Chase Bank of Arizona in Phoenix, Arizona (AZ)



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Chase Bank of Arizona
GeneralFDIC Certificate #: 19192
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank of Arizona, National Association (#2843)
Federal Reserve ID: 432665
Date Established: August 03, 1964
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 13 (Interstate: No)
FDIC's unique #: 13012
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: August 03, 1964
Last Structure Change Effective Date: May 01, 1994
Last Structure Change Process Date: June 09, 1994
Last Data Update: June 09, 1994
Data Source Date: April 05, 2012
LocationAddress: 4000 North Central Avenue, Phoenix, AZ 85012
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)
Financial SummaryTotal assets: $514.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$255
Cash and due from depository institutions$527,259
Interest-bearing balances$23,065
Securities$0
Federal funds sold & reverse repurchase agreements$194,711
Net loans & leases$15,000
Loan loss allowance $280,266
Trading account assets$6,680
Bank premises and fixed assets$0
Other real estate owned$6,876
Goodwill and other intangibles$847
All other assets$0
Life insurance assets$6,494
Total liabilities and capital$0
Total liabilities$527,259
Total deposits$478,028
Interest-bearing deposits$407,165
Deposits held in domestic offices$312,453
% insured (estimated)407165.00%
Federal funds purchased & repurchase agreements $89
Trading liabilities$6,173
Other borrowed funds $0
Subordinated debt $58,847
All other liabilities $0
Total equity capital$5,843
Total bank equity capital$5,843
Perpetual preferred stock$49,231
Common stock$0
Surplus$0
Undivided profits $179,063
Memoranda
Noncurrent loans and leases $-129,832
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $9,012
Earning assets $1,277
Long-term assets (5+ years) $489,977
Average Assets, year-to-date $177,093
Average Assets, quarterly $547,738
Volatile liabilities $527,277
Insider loans $92,342
FHLB advances $25
Loans and leases held for sale $0
Unused loan commitments $0
Tier 1 (core) risk-based capital $66,020
Tier 2 risk-based capital $0
Total risk weighted assets $49,231
Total unused commitments $312,360
Restructured Loans and leases $0
Derivatives$0
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Income and Expense (December 31, 1993)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $35,850
Net interest income $12,855
Provision for loan and lease losses $22,995
Total noninterest income $1,787
Fiduciary activities $5,490
Service charges on deposit accounts $1,233
Trading account gains & fees $1,608
Additional noninterest income $0
Total noninterest expense $2,649
Salaries and employee benefits $22,687
Premises and equipment expense $10,055
Additional noninterest expense $3,173
Pre-tax net operating income $9,459
Securities gains (losses) $4,011
Applicable income taxes $0
Income before extraordinary items $1,324
Extraordinary gains - net $2,687
Net income attributable to bank $0
Net charge-offs $2,687
Cash dividends $3,418
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
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Performance and Condition Ratios (December 31, 1993)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 7.12%
Net interest margin 2.55%
Noninterest income to earning assets 4.57%
Noninterest expense to earning assets 1.09%
Net operating income to assets 4.51%
Return on assets (ROA) 0.49%
Pretax return on assets 0.49%
Return on equity (ROE) 0.73%
Retained earnings to average equity (YTD only) 5.61%
Net charge-offs to loans 5.61%
Credit loss provision to net charge-offs 0.97%
Efficiency ratio52.28%
Assets per employee$79,537
Cash dividends to net income (YTD only)2.07%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.33%
Noncurrent assets plus other real estate owned to assets 74.12%
Noncurrent loans to loans 1.87%
Net loans and leases to deposits3.14%
Net loans and leases to core deposits 68.83%
Equity capital to assets 73.78%
Core capital (leverage) ratio 9.34%
Tier 1 risk-based capital ratio 9.49%
Total risk-based capital ratio 15.76%
Memoranda
Average assets$17
Average earning assets$547,738
Average equity $47,907
Average loans $503,516
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