Mountain Community Bank in Los Alamos, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 12, 1999

  • Mountain Community Bank in Los Alamos, New Mexico (NM)
  • Show street view No street view available for this location

Mountain Community Bank - Overview

  • General
  • FDIC Certificate #: 22591
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Bank (#21000)
    Federal Reserve ID: 208253
    Date Established: January 16, 1978
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 10199
    FDIC's unique #: 15757
    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: January 16, 1978
    Last Structure Change Effective Date: March 12, 1999
    Last Structure Change Process Date: March 18, 1999
    Last Data Update: March 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1475 Central Avenue, Los Alamos, NM 87544
    County: Los Alamos
    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
    Metropolitan Statistical Area (MSA): Santa Fe, NM (#7490)
    Core Based Statistical Area (CBSA): Los Alamos, NM (#31060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $86.5 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, 1998)

  • Dollar figures in thousands
  • 43Total employees (full-time equivalent)
  • $86,482Total assets
  • $5,836Cash and due from depository institutions
  • $3,336Interest-bearing balances
  • $3,361Securities
  • $15,695Federal funds sold & reverse repurchase agreements
  • $57,125Net loans & leases
  • $779Loan loss allowance
  • $0Trading account assets
  • $3,470Bank premises and fixed assets
  • $111Other real estate owned
  • $36Goodwill and other intangibles
  • $0Life insurance assets
  • $848All other assets
  • $86,482Total liabilities and capital
  • $80,543Total liabilities
  • $78,002Total deposits
  • $73,906Interest-bearing deposits
  • $78,002Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,277Other borrowed funds
  • $0Subordinated debt
  • $264All other liabilities
  • $5,939Total equity capital
  • $5,939Total bank equity capital
  • $5,939Perpetual preferred stock
  • $0Common stock
  • $575Surplus
  • $1,500Undivided profits
  • Memoranda
  • $3,864Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $142Earning assets
  • $0Long-term assets (5+ years)
  • $353Average Assets, year-to-date
  • $79,517Average Assets, quarterly
  • $11,820Volatile liabilities
  • $84,018Insider loans
  • $88,294FHLB advances
  • $8,255Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,909Total risk weighted assets
  • $6,962Total unused commitments
  • $0Restructured Loans and leases
  • $60,983Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $9,231Total interest income
  • $3,989Total interest expense
  • $5,242Net interest income
  • $852Provision for loan and lease losses
  • $340Total noninterest income
  • $0Fiduciary activities
  • $93Service charges on deposit accounts
  • $0Trading account gains & fees
  • $247Additional noninterest income
  • $4,141Total noninterest expense
  • $1,969Salaries and employee benefits
  • $615Premises and equipment expense
  • $1,557Additional noninterest expense
  • $589Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $589Income before extraordinary items
  • $0Extraordinary gains - net
  • $589Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $769Sale, conversion, retirement of capital stock, net
  • $230Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 12.11%Yield on earning assets
  • 5.23%Cost of funding earning assets
  • 6.87%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 5.43%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 9.99%Return on equity (ROE)
  • 6.09%Retained earnings to average equity (YTD only)
  • 1.30%Net charge-offs to loans
  • 110.65%Credit loss provision to net charge-offs
  • 1.87%Efficiency ratio
  • 74,131Assets per employee
  • 2.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.05%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 548.59%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.25%Net loans and leases to deposits
  • 73.24%Net loans and leases to core deposits
  • 81.90%Equity capital to assets
  • 6.87%Core capital (leverage) ratio
  • 6.55%Tier 1 risk-based capital ratio
  • 9.76%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $84,018Average earning assets
  • $5,897Average equity
  • $76,255Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Mountain Community Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents