FDIC Certificate #: 35495 Status: Active Federal Reserve ID: 2908575 Bank Holding Company (Regulatory Top Holder): Nhb Holdings, Inc. (RSSDID: 3466456, Location: Salt Lake City, UT) Date Established: May 01, 2000 WWW:http://www.proficiobank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 80579 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: May 01, 2000 Last Structure Change Effective Date: August 07, 2008 Last Structure Change Process Date: August 07, 2008 Last Data Update: August 07, 2008 Data Source Date: April 05, 2012
Location
Address: 420 East South Temple, Salt Lake City, UT 84111 County: Salt Lake Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160) Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482) Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620) CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
Financial Summary
Total assets: $142.9 mil Equity capital: $12.0 mil Deposits held in domestic offices: $128.4 mil Return on assets (ROA): -4.66% (-$6.7 mil) Quarterly return on assets: -4.66% (-$6.7 mil) Return on Equity (ROE): -41.17% (-$4.9 mil) Quarterly return on equity: -49.93% (-$6.0 mil) Net income: -$6.6 mil Quarterly Net income: -$1.6 mil Pretax return on assets: -4.66% (-$6,661.3 mil) Quarterly Pretax return on assets: -4.66% (-$6,661.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
344Total employees (full-time equivalent)
$142,947Total assets
$13,260Cash and due from depository institutions
$12,007Interest-bearing balances
$16,495Securities
$0Federal funds sold & reverse repurchase agreements
$98,226Net loans & leases
$2,418Loan loss allowance
$0Trading account assets
$201Bank premises and fixed assets
$11,162Other real estate owned
$0Goodwill and other intangibles
$142,947Life insurance assets
$3,603All other assets
$130,949Total liabilities and capital
$128,383Total liabilities
$125,743Total deposits
$128,383Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$2,566Subordinated debt
$11,998All other liabilities
$11,998Total equity capital
$11,998Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$40,101Surplus
$-28,104Undivided profits
Memoranda
$0Noncurrent loans and leases
$30,117Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,938Income earned, not collected on loans
$1,055Earning assets
$334Long-term assets (5+ years)
$126,728Average Assets, year-to-date
$18,161Average Assets, quarterly
$141,883Volatile liabilities
$137,580Insider loans
$108,685FHLB advances
$140,049Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,741Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$32,882Restructured Loans and leases
$125Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,485Total interest income
$1,035Total interest expense
$4,450Net interest income
$3,033Provision for loan and lease losses
$9,752Total noninterest income
$0Fiduciary activities
$4Service charges on deposit accounts
$0Trading account gains & fees
$9,748Additional noninterest income
$17,860Total noninterest expense
$9,550Salaries and employee benefits
$1,039Premises and equipment expense
$7,271Additional noninterest expense
-$6,691Pre-tax net operating income
$77Securities gains (losses)
$0Applicable income taxes
-$6,614Income before extraordinary items
$0Extraordinary gains - net
-$6,614Net income attributable to bank
$0Net charge-offs
-$6,614Cash dividends
$3,211Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.29%Yield on earning assets
0.81%Cost of funding earning assets
3.48%Net interest margin
7.62%Noninterest income to earning assets
13.96%Noninterest expense to earning assets
-4.72%Net operating income to assets
-4.66%Return on assets (ROA)
-4.66%Pretax return on assets
-41.17%Return on equity (ROE)
-41.17%Retained earnings to average equity (YTD only)
3.02%Net charge-offs to loans
94.46%Credit loss provision to net charge-offs
-1.14%Efficiency ratio
125,757Assets per employee
0.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.40%Loss allowance to noncurrent loans
24.33%Noncurrent assets plus other real estate owned to assets
14.76%Noncurrent loans to loans
9.87%Net loans and leases to deposits
76.51%Net loans and leases to core deposits
103.59%Equity capital to assets
8.39%Core capital (leverage) ratio
8.38%Tier 1 risk-based capital ratio
10.80%Total risk-based capital ratio
Memoranda
$12Average assets
$141,883Average earning assets
$16,067Average equity
$127,937Average loans
Bank Assets Sold and Securitized (December 31, 2003)
Dollar figures in thousands
Principal balance with servicing or other recourse retained
$01-4 family residential loans
$0Home equity lines
$0Credit cards receivables
$0Auto loans
$0Other consumer loans
$520Commercial and industrial loans
List of branches
1 Utah Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
80579
Proficio Bank
420 East South Temple, Salt Lake City, UT 84111
May 01, 2000
Full Service Brick and Mortar
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