First Fidelity Bank, National Association in city_name, state_name

First Fidelity Bank, National Association in Phoenix, Arizona (AZ)
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First Fidelity Bank, National Association - Overview

General
FDIC Certificate #: 58288
Status: Inactive
Closing history: Absorption - Without Assistance
Acquiring institution: First Fidelity Bank, National Association (#23473)
Federal Reserve ID: 3394054
Date Established: April 06, 2006
WWW: http://www.first-fidelity.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
FDIC's unique #: 445514
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: April 06, 2006
Last Structure Change Effective Date: June 23, 2007
Last Structure Change Process Date: June 27, 2007
Last Data Update: June 27, 2007
Data Source Date: April 05, 2012
Location
Address: 6232 N. 32nd Street, Phoenix, AZ 85018
County: Maricopa
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: Dallas
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: $54.8 mil

Assets and Liabilities (December 31, 2006)

Dollar figures in thousands
7Total employees (full-time equivalent)
$55,669Total assets
$625Cash and due from depository institutions
$1Interest-bearing balances
$0Securities
$4,465Federal funds sold & reverse repurchase agreements
$46,285Net loans & leases
$430Loan loss allowance
$0Trading account assets
$3,635Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$659All other assets
$55,669Total liabilities and capital
$40,951Total liabilities
$9,147Total deposits
$6,473Interest-bearing deposits
$9,147Deposits held in domestic offices
0.00%% insured (estimated)
$31,041Federal funds purchased & repurchase agreements
$0Trading liabilities
$175Other borrowed funds
$0Subordinated debt
$588All other liabilities
$14,718Total equity capital
$14,718Total bank equity capital
$14,718Perpetual preferred stock
$0Common stock
$5,000Surplus
$10,000Undivided profits
Memoranda
$-282Noncurrent loans and leases
$5,167Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$195Average Assets, year-to-date
$50,751Average Assets, quarterly
$6,678Volatile liabilities
$50,973Insider loans
$53,509FHLB advances
$32,546Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,167Total unused commitments
$0Restructured Loans and leases
$485Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$2,714Total interest income
$1,212Total interest expense
$1,502Net interest income
$485Provision for loan and lease losses
$11Total noninterest income
$0Fiduciary activities
$7Service charges on deposit accounts
$0Trading account gains & fees
$4Additional noninterest income
$1,310Total noninterest expense
$541Salaries and employee benefits
$256Premises and equipment expense
$513Additional noninterest expense
-$282Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$282Income before extraordinary items
$0Extraordinary gains - net
-$282Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.87%Yield on earning assets
2.62%Cost of funding earning assets
3.25%Net interest margin
0.02%Noninterest income to earning assets
2.84%Noninterest expense to earning assets
-0.55%Net operating income to assets
-0.55%Return on assets (ROA)
-0.55%Pretax return on assets
-1.91%Return on equity (ROE)
-1.91%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
86,583Assets per employee
7.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.92%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
506.01%Net loans and leases to core deposits
605.67%Equity capital to assets
26.44%Core capital (leverage) ratio
28.26%Tier 1 risk-based capital ratio
28.72%Total risk-based capital ratio
Memoranda
$30Average assets
$50,973Average earning assets
$14,763Average equity
$46,201Average loans

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

First Fidelity Bank, National Association - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

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

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

First Fidelity Bank, National Association - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

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

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