First National Bank of Clovis in Clovis, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2000

  • First National Bank of Clovis in Clovis, New Mexico (NM)
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First National Bank of Clovis - Overview

  • General
  • FDIC Certificate #: 2250
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: New Mexico Bank & Trust (#34726)
    Federal Reserve ID: 786359
    Date Established: November 27, 1906
    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)
    FDIC's unique #: 1497
    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 01, 1934
    Last Structure Change Effective Date: January 01, 2000
    Last Structure Change Process Date: Febuary 09, 2000
    Last Data Update: Febuary 09, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 709 Pile Street, Clovis, NM 88101
    County: Curry
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Albuquerque
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Combined Statistical Area (CSA): Clovis-Portales, NM (#188)
    Core Based Statistical Area (CBSA): Clovis, NM (#17580)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $120.1 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
  • 48Total employees (full-time equivalent)
  • $120,116Total assets
  • $9,837Cash and due from depository institutions
  • $0Interest-bearing balances
  • $16,805Securities
  • $23,130Federal funds sold & reverse repurchase agreements
  • $66,463Net loans & leases
  • $1,142Loan loss allowance
  • $0Trading account assets
  • $1,886Bank premises and fixed assets
  • $279Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,716All other assets
  • $120,116Total liabilities and capital
  • $109,081Total liabilities
  • $97,536Total deposits
  • $76,308Interest-bearing deposits
  • $97,536Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $10,894Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $651All other liabilities
  • $11,035Total equity capital
  • $11,035Total bank equity capital
  • $11,035Perpetual preferred stock
  • $0Common stock
  • $2,050Surplus
  • $2,050Undivided profits
  • Memoranda
  • $6,935Noncurrent loans and leases
  • $7,476Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $548Earning assets
  • $0Long-term assets (5+ years)
  • $1,366Average Assets, year-to-date
  • $106,398Average Assets, quarterly
  • $3,797Volatile liabilities
  • $116,552Insider loans
  • $119,716FHLB advances
  • $25,129Loans and leases held for sale
  • $331Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,476Total unused commitments
  • $272Restructured Loans and leases
  • $959Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $8,654Total interest income
  • $3,095Total interest expense
  • $5,559Net interest income
  • $1,222Provision for loan and lease losses
  • $406Total noninterest income
  • $1Fiduciary activities
  • $192Service charges on deposit accounts
  • $0Trading account gains & fees
  • $213Additional noninterest income
  • $2,774Total noninterest expense
  • $1,763Salaries and employee benefits
  • $356Premises and equipment expense
  • $655Additional noninterest expense
  • $1,969Pre-tax net operating income
  • $0Securities gains (losses)
  • $615Applicable income taxes
  • $1,354Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,354Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,484Sale, conversion, retirement of capital stock, net
  • $564Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.35%Yield on earning assets
  • 2.98%Cost of funding earning assets
  • 5.36%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 2.68%Noninterest expense to earning assets
  • 1.16%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 1.69%Pretax return on assets
  • 12.71%Return on equity (ROE)
  • 7.41%Retained earnings to average equity (YTD only)
  • 2.12%Net charge-offs to loans
  • 82.35%Credit loss provision to net charge-offs
  • 2.15%Efficiency ratio
  • 46,505Assets per employee
  • 2.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.65%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 208.39%Noncurrent assets plus other real estate owned to assets
  • 0.69%Noncurrent loans to loans
  • 0.81%Net loans and leases to deposits
  • 68.14%Net loans and leases to core deposits
  • 79.79%Equity capital to assets
  • 9.19%Core capital (leverage) ratio
  • 9.00%Tier 1 risk-based capital ratio
  • 14.45%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $116,552Average earning assets
  • $10,657Average equity
  • $103,694Average loans

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