First Western National Bank in Moab, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 05, 1995

  • First Western National Bank in Moab, Utah (UT)
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First Western National Bank - Overview

  • General
  • FDIC Certificate #: 18481
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Zions First National Bank (#2270)
    Federal Reserve ID: 748179
    Date Established: Febuary 05, 1962
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 9616
    FDIC's unique #: 12376
    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: Febuary 05, 1962
    Last Structure Change Effective Date: June 05, 1995
    Last Structure Change Process Date: June 27, 1995
    Last Data Update: June 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: Main And Third South Streets, Moab, UT 84532
    County: Grand
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Salt Lake City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $36.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $25Total assets
  • $37,134Cash and due from depository institutions
  • $1,460Interest-bearing balances
  • $20Securities
  • $10,538Federal funds sold & reverse repurchase agreements
  • $3,745Net loans & leases
  • $19,941Loan loss allowance
  • $433Trading account assets
  • $0Bank premises and fixed assets
  • $275Other real estate owned
  • $3Goodwill and other intangibles
  • $1,172Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $37,134Total liabilities
  • $32,445Total deposits
  • $30,825Interest-bearing deposits
  • $24,890Deposits held in domestic offices
  • 30825.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,370Subordinated debt
  • $0All other liabilities
  • $250Total equity capital
  • $250Total bank equity capital
  • $4,689Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $600Undivided profits
  • Memoranda
  • $3,489Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $486Income earned, not collected on loans
  • $192Earning assets
  • $34,244Long-term assets (5+ years)
  • $8,838Average Assets, year-to-date
  • $37,828Average Assets, quarterly
  • $37,567Volatile liabilities
  • $1,427Insider loans
  • $562FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,018Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,725Total risk weighted assets
  • $21,131Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,785Total interest expense
  • $827Net interest income
  • $2,958Provision for loan and lease losses
  • $417Total noninterest income
  • $534Fiduciary activities
  • $0Service charges on deposit accounts
  • $349Trading account gains & fees
  • $0Additional noninterest income
  • $185Total noninterest expense
  • $1,722Salaries and employee benefits
  • $1,010Premises and equipment expense
  • $201Additional noninterest expense
  • $511Pre-tax net operating income
  • $1,353Securities gains (losses)
  • $0Applicable income taxes
  • $467Income before extraordinary items
  • $886Extraordinary gains - net
  • $0Net income attributable to bank
  • $886Net charge-offs
  • $517Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 10.73%Cost of funding earning assets
  • 2.35%Net interest margin
  • 8.39%Noninterest income to earning assets
  • 1.51%Noninterest expense to earning assets
  • 4.88%Net operating income to assets
  • 2.34%Return on assets (ROA)
  • 2.34%Pretax return on assets
  • 3.58%Return on equity (ROE)
  • 20.77%Retained earnings to average equity (YTD only)
  • 20.77%Net charge-offs to loans
  • 2.19%Credit loss provision to net charge-offs
  • 80.66%Efficiency ratio
  • 49,313Assets per employee
  • 1.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.13%Loss allowance to noncurrent loans
  • 89.09%Noncurrent assets plus other real estate owned to assets
  • 1.32%Noncurrent loans to loans
  • 2.39%Net loans and leases to deposits
  • 64.69%Net loans and leases to core deposits
  • 66.77%Equity capital to assets
  • 12.63%Core capital (leverage) ratio
  • 12.71%Tier 1 risk-based capital ratio
  • 22.36%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $37,828Average earning assets
  • $4,265Average equity
  • $35,266Average loans

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