Mohave State Bank in Lake Havasu City, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Mohave State Bank in Lake Havasu City, Arizona (AZ)
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Mohave State Bank - Overview

  • General
  • FDIC Certificate #: 33508
    Status: Active
    Federal Reserve ID: 1897270
    Bank Holding Company (Regulatory Top Holder): State Bank Corp. (RSSDID: 3198935, Location: Lake Havasu City, AZ)
    Date Established: October 15, 1991
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 47256
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 15, 1991
    Last Structure Change Effective Date: July 22, 2010
    Last Structure Change Process Date: July 22, 2010
    Last Data Update: July 22, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1771 Mcculloch Boulevard, Lake Havasu City, AZ 86405
    County: Mohave
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120)
    Core Based Statistical Area (CBSA): Lake Havasu City-Kingman, AZ (#29420)
    CBSA Metro Statistical Area: Lake Havasu City-Kingman, AZ (#29420)
  • Financial Summary
  • Total assets: $282.8 mil
    Equity capital: $28.0 mil
    Deposits held in domestic offices: $243.7 mil
    Return on assets (ROA): 0.22% ($0.6 mil)
    Quarterly return on assets: 0.22% ($0.6 mil)
    Return on Equity (ROE): 2.46% ($0.7 mil)
    Quarterly return on equity: 2.27% ($0.6 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.22% ($622.2 mil)
    Quarterly Pretax return on assets: 0.22% ($622.2 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
  • 78Total employees (full-time equivalent)
  • $282,833Total assets
  • $16,359Cash and due from depository institutions
  • $10,970Interest-bearing balances
  • $30,456Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $197,223Net loans & leases
  • $5,172Loan loss allowance
  • $0Trading account assets
  • $10,507Bank premises and fixed assets
  • $18,362Other real estate owned
  • $32Goodwill and other intangibles
  • $282,832Life insurance assets
  • $9,894All other assets
  • $254,846Total liabilities and capital
  • $243,745Total liabilities
  • $195,343Total deposits
  • $243,745Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 8522.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $579Subordinated debt
  • $27,986All other liabilities
  • $27,986Total equity capital
  • $27,986Total bank equity capital
  • $0Perpetual preferred stock
  • $25,255Common stock
  • $0Surplus
  • $2,731Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,409Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,283Income earned, not collected on loans
  • $40Earning assets
  • $610Long-term assets (5+ years)
  • $238,649Average Assets, year-to-date
  • $26,510Average Assets, quarterly
  • $297,179Volatile liabilities
  • $286,401Insider loans
  • $238,140FHLB advances
  • $290,781Loans and leases held for sale
  • $5,388Unused loan commitments
  • $2,996Tier 1 (core) risk-based capital
  • $27,315Tier 2 risk-based capital
  • $1,028Total risk weighted assets
  • $1,364Total unused commitments
  • $13,324Restructured Loans and leases
  • $2,906Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,002Total interest income
  • $1,694Total interest expense
  • $11,308Net interest income
  • $696Provision for loan and lease losses
  • -$756Total noninterest income
  • $0Fiduciary activities
  • $498Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,254Additional noninterest income
  • $9,192Total noninterest expense
  • $4,585Salaries and employee benefits
  • $493Premises and equipment expense
  • $4,114Additional noninterest expense
  • $664Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $664Income before extraordinary items
  • $0Extraordinary gains - net
  • $664Net income attributable to bank
  • $0Net charge-offs
  • $664Cash dividends
  • $3,795Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.13%Yield on earning assets
  • 0.67%Cost of funding earning assets
  • 4.46%Net interest margin
  • -0.30%Noninterest income to earning assets
  • 3.63%Noninterest expense to earning assets
  • 0.22%Net operating income to assets
  • 0.22%Return on assets (ROA)
  • 0.22%Pretax return on assets
  • 2.46%Return on equity (ROE)
  • 2.46%Retained earnings to average equity (YTD only)
  • 1.82%Net charge-offs to loans
  • 18.34%Credit loss provision to net charge-offs
  • 0.36%Efficiency ratio
  • 87,111Assets per employee
  • 3.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.56%Loss allowance to noncurrent loans
  • 36.21%Noncurrent assets plus other real estate owned to assets
  • 11.54%Noncurrent loans to loans
  • 7.06%Net loans and leases to deposits
  • 80.91%Net loans and leases to core deposits
  • 83.31%Equity capital to assets
  • 9.89%Core capital (leverage) ratio
  • 9.39%Tier 1 risk-based capital ratio
  • 11.47%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $297,179Average earning assets
  • $27,045Average equity
  • $253,442Average loans

List of branches

  • 6 Arizona Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    047256Mohave State Bank1771 Mcculloch Boulevard, Lake Havasu City, AZ 86405October 15, 1991Full Service Brick and Mortar
    2289689Stockton Hill Road Branch3737 Stockton Hill Road, Kingman, AZ 86401November 01, 1994Full Service Brick and Mortar
    3289690Bullhead City Branch3651 Highway 95, Bullhead City, AZ 86442Febuary 22, 1999Full Service Brick and Mortar
    4419306Lake Havasu Avenue Branch1021 North Lake Havasu Avenue, Lake Havasu City, AZ 86403March 17, 2003Full Service Brick and Mortar
    5467596Yuma Branch1800 S 4th Ave, Yuma, AZ 85364September 04, 2007Full Service Brick and Mortar
    7479878Kingman Haulapai Office Branch2202 Haulapai Mountain Road, Kingman, AZ 86401December 10, 2007Full Service Brick and Mortar

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