Meridian Bank, National Association in Wickenburg, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Meridian Bank, National Association in Wickenburg, Arizona (AZ)
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Meridian Bank, National Association - Overview

  • General
  • FDIC Certificate #: 22644
    Status: Active
    Federal Reserve ID: 978369
    Bank Holding Company (Regulatory Top Holder): Marquette Financial Companies (RSSDID: 1123193, Location: Minneapolis, MN)
    Date Established: May 01, 1978
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 15799
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 01, 1978
    Last Structure Change Effective Date: April 29, 2011
    Last Structure Change Process Date: April 29, 2011
    Last Data Update: April 29, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 2001 West Wickenburg Way, Wickenburg, AZ 85390
    County: Maricopa
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Kansas City
    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)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $971.9 mil
    Equity capital: $188.8 mil
    Deposits held in domestic offices: $709.7 mil
    Return on assets (ROA): 1.63% ($15.8 mil)
    Quarterly return on assets: 2.05% ($19.9 mil)
    Return on Equity (ROE): 10.10% ($19.1 mil)
    Quarterly return on equity: 11.05% ($20.9 mil)
    Net income: $18.2 mil
    Quarterly Net income: $5.2 mil
    Pretax return on assets: 1.63% ($15,841.4 mil)
    Quarterly Pretax return on assets: 2.06% ($20,020.4 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, 2011)

  • Dollar figures in thousands
  • 193Total employees (full-time equivalent)
  • $971,866Total assets
  • $43,706Cash and due from depository institutions
  • $24,906Interest-bearing balances
  • $263,585Securities
  • $3,833Federal funds sold & reverse repurchase agreements
  • $439,834Net loans & leases
  • $21,442Loan loss allowance
  • $0Trading account assets
  • $6,465Bank premises and fixed assets
  • $2,829Other real estate owned
  • $0Goodwill and other intangibles
  • $971,866Life insurance assets
  • $211,614All other assets
  • $783,087Total liabilities and capital
  • $709,717Total liabilities
  • $650,135Total deposits
  • $709,717Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $40,000Trading liabilities
  • $0Other borrowed funds
  • $33,370Subordinated debt
  • $188,779All other liabilities
  • $188,779Total equity capital
  • $188,779Total bank equity capital
  • $0Perpetual preferred stock
  • $1,015Common stock
  • $343,000Surplus
  • $-155,236Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22,725Income earned, not collected on loans
  • $0Earning assets
  • $3,871Long-term assets (5+ years)
  • $732,158Average Assets, year-to-date
  • $151,121Average Assets, quarterly
  • $1,117,626Volatile liabilities
  • $1,007,611Insider loans
  • $798,711FHLB advances
  • $1,008,536Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $186,701Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $114,275Restructured Loans and leases
  • $12,680Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $60,793Total interest income
  • $12,442Total interest expense
  • $48,351Net interest income
  • -$1,478Provision for loan and lease losses
  • $3,099Total noninterest income
  • $9Fiduciary activities
  • $490Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,600Additional noninterest income
  • $45,128Total noninterest expense
  • $23,961Salaries and employee benefits
  • $3,217Premises and equipment expense
  • $17,950Additional noninterest expense
  • $7,800Pre-tax net operating income
  • $454Securities gains (losses)
  • $0Applicable income taxes
  • $8,254Income before extraordinary items
  • $9,912Extraordinary gains - net
  • $18,166Net income attributable to bank
  • $0Net charge-offs
  • $18,166Cash dividends
  • $10,597Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.01%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 4.78%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 4.46%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 1.63%Return on assets (ROA)
  • 1.63%Pretax return on assets
  • 10.10%Return on equity (ROE)
  • 10.10%Retained earnings to average equity (YTD only)
  • 1.55%Net charge-offs to loans
  • -13.95%Credit loss provision to net charge-offs
  • 0.60%Efficiency ratio
  • 87,712Assets per employee
  • 5.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.65%Loss allowance to noncurrent loans
  • 94.35%Noncurrent assets plus other real estate owned to assets
  • 3.20%Noncurrent loans to loans
  • 4.93%Net loans and leases to deposits
  • 61.97%Net loans and leases to core deposits
  • 80.83%Equity capital to assets
  • 19.42%Core capital (leverage) ratio
  • 18.51%Tier 1 risk-based capital ratio
  • 23.38%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $1,117,626Average earning assets
  • $179,843Average equity
  • $1,010,744Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $6,069Managed Assets
  • 1Number of Accounts
  • $6,069Personal trust and agency accounts
  • $6,069Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 11Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Arizona Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015799Meridian Bank, National Association2001 West Wickenburg Way, Wickenburg, AZ 85390May 01, 1978Full Service Brick and Mortar
    1255051Fountain Hills Branch13404 North La Montana Drive, Fountain Hills, AZ 85268Febuary 17, 1981Full Service Brick and Mortar
    416712Arrowhead Branch7655 West Thunderbird Road, Peoria, AZ 85381August 02, 1982Full Service Brick and Mortar
    6358884Gilbert Branch845 North Gilbert Road, Gilbert, AZ 85234November 04, 2000Full Service Brick and Mortar
    856289Central Avenue Banking Center Branch2700 North Central Avenue, Suite 110, Phoenix, AZ 85012March 11, 1996Full Service Brick and Mortar
    10425747Scottsdale Promenade Branch16435 N Scottsdale Rd, Scottsdale, AZ 85254Febuary 04, 2004Full Service Brick and Mortar
    11476627Gateway Branch1675 North 95th Lane, Phoenix, AZ 85040Febuary 01, 2008Full Service Brick and Mortar

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