FDIC Certificate #: 18386 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Community Bank (#12261) Federal Reserve ID: 683252 Date Established: June 07, 1961 WWW:http://www.ranchersbanks.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 9 (Interstate: No) OTS Docket #: 11477 FDIC's unique #: 12294 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: June 07, 1961 Last Structure Change Effective Date: January 11, 2006 Last Structure Change Process Date: April 05, 2006 Last Data Update: April 05, 2006 Data Source Date: April 05, 2012
Location
Address: 620 West Reinken Avenue, Belen, NM 87002 County: Valencia 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): Albuquerque, NM (#200) Core Based Statistical Area (CBSA): Albuquerque, NM (#10740) CBSA Metro Statistical Area: Albuquerque, NM (#10740)
Financial Summary
Total assets: $107.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
74Total employees (full-time equivalent)
$107,096Total assets
$8,763Cash and due from depository institutions
$6,624Interest-bearing balances
$57,521Securities
$249Federal funds sold & reverse repurchase agreements
$34,326Net loans & leases
$478Loan loss allowance
$0Trading account assets
$2,844Bank premises and fixed assets
$80Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,313All other assets
$107,096Total liabilities and capital
$92,484Total liabilities
$90,513Total deposits
$67,363Interest-bearing deposits
$90,513Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,971All other liabilities
$14,612Total equity capital
$14,612Total bank equity capital
$14,612Perpetual preferred stock
$0Common stock
$600Surplus
$6,000Undivided profits
Memoranda
$8,012Noncurrent loans and leases
$1,873Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$71Earning assets
$0Long-term assets (5+ years)
$483Average Assets, year-to-date
$98,720Average Assets, quarterly
$38,620Volatile liabilities
$113,543Insider loans
$109,182FHLB advances
$6,899Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,873Total unused commitments
$0Restructured Loans and leases
$492Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$6,424Total interest income
$1,086Total interest expense
$5,338Net interest income
-$2,136Provision for loan and lease losses
$1,171Total noninterest income
$0Fiduciary activities
$613Service charges on deposit accounts
$0Trading account gains & fees
$558Additional noninterest income
$4,973Total noninterest expense
$2,618Salaries and employee benefits
$819Premises and equipment expense
$1,536Additional noninterest expense
$3,672Pre-tax net operating income
$20Securities gains (losses)
$1,324Applicable income taxes
$2,368Income before extraordinary items
$0Extraordinary gains - net
$2,368Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$699Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.23%Yield on earning assets
1.05%Cost of funding earning assets
5.18%Net interest margin
1.14%Noninterest income to earning assets
4.83%Noninterest expense to earning assets
2.07%Net operating income to assets
2.09%Return on assets (ROA)
3.25%Pretax return on assets
16.45%Return on equity (ROE)
16.45%Retained earnings to average equity (YTD only)
-1.81%Net charge-offs to loans
305.58%Credit loss provision to net charge-offs
0.00%Efficiency ratio
76,402Assets per employee
1.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.37%Loss allowance to noncurrent loans
673.24%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.20%Net loans and leases to deposits
37.92%Net loans and leases to core deposits
41.05%Equity capital to assets
13.64%Core capital (leverage) ratio
13.97%Tier 1 risk-based capital ratio
29.01%Total risk-based capital ratio
Memoranda
$30Average assets
$113,543Average earning assets
$14,399Average equity
$103,063Average loans
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