Community 1st Bank Las Vegas in city_name, state_name - Detailed Financial Reports, Location

Community 1st Bank Las Vegas in Las Vegas, New Mexico (NM)
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Community 1st Bank Las Vegas routing number info

Community 1st Bank Las Vegas - Overview

General
FDIC Certificate #: 16854
Status: Active
Federal Reserve ID: 768458
Bank Holding Company (Regulatory Top Holder): Fnb Financial Corporation (RSSDID: 2921695, Location: Las Vegas, NM)
Date Established: November 23, 1949
WWW: http://www.cfblv.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
OTS Docket #: 14210
FDIC's unique #: 10953
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: Commercial Lending Specialization
Date of Deposit Insurance: November 23, 1949
Last Structure Change Effective Date: June 27, 2011
Last Structure Change Process Date: June 29, 2011
Last Data Update: June 29, 2011
Data Source Date: April 05, 2012
Location
Address: 600 Douglas Ave, Las Vegas, NM 87701
County: San Miguel
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): Las Vegas, NM (#29780)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $167.2 mil
Equity capital: $17.1 mil
Deposits held in domestic offices: $148.0 mil
Return on assets (ROA): 1.07% ($1.8 mil)
Quarterly return on assets: 1.61% ($2.7 mil)
Return on Equity (ROE): 11.71% ($2.0 mil)
Quarterly return on equity: 17.13% ($2.9 mil)
Net income: $1.9 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 1.07% ($1,788.7 mil)
Quarterly Pretax return on assets: 1.61% ($2,691.4 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
57Total employees (full-time equivalent)
$167,168Total assets
$4,128Cash and due from depository institutions
$235Interest-bearing balances
$40,501Securities
$4,250Federal funds sold & reverse repurchase agreements
$106,705Net loans & leases
$2,180Loan loss allowance
$0Trading account assets
$4,433Bank premises and fixed assets
$5,413Other real estate owned
$0Goodwill and other intangibles
$167,168Life insurance assets
$1,738All other assets
$150,084Total liabilities and capital
$148,002Total liabilities
$129,102Total deposits
$148,002Interest-bearing deposits
$71Deposits held in domestic offices
1082.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$756Trading liabilities
$0Other borrowed funds
$244Subordinated debt
$17,084All other liabilities
$17,084Total equity capital
$17,084Total bank equity capital
$0Perpetual preferred stock
$495Common stock
$8,076Surplus
$8,513Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,880Income earned, not collected on loans
$0Earning assets
$952Long-term assets (5+ years)
$151,691Average Assets, year-to-date
$44,338Average Assets, quarterly
$181,527Volatile liabilities
$182,561Insider loans
$104,121FHLB advances
$172,862Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$15,103Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,772Restructured Loans and leases
$4,724Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$9,743Total interest income
$2,229Total interest expense
$7,514Net interest income
$1,021Provision for loan and lease losses
$544Total noninterest income
$0Fiduciary activities
$237Service charges on deposit accounts
$0Trading account gains & fees
$307Additional noninterest income
$5,964Total noninterest expense
$2,427Salaries and employee benefits
$769Premises and equipment expense
$2,768Additional noninterest expense
$1,073Pre-tax net operating income
$862Securities gains (losses)
$0Applicable income taxes
$1,935Income before extraordinary items
$0Extraordinary gains - net
$1,935Net income attributable to bank
$0Net charge-offs
$1,935Cash dividends
$2,401Sale, conversion, retirement of capital stock, net
$927Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.79%Yield on earning assets
1.32%Cost of funding earning assets
4.47%Net interest margin
0.32%Noninterest income to earning assets
3.54%Noninterest expense to earning assets
0.59%Net operating income to assets
1.07%Return on assets (ROA)
1.07%Pretax return on assets
11.71%Return on equity (ROE)
6.10%Retained earnings to average equity (YTD only)
2.06%Net charge-offs to loans
42.52%Credit loss provision to net charge-offs
0.87%Efficiency ratio
74,013Assets per employee
2.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.91%Loss allowance to loans
2.00%Loss allowance to noncurrent loans
115.96%Noncurrent assets plus other real estate owned to assets
4.36%Noncurrent loans to loans
1.73%Net loans and leases to deposits
72.10%Net loans and leases to core deposits
76.92%Equity capital to assets
10.22%Core capital (leverage) ratio
8.74%Tier 1 risk-based capital ratio
14.51%Total risk-based capital ratio
Memoranda
$16Average assets
$181,527Average earning assets
$16,518Average equity
$168,243Average loans

List of branches

7 New Mexico Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10953	Community 1st Bank Las Vegas	600 Douglas Ave, Las Vegas, NM 87701	November 23, 1949	Full Service Brick and Mortar
1	239085	Legion Park Branch	Seventh Street And Legion Drive, Las Vegas, NM 87701	September 13, 1973	Full Service Brick and Mortar
2	239086	Motor Branch	520 Douglas Avenue, Las Vegas, NM 87701	May 07, 1984	Limited Service Facility
3	437152	Mora Branch	Main Street, Mora, NM 87732	July 01, 2004	Full Service Brick and Mortar
4	457666	Wagon Mound Branch	801 Nolan, Wagon Mound, NM 87752	October 23, 2006	Full Service Brick and Mortar
5	457667	Roy Branch	405 Chicosa, Roy, NM 87743	October 23, 2006	Full Service Brick and Mortar
6	493115	Santa Rosa Branch	109 S. 4th Street, Santa Rosa, NM 88435	October 24, 2008	Full Service Brick and Mortar

Community 1st Bank Las Vegas in Las Vegas, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community 1st Bank Las Vegas - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Community 1st Bank Las Vegas in Las Vegas, New Mexico (NM)Overview, Financial Summary, Detailed Financial Reports, Branches

Community 1st Bank Las Vegas - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Community 1st Bank Las Vegas in Las Vegas, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches