Mesa Bank in Mesa, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 14, 2009

  • Mesa Bank in Mesa, Arizona (AZ)
  • Show street view No street view available for this location

Mesa Bank - Overview

  • General
  • FDIC Certificate #: 34911
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SUNRISE BANK OF ARIZONA (#34707)
    Federal Reserve ID: 2716622
    Date Established: October 20, 1998
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 61974
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 20, 1998
    Last Structure Change Effective Date: December 14, 2009
    Last Structure Change Process Date: January 07, 2010
    Last Data Update: January 07, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 63 East Main Street, Mesa, AZ 85201
    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: $206.4 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, 2008)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $248,262Total assets
  • $57,805Cash and due from depository institutions
  • $50,304Interest-bearing balances
  • $1,831Securities
  • $100Federal funds sold & reverse repurchase agreements
  • $145,095Net loans & leases
  • $3,250Loan loss allowance
  • $0Trading account assets
  • $384Bank premises and fixed assets
  • $30,875Other real estate owned
  • $1,552Goodwill and other intangibles
  • $281Life insurance assets
  • $10,620All other assets
  • $248,262Total liabilities and capital
  • $230,979Total liabilities
  • $210,010Total deposits
  • $185,232Interest-bearing deposits
  • $210,010Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $20,250Other borrowed funds
  • $0Subordinated debt
  • $719All other liabilities
  • $17,283Total equity capital
  • $17,283Total bank equity capital
  • $17,283Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $21,047Undivided profits
  • Memoranda
  • $-5,264Noncurrent loans and leases
  • $11,376Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $20,822Earning assets
  • $0Long-term assets (5+ years)
  • $719Average Assets, year-to-date
  • $197,330Average Assets, quarterly
  • $10,043Volatile liabilities
  • $225,953Insider loans
  • $236,913FHLB advances
  • $61,651Loans and leases held for sale
  • $4,665Unused loan commitments
  • $20,250Tier 1 (core) risk-based capital
  • $5,743Tier 2 risk-based capital
  • $492Total risk weighted assets
  • $11,376Total unused commitments
  • $10,863Restructured Loans and leases
  • $2,266Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $13,149Total interest income
  • $6,525Total interest expense
  • $6,624Net interest income
  • $17,096Provision for loan and lease losses
  • $785Total noninterest income
  • $0Fiduciary activities
  • $228Service charges on deposit accounts
  • $0Trading account gains & fees
  • $557Additional noninterest income
  • $6,401Total noninterest expense
  • $2,742Salaries and employee benefits
  • $554Premises and equipment expense
  • $3,105Additional noninterest expense
  • -$16,088Pre-tax net operating income
  • $0Securities gains (losses)
  • -$6,207Applicable income taxes
  • -$9,881Income before extraordinary items
  • $0Extraordinary gains - net
  • -$9,881Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $15,606Sale, conversion, retirement of capital stock, net
  • $650Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.79%Yield on earning assets
  • 3.37%Cost of funding earning assets
  • 3.42%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 3.30%Noninterest expense to earning assets
  • -4.37%Net operating income to assets
  • -4.37%Return on assets (ROA)
  • -7.12%Pretax return on assets
  • -56.40%Return on equity (ROE)
  • -60.11%Retained earnings to average equity (YTD only)
  • 8.86%Net charge-offs to loans
  • 109.55%Credit loss provision to net charge-offs
  • 0.06%Efficiency ratio
  • 86,395Assets per employee
  • 6.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -6.58%Loss allowance to loans
  • 2.19%Loss allowance to noncurrent loans
  • 15.61%Noncurrent assets plus other real estate owned to assets
  • 20.82%Noncurrent loans to loans
  • 14.04%Net loans and leases to deposits
  • 69.09%Net loans and leases to core deposits
  • 88.15%Equity capital to assets
  • 6.96%Core capital (leverage) ratio
  • 6.74%Tier 1 risk-based capital ratio
  • 8.85%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $225,953Average earning assets
  • $17,520Average equity
  • $193,779Average loans

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