Overview, Financial Summary, Detailed Financial Reports, Branches

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  • General
  • FDIC Certificate #: 58744
    Status: Active
    Federal Reserve ID: 3637096
    Date Established: December 14, 2007
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 465743
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 14, 2007
    Last Structure Change Effective Date: April 25, 2011
    Last Structure Change Process Date: July 14, 2011
    Last Data Update: July 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 15190 North Hayden Road, Scottsdale, AZ 85260
    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)
  • History of Changes
  • Change in Location
    Name Change
  • Financial Summary
  • Total assets: $68.7 mil
    Equity capital: $18.1 mil
    Deposits held in domestic offices: $50.4 mil
    Return on assets (ROA): -3.40% (-$2.3 mil)
    Quarterly return on assets: -4.89% (-$3.4 mil)
    Return on Equity (ROE): -11.06% (-$2.0 mil)
    Quarterly return on equity: -17.27% (-$3.1 mil)
    Net income: -$2.1 mil
    Quarterly Net income: -$0.8 mil
    Pretax return on assets: -3.40% (-$2,335.8 mil)
    Quarterly Pretax return on assets: -4.89% (-$3,359.5 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
  • 16Total employees (full-time equivalent)
  • $68,701Total assets
  • $28,116Cash and due from depository institutions
  • $26,149Interest-bearing balances
  • $13,660Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $25,719Net loans & leases
  • $361Loan loss allowance
  • $0Trading account assets
  • $125Bank premises and fixed assets
  • $0Other real estate owned
  • $22Goodwill and other intangibles
  • $68,701Life insurance assets
  • $1,059All other assets
  • $50,555Total liabilities and capital
  • $50,412Total liabilities
  • $32,597Total deposits
  • $50,412Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $143Subordinated debt
  • $18,146All other liabilities
  • $18,146Total equity capital
  • $18,146Total bank equity capital
  • $0Perpetual preferred stock
  • $3,250Common stock
  • $17,599Surplus
  • $-2,703Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $170Long-term assets (5+ years)
  • $65,528Average Assets, year-to-date
  • $3,939Average Assets, quarterly
  • $62,952Volatile liabilities
  • $65,526Insider loans
  • $35,625FHLB advances
  • $62,880Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,077Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,819Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,365Total interest income
  • $160Total interest expense
  • $1,205Net interest income
  • $283Provision for loan and lease losses
  • $20Total noninterest income
  • $0Fiduciary activities
  • $20Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $3,081Total noninterest expense
  • $1,519Salaries and employee benefits
  • $293Premises and equipment expense
  • $1,269Additional noninterest expense
  • -$2,139Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$2,139Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,139Net income attributable to bank
  • $0Net charge-offs
  • -$2,139Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.25%Yield on earning assets
  • 0.26%Cost of funding earning assets
  • 1.98%Net interest margin
  • 0.03%Noninterest income to earning assets
  • 5.07%Noninterest expense to earning assets
  • -3.40%Net operating income to assets
  • -3.40%Return on assets (ROA)
  • -3.40%Pretax return on assets
  • -11.06%Return on equity (ROE)
  • -11.06%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 234,449Assets per employee
  • 4.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 51.02%Net loans and leases to core deposits
  • 58.36%Equity capital to assets
  • 26.41%Core capital (leverage) ratio
  • 28.75%Tier 1 risk-based capital ratio
  • 50.74%Total risk-based capital ratio
  • Memoranda
  • $52Average assets
  • $62,952Average earning assets
  • $19,332Average equity
  • $60,743Average loans

List of branches

  • 1 Arizona Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0465743First Scottsdale Bank, National Association15190 North Hayden Road, Scottsdale, AZ 85260December 14, 2007Full Service Brick and Mortar

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