Country Bank in Prescott, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

Country Bank - Overview

  • General
  • FDIC Certificate #: 57498
    Status: Active
    Federal Reserve ID: 3165599
    Date Established: Febuary 03, 2003
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 364360
    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: Febuary 03, 2003
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 107 East Willis Street, Prescott, AZ 86301
    County: Yavapai
    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
    Core Based Statistical Area (CBSA): Prescott, AZ (#39140)
    CBSA Metro Statistical Area: Prescott, AZ (#39140)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $154.4 mil
    Equity capital: $17.0 mil
    Deposits held in domestic offices: $137.2 mil
    Return on assets (ROA): 0.18% ($0.3 mil)
    Quarterly return on assets: -0.27% (-$0.4 mil)
    Return on Equity (ROE): 1.82% ($0.3 mil)
    Quarterly return on equity: -2.39% (-$0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.18% ($277.8 mil)
    Quarterly Pretax return on assets: -0.27% (-$416.8 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
  • 45Total employees (full-time equivalent)
  • $154,353Total assets
  • $34,532Cash and due from depository institutions
  • $31,695Interest-bearing balances
  • $13,105Securities
  • $1,000Federal funds sold & reverse repurchase agreements
  • $93,860Net loans & leases
  • $2,126Loan loss allowance
  • $0Trading account assets
  • $6,304Bank premises and fixed assets
  • $1,316Other real estate owned
  • $0Goodwill and other intangibles
  • $154,353Life insurance assets
  • $4,236All other assets
  • $137,373Total liabilities and capital
  • $137,156Total liabilities
  • $116,713Total deposits
  • $137,156Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $217Subordinated debt
  • $16,980All other liabilities
  • $16,980Total equity capital
  • $16,980Total bank equity capital
  • $0Perpetual preferred stock
  • $14,124Common stock
  • $0Surplus
  • $2,856Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,162Income earned, not collected on loans
  • $0Earning assets
  • $367Long-term assets (5+ years)
  • $139,660Average Assets, year-to-date
  • $12,182Average Assets, quarterly
  • $149,720Volatile liabilities
  • $153,272Insider loans
  • $111,025FHLB advances
  • $154,014Loans and leases held for sale
  • $3,144Unused loan commitments
  • $1,216Tier 1 (core) risk-based capital
  • $16,886Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,928Total unused commitments
  • $18,563Restructured Loans and leases
  • $1,479Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,496Total interest income
  • $509Total interest expense
  • $5,987Net interest income
  • $1,500Provision for loan and lease losses
  • $569Total noninterest income
  • $0Fiduciary activities
  • $143Service charges on deposit accounts
  • $0Trading account gains & fees
  • $426Additional noninterest income
  • $4,780Total noninterest expense
  • $2,671Salaries and employee benefits
  • $601Premises and equipment expense
  • $1,508Additional noninterest expense
  • $276Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $276Income before extraordinary items
  • $0Extraordinary gains - net
  • $276Net income attributable to bank
  • $0Net charge-offs
  • $276Cash dividends
  • $1,096Sale, conversion, retirement of capital stock, net
  • $420Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 0.37%Cost of funding earning assets
  • 4.34%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 3.47%Noninterest expense to earning assets
  • 0.18%Net operating income to assets
  • 0.18%Return on assets (ROA)
  • 0.18%Pretax return on assets
  • 1.82%Return on equity (ROE)
  • -0.95%Retained earnings to average equity (YTD only)
  • 1.12%Net charge-offs to loans
  • 136.86%Credit loss provision to net charge-offs
  • 1.62%Efficiency ratio
  • 72,910Assets per employee
  • 3.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 152.17%Loss allowance to loans
  • 2.21%Loss allowance to noncurrent loans
  • 98.33%Noncurrent assets plus other real estate owned to assets
  • 2.25%Noncurrent loans to loans
  • 2.25%Net loans and leases to deposits
  • 68.43%Net loans and leases to core deposits
  • 69.84%Equity capital to assets
  • 11.00%Core capital (leverage) ratio
  • 10.96%Tier 1 risk-based capital ratio
  • 15.21%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $149,720Average earning assets
  • $15,126Average equity
  • $137,821Average loans

List of branches

  • 4 Arizona Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0364360Country Bank107 East Willis Street, Prescott, AZ 86301Febuary 03, 2003Full Service Brick and Mortar
    1433280Black Drive/Gail Gardner Branch1275 Gail Gardner Way, Prescott, AZ 86303November 29, 2004Full Service Brick and Mortar
    2444970Cottonwood Branch597 E State Route 89a, Cottonwood, AZ 86326October 03, 2005Full Service Brick and Mortar
    3465815Prescottvalley Branch3044 N Glassford Hill Road, Prescott Valley, AZ 86314October 16, 2006Full Service Brick and Mortar

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