Community First National Bank in Phoenix, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 29, 2000

  • Community First National Bank in Phoenix, Arizona (AZ)
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Community First National Bank - Overview

  • General
  • FDIC Certificate #: 26461
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community First National Bank (#3924)
    Federal Reserve ID: 72762
    Date Established: December 09, 1985
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 28 (Interstate: No)
    FDIC's unique #: 33116
    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: December 09, 1985
    Last Structure Change Effective Date: August 29, 2000
    Last Structure Change Process Date: September 19, 2000
    Last Data Update: September 19, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 2020 North Central Avenue, Phoenix, AZ 85004
    County: Maricopa
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Kansas City
    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 Summary
  • Total assets: $632.8 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
  • 158Total employees (full-time equivalent)
  • $667,591Total assets
  • $21,817Cash and due from depository institutions
  • $0Interest-bearing balances
  • $404,458Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $186,783Net loans & leases
  • $2,372Loan loss allowance
  • $0Trading account assets
  • $5,488Bank premises and fixed assets
  • $497Other real estate owned
  • $28,864Goodwill and other intangibles
  • $0Life insurance assets
  • $19,684All other assets
  • $667,591Total liabilities and capital
  • $601,141Total liabilities
  • $512,990Total deposits
  • $412,530Interest-bearing deposits
  • $512,990Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $36,104Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $48,000Other borrowed funds
  • $0Subordinated debt
  • $4,047All other liabilities
  • $66,450Total equity capital
  • $66,450Total bank equity capital
  • $66,450Perpetual preferred stock
  • $0Common stock
  • $10,000Surplus
  • $62,677Undivided profits
  • Memoranda
  • $-6,227Noncurrent loans and leases
  • $34,199Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,171Earning assets
  • $0Long-term assets (5+ years)
  • $1,192Average Assets, year-to-date
  • $591,241Average Assets, quarterly
  • $285,851Volatile liabilities
  • $681,516Insider loans
  • $662,715FHLB advances
  • $110,346Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,560Total risk weighted assets
  • $34,199Total unused commitments
  • $0Restructured Loans and leases
  • $2,372Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $44,030Total interest income
  • $19,574Total interest expense
  • $24,456Net interest income
  • $1,701Provision for loan and lease losses
  • $6,975Total noninterest income
  • $0Fiduciary activities
  • $4,743Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,232Additional noninterest income
  • $19,697Total noninterest expense
  • $7,204Salaries and employee benefits
  • $1,922Premises and equipment expense
  • $10,571Additional noninterest expense
  • $10,033Pre-tax net operating income
  • $555Securities gains (losses)
  • $3,343Applicable income taxes
  • $7,245Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,245Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,026Sale, conversion, retirement of capital stock, net
  • $7,500Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.22%Yield on earning assets
  • 3.21%Cost of funding earning assets
  • 4.01%Net interest margin
  • 1.14%Noninterest income to earning assets
  • 3.23%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.06%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 9.94%Return on equity (ROE)
  • -0.35%Retained earnings to average equity (YTD only)
  • 0.62%Net charge-offs to loans
  • 165.79%Credit loss provision to net charge-offs
  • 11.44%Efficiency ratio
  • 55,649Assets per employee
  • 4.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 103.52%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 74.80%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 1.68%Net loans and leases to deposits
  • 36.41%Net loans and leases to core deposits
  • 38.37%Equity capital to assets
  • 9.95%Core capital (leverage) ratio
  • 7.22%Tier 1 risk-based capital ratio
  • 15.32%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $681,516Average earning assets
  • $72,871Average equity
  • $609,429Average loans

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