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

This bank is inactive as of July 07, 2011

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

  • General
  • FDIC Certificate #: 26491
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank (#17643)
    Federal Reserve ID: 485353
    Date Established: December 16, 1985
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 33159
    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: December 16, 1985
    Last Structure Change Effective Date: July 07, 2011
    Last Structure Change Process Date: July 14, 2011
    Last Data Update: July 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 451 Sudderth Drive, Ruidoso, NM 88345
    County: Lincoln
    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
    Core Based Statistical Area (CBSA): Ruidoso, NM (#40760)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $52.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $58,281Total assets
  • $11,628Cash and due from depository institutions
  • $10,169Interest-bearing balances
  • $16,380Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $27,874Net loans & leases
  • $480Loan loss allowance
  • $0Trading account assets
  • $1,572Bank premises and fixed assets
  • $18Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $809All other assets
  • $58,281Total liabilities and capital
  • $52,082Total liabilities
  • $49,320Total deposits
  • $38,061Interest-bearing deposits
  • $49,320Deposits held in domestic offices
  • 79.35%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,572Other borrowed funds
  • $0Subordinated debt
  • $190All other liabilities
  • $6,199Total equity capital
  • $6,199Total bank equity capital
  • $6,199Perpetual preferred stock
  • $0Common stock
  • $700Surplus
  • $700Undivided profits
  • Memoranda
  • $4,799Noncurrent loans and leases
  • $2,918Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $716Earning assets
  • $0Long-term assets (5+ years)
  • $106Average Assets, year-to-date
  • $54,423Average Assets, quarterly
  • $16,318Volatile liabilities
  • $54,473Insider loans
  • $56,189FHLB advances
  • $10,664Loans and leases held for sale
  • $0Unused loan commitments
  • $2,572Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,918Total unused commitments
  • $0Restructured Loans and leases
  • $434Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $2,661Total interest income
  • $332Total interest expense
  • $2,329Net interest income
  • $205Provision for loan and lease losses
  • $472Total noninterest income
  • $0Fiduciary activities
  • $309Service charges on deposit accounts
  • $0Trading account gains & fees
  • $163Additional noninterest income
  • $2,103Total noninterest expense
  • $910Salaries and employee benefits
  • $233Premises and equipment expense
  • $960Additional noninterest expense
  • $493Pre-tax net operating income
  • $26Securities gains (losses)
  • $0Applicable income taxes
  • $519Income before extraordinary items
  • $0Extraordinary gains - net
  • $519Net income attributable to bank
  • $0Net charge-offs
  • $519Cash dividends
  • $103Sale, conversion, retirement of capital stock, net
  • $408Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.29%Yield on earning assets
  • 0.66%Cost of funding earning assets
  • 4.63%Net interest margin
  • 0.94%Noninterest income to earning assets
  • 4.18%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 8.12%Return on equity (ROE)
  • 1.74%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 199.03%Credit loss provision to net charge-offs
  • 6.78%Efficiency ratio
  • 75,080Assets per employee
  • 3.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 78.61%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 67.04%Noncurrent assets plus other real estate owned to assets
  • 1.26%Noncurrent loans to loans
  • 2.53%Net loans and leases to deposits
  • 56.52%Net loans and leases to core deposits
  • 69.85%Equity capital to assets
  • 10.64%Core capital (leverage) ratio
  • 11.03%Tier 1 risk-based capital ratio
  • 18.21%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $54,473Average earning assets
  • $6,395Average equity
  • $50,259Average loans

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