Centinel Bank of Taos in Taos, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

Centinel Bank of Taos - Overview

  • General
  • FDIC Certificate #: 19904
    Status: Active
    Federal Reserve ID: 800853
    Bank Holding Company (Regulatory Top Holder): Centinel Bank Shares, Inc. (RSSDID: 1061754, Location: Taos, NM)
    Date Established: March 01, 1969
    WWW: http://www.centinelbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 10688
    FDIC's unique #: 13679
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: March 01, 1969
    Last Structure Change Effective Date: July 29, 2010
    Last Structure Change Process Date: July 30, 2010
    Last Data Update: July 30, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 512 Paso Del Pueblo Sur, Taos, NM 87571
    County: Taos
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Albuquerque
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Taos, NM (#45340)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $178.6 mil
    Equity capital: $16.4 mil
    Deposits held in domestic offices: $160.5 mil
    Return on assets (ROA): 1.49% ($2.7 mil)
    Quarterly return on assets: 1.34% ($2.4 mil)
    Return on Equity (ROE): 15.97% ($2.6 mil)
    Quarterly return on equity: 14.32% ($2.3 mil)
    Net income: $2.5 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.49% ($2,660.9 mil)
    Quarterly Pretax return on assets: 1.34% ($2,393.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 52Total employees (full-time equivalent)
  • $178,587Total assets
  • $22,883Cash and due from depository institutions
  • $21,094Interest-bearing balances
  • $69,448Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $77,980Net loans & leases
  • $1,412Loan loss allowance
  • $0Trading account assets
  • $2,111Bank premises and fixed assets
  • $1,164Other real estate owned
  • $0Goodwill and other intangibles
  • $178,587Life insurance assets
  • $5,001All other assets
  • $162,214Total liabilities and capital
  • $160,477Total liabilities
  • $120,103Total deposits
  • $160,477Interest-bearing deposits
  • $73Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $219Trading liabilities
  • $0Other borrowed funds
  • $1,518Subordinated debt
  • $16,373All other liabilities
  • $16,373Total equity capital
  • $16,373Total bank equity capital
  • $0Perpetual preferred stock
  • $318Common stock
  • $4,860Surplus
  • $11,195Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $140Income earned, not collected on loans
  • $0Earning assets
  • $645Long-term assets (5+ years)
  • $168,522Average Assets, year-to-date
  • $67,168Average Assets, quarterly
  • $168,775Volatile liabilities
  • $173,725Insider loans
  • $83,836FHLB advances
  • $175,261Loans and leases held for sale
  • $3,519Unused loan commitments
  • $3,519Tier 1 (core) risk-based capital
  • $15,353Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,260Restructured Loans and leases
  • $958Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,841Total interest income
  • $524Total interest expense
  • $6,317Net interest income
  • $533Provision for loan and lease losses
  • $1,486Total noninterest income
  • $0Fiduciary activities
  • $770Service charges on deposit accounts
  • $0Trading account gains & fees
  • $716Additional noninterest income
  • $5,149Total noninterest expense
  • $2,914Salaries and employee benefits
  • $620Premises and equipment expense
  • $1,615Additional noninterest expense
  • $2,121Pre-tax net operating income
  • $400Securities gains (losses)
  • $0Applicable income taxes
  • $2,521Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,521Net income attributable to bank
  • $0Net charge-offs
  • $2,521Cash dividends
  • $427Sale, conversion, retirement of capital stock, net
  • $1,790Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.31%Yield on earning assets
  • 0.33%Cost of funding earning assets
  • 3.98%Net interest margin
  • 0.94%Noninterest income to earning assets
  • 3.24%Noninterest expense to earning assets
  • 1.26%Net operating income to assets
  • 1.49%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 15.97%Return on equity (ROE)
  • 4.63%Retained earnings to average equity (YTD only)
  • 0.52%Net charge-offs to loans
  • 124.82%Credit loss provision to net charge-offs
  • 6.22%Efficiency ratio
  • 65,987Assets per employee
  • 3.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 71.00%Loss allowance to loans
  • 1.78%Loss allowance to noncurrent loans
  • 1008.57%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 48.59%Net loans and leases to core deposits
  • 52.60%Equity capital to assets
  • 9.17%Core capital (leverage) ratio
  • 8.76%Tier 1 risk-based capital ratio
  • 18.31%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $168,775Average earning assets
  • $15,790Average equity
  • $158,722Average loans

List of branches

  • 2 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013679Centinel Bank Of Taos512 Paso Del Pueblo Sur, Taos, NM 87571March 01, 1969Full Service Brick and Mortar
    1249958Northside Branch707 Passeo Del Pueblo Norte, Taos, NM 87571October 13, 1977Full Service Brick and Mortar

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