Gallup Federal Savings Bank in Gallup, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2005

  • Gallup Federal Savings Bank in Gallup, New Mexico (NM)
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Gallup Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29126
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Federal Bank (#29702)
    Federal Reserve ID: 631972
    Date Established: September 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2952
    FDIC's unique #: 41960
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: December 03, 1934
    Last Structure Change Effective Date: June 01, 2005
    Last Structure Change Process Date: June 13, 2005
    Last Data Update: June 13, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 221 West Aztec Avenue, Gallup, NM 87305
    County: Mckinley
    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): Gallup, NM (#23700)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $208.0 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, 2004)

  • Dollar figures in thousands
  • 46Total employees (full-time equivalent)
  • $217,068Total assets
  • $6,640Cash and due from depository institutions
  • $363Interest-bearing balances
  • $54,754Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $148,447Net loans & leases
  • $1,675Loan loss allowance
  • $0Trading account assets
  • $1,987Bank premises and fixed assets
  • $278Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,962All other assets
  • $217,068Total liabilities and capital
  • $198,236Total liabilities
  • $132,084Total deposits
  • $115,974Interest-bearing deposits
  • $132,084Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,672Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $60,755Other borrowed funds
  • $0Subordinated debt
  • $725All other liabilities
  • $18,832Total equity capital
  • $18,832Total bank equity capital
  • $18,832Perpetual preferred stock
  • $0Common stock
  • $10Surplus
  • $5,415Undivided profits
  • Memoranda
  • $13,407Noncurrent loans and leases
  • $12,989Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $922Earning assets
  • $0Long-term assets (5+ years)
  • $807Average Assets, year-to-date
  • $203,564Average Assets, quarterly
  • $0Volatile liabilities
  • $230,789Insider loans
  • $222,423FHLB advances
  • $123,837Loans and leases held for sale
  • $2,209Unused loan commitments
  • $60,468Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,989Total unused commitments
  • $544Restructured Loans and leases
  • $2,099Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $11,922Total interest income
  • $5,045Total interest expense
  • $6,877Net interest income
  • $899Provision for loan and lease losses
  • $930Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $930Additional noninterest income
  • $4,280Total noninterest expense
  • $2,236Salaries and employee benefits
  • $906Premises and equipment expense
  • $1,138Additional noninterest expense
  • $2,628Pre-tax net operating income
  • $68Securities gains (losses)
  • $703Applicable income taxes
  • $1,993Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,993Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $731Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.53%Yield on earning assets
  • 2.34%Cost of funding earning assets
  • 3.19%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 1.98%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 11.29%Return on equity (ROE)
  • 11.29%Retained earnings to average equity (YTD only)
  • 0.47%Net charge-offs to loans
  • 122.98%Credit loss provision to net charge-offs
  • 4.82%Efficiency ratio
  • 54,823Assets per employee
  • 4.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 181.67%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 112.39%Net loans and leases to core deposits
  • 201.49%Equity capital to assets
  • 8.68%Core capital (leverage) ratio
  • 8.25%Tier 1 risk-based capital ratio
  • 13.68%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $230,789Average earning assets
  • $17,658Average equity
  • $215,634Average loans

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