Century Bank in Scottsdale, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 15, 2000

  • Century Bank in Scottsdale, Arizona (AZ)
  • Show street view No street view available for this location

Century Bank - Overview

  • General
  • FDIC Certificate #: 34390
    Status: Inactive
    Closing history: Participated in Reorganization
    Acquiring institution: The Harris Bank National Association (#24960)
    Federal Reserve ID: 2571474
    Date Established: May 01, 1997
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 57153
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 01, 1997
    Last Structure Change Effective Date: December 15, 2000
    Last Structure Change Process Date: Febuary 09, 2001
    Last Data Update: Febuary 09, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 34525 North Scottsdale Road, Scottsdale, AZ 85262
    County: Maricopa
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Phoenix-Mesa, AZ (#6200)
    Core Based Statistical Area (CBSA): Phoenix-Mesa-Glendale, AZ (#38060)
    CBSA Metro Statistical Area: Phoenix-Mesa-Glendale, AZ (#38060)
  • History of Changes
  • Merger - Without Assistance
    Participated in Reorganization
  • Financial Summary
  • Total assets: $61.7 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $47,342Total assets
  • $1,289Cash and due from depository institutions
  • $0Interest-bearing balances
  • $11,744Securities
  • $5,018Federal funds sold & reverse repurchase agreements
  • $24,857Net loans & leases
  • $435Loan loss allowance
  • $0Trading account assets
  • $4,024Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $410All other assets
  • $47,342Total liabilities and capital
  • $41,389Total liabilities
  • $41,259Total deposits
  • $34,550Interest-bearing deposits
  • $41,259Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $130All other liabilities
  • $5,953Total equity capital
  • $5,953Total bank equity capital
  • $5,953Perpetual preferred stock
  • $0Common stock
  • $3,550Surplus
  • $3,550Undivided profits
  • Memoranda
  • $-1,147Noncurrent loans and leases
  • $8,418Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $170Average Assets, year-to-date
  • $41,619Average Assets, quarterly
  • $8,929Volatile liabilities
  • $35,803Insider loans
  • $43,503FHLB advances
  • $6,193Loans and leases held for sale
  • $948Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,418Total unused commitments
  • $0Restructured Loans and leases
  • $376Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $2,440Total interest income
  • $979Total interest expense
  • $1,461Net interest income
  • $193Provision for loan and lease losses
  • $181Total noninterest income
  • $0Fiduciary activities
  • $118Service charges on deposit accounts
  • $0Trading account gains & fees
  • $63Additional noninterest income
  • $1,657Total noninterest expense
  • $824Salaries and employee benefits
  • $333Premises and equipment expense
  • $500Additional noninterest expense
  • -$208Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$208Income before extraordinary items
  • $0Extraordinary gains - net
  • -$208Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $164Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.00%Yield on earning assets
  • 3.21%Cost of funding earning assets
  • 4.79%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 5.43%Noninterest expense to earning assets
  • -0.58%Net operating income to assets
  • -0.58%Return on assets (ROA)
  • -0.58%Pretax return on assets
  • -3.43%Return on equity (ROE)
  • -3.43%Retained earnings to average equity (YTD only)
  • 0.80%Net charge-offs to loans
  • 117.68%Credit loss provision to net charge-offs
  • -0.09%Efficiency ratio
  • 100,914Assets per employee
  • 2.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 60.25%Net loans and leases to core deposits
  • 70.89%Equity capital to assets
  • 12.57%Core capital (leverage) ratio
  • 14.01%Tier 1 risk-based capital ratio
  • 20.08%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $35,803Average earning assets
  • $6,061Average equity
  • $30,495Average loans

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