Community First National Bank in city_name, state_name - Detailed Financial Reports, Location

Community First National Bank in Salt Lake City, Utah (UT)
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Community First National Bank - Overview

General
FDIC Certificate #: 23320
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community First National Bank (#3924)
Federal Reserve ID: 177274
Date Established: January 16, 1981
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
OTS Docket #: 10877
FDIC's unique #: 16342
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 16, 1981
Last Structure Change Effective Date: August 29, 2000
Last Structure Change Process Date: September 29, 2000
Last Data Update: September 29, 2000
Data Source Date: April 05, 2012
Location
Address: 142 East 200 South, Salt Lake City, UT 84111
County: Salt Lake
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: Kansas City
FDIC Field Office: Salt Lake City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160)
Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620)
CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
Financial Summary
Total assets: $115.7 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
57Total employees (full-time equivalent)
$108,315Total assets
$4,129Cash and due from depository institutions
$4Interest-bearing balances
$33,007Securities
$0Federal funds sold & reverse repurchase agreements
$65,421Net loans & leases
$1,337Loan loss allowance
$0Trading account assets
$1,380Bank premises and fixed assets
$1,582Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,796All other assets
$108,315Total liabilities and capital
$100,721Total liabilities
$80,311Total deposits
$57,115Interest-bearing deposits
$80,311Deposits held in domestic offices
0.00%% insured (estimated)
$6,436Federal funds purchased & repurchase agreements
$0Trading liabilities
$13,000Other borrowed funds
$0Subordinated debt
$974All other liabilities
$7,594Total equity capital
$7,594Total bank equity capital
$7,594Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,640Undivided profits
Memoranda
$4,954Noncurrent loans and leases
$15,058Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$723Earning assets
$207Long-term assets (5+ years)
$691Average Assets, year-to-date
$98,432Average Assets, quarterly
$31,577Volatile liabilities
$106,582Insider loans
$113,797FHLB advances
$24,066Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,058Total unused commitments
$0Restructured Loans and leases
$1,017Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$9,551Total interest income
$2,886Total interest expense
$6,665Net interest income
$108Provision for loan and lease losses
$2,690Total noninterest income
$0Fiduciary activities
$771Service charges on deposit accounts
$0Trading account gains & fees
$1,919Additional noninterest income
$4,741Total noninterest expense
$2,546Salaries and employee benefits
$936Premises and equipment expense
$1,259Additional noninterest expense
$4,506Pre-tax net operating income
$0Securities gains (losses)
$1,648Applicable income taxes
$2,858Income before extraordinary items
$0Extraordinary gains - net
$2,858Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$103Sale, conversion, retirement of capital stock, net
$1,200Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.89%Yield on earning assets
2.99%Cost of funding earning assets
6.90%Net interest margin
2.79%Noninterest income to earning assets
4.91%Noninterest expense to earning assets
2.68%Net operating income to assets
2.68%Return on assets (ROA)
4.23%Pretax return on assets
38.04%Return on equity (ROE)
22.07%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
104.85%Credit loss provision to net charge-offs
44.80%Efficiency ratio
50,679Assets per employee
1.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.99%Loss allowance to loans
2.00%Loss allowance to noncurrent loans
184.92%Noncurrent assets plus other real estate owned to assets
2.13%Noncurrent loans to loans
1.08%Net loans and leases to deposits
81.46%Net loans and leases to core deposits
86.44%Equity capital to assets
7.01%Core capital (leverage) ratio
8.11%Tier 1 risk-based capital ratio
10.93%Total risk-based capital ratio
Memoranda
$12Average assets
$106,582Average earning assets
$7,513Average equity
$96,530Average loans

Community First National Bank in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community First National Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

Community First National Bank in Salt Lake City, Utah (UT)Overview, Financial Summary, Detailed Financial Reports, Branches

Community First National Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

Community First National Bank in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches