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 routing number info

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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