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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