Founders Bank of Arizona in Scottsdale, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 18, 2000

Founders Bank of Arizona in Scottsdale, Arizona (AZ)
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Founders Bank of Arizona - Overview

General
FDIC Certificate #: 26739
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Compass Bank (#19048)
Federal Reserve ID: 19860
Date Established: August 04, 1986
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Interstate: No)
FDIC's unique #: 35854
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: August 04, 1986
Last Structure Change Effective Date: July 18, 2000
Last Structure Change Process Date: October 17, 2000
Last Data Update: October 17, 2000
Data Source Date: April 05, 2012
Location
Address: 7335 East Doubletree Ranch Road, Scottsdale, AZ 85258
County: Maricopa
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: Chicago
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: $396.8 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
156Total employees (full-time equivalent)
$354,502Total assets
$20,236Cash and due from depository institutions
$0Interest-bearing balances
$101,143Securities
$0Federal funds sold & reverse repurchase agreements
$213,879Net loans & leases
$3,244Loan loss allowance
$0Trading account assets
$12,486Bank premises and fixed assets
$0Other real estate owned
$289Goodwill and other intangibles
$0Life insurance assets
$6,469All other assets
$354,502Total liabilities and capital
$335,345Total liabilities
$297,714Total deposits
$225,953Interest-bearing deposits
$297,714Deposits held in domestic offices
0.00%% insured (estimated)
$36,664Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$967All other liabilities
$19,157Total equity capital
$19,157Total bank equity capital
$19,157Perpetual preferred stock
$0Common stock
$3,075Surplus
$10,301Undivided profits
Memoranda
$5,781Noncurrent loans and leases
$61,071Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$147Earning assets
$0Long-term assets (5+ years)
$864Average Assets, year-to-date
$315,022Average Assets, quarterly
$41,600Volatile liabilities
$331,107Insider loans
$344,279FHLB advances
$50,059Loans and leases held for sale
$1,297Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$61,071Total unused commitments
$0Restructured Loans and leases
$2,989Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$23,611Total interest income
$7,867Total interest expense
$15,744Net interest income
$763Provision for loan and lease losses
$5,361Total noninterest income
$525Fiduciary activities
$607Service charges on deposit accounts
$0Trading account gains & fees
$4,229Additional noninterest income
$13,980Total noninterest expense
$8,782Salaries and employee benefits
$1,649Premises and equipment expense
$3,549Additional noninterest expense
$6,362Pre-tax net operating income
-$34Securities gains (losses)
$1,977Applicable income taxes
$4,351Income before extraordinary items
$0Extraordinary gains - net
$4,351Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$17Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.04%Yield on earning assets
2.68%Cost of funding earning assets
5.36%Net interest margin
1.83%Noninterest income to earning assets
4.76%Noninterest expense to earning assets
1.32%Net operating income to assets
1.31%Return on assets (ROA)
1.91%Pretax return on assets
23.67%Return on equity (ROE)
23.67%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-4488.24%Credit loss provision to net charge-offs
0.00%Efficiency ratio
66,117Assets per employee
2.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
2206.80%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.07%Net loans and leases to deposits
71.84%Net loans and leases to core deposits
75.23%Equity capital to assets
5.40%Core capital (leverage) ratio
6.17%Tier 1 risk-based capital ratio
8.90%Total risk-based capital ratio
Memoranda
$10Average assets
$331,107Average earning assets
$18,384Average equity
$293,639Average loans

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