SUNWEST Bank of Santa Fe in Santa Fe, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 15, 1997

  • SUNWEST Bank of Santa Fe in Santa Fe, New Mexico (NM)
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SUNWEST Bank of Santa Fe - Overview

  • General
  • FDIC Certificate #: 20687
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SUNWEST Bank of Albuquerque, National Association (#2234)
    Federal Reserve ID: 218458
    Date Established: May 08, 1972
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 14283
    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: May 08, 1972
    Last Structure Change Effective Date: August 15, 1997
    Last Structure Change Process Date: September 02, 1997
    Last Data Update: September 02, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1234 St. Michael's Drive, Santa Fe, NM 87501
    County: Santa Fe
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    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)
    Combined Statistical Area (CSA): Santa Fe-Espanola, NM (#492)
    Core Based Statistical Area (CBSA): Santa Fe, NM (#42140)
    CBSA Metro Statistical Area: Santa Fe, NM (#42140)
  • Financial Summary
  • Total assets: $331.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $178Total assets
  • $289,493Cash and due from depository institutions
  • $15,866Interest-bearing balances
  • $0Securities
  • $128,590Federal funds sold & reverse repurchase agreements
  • $21,495Net loans & leases
  • $113,197Loan loss allowance
  • $3,624Trading account assets
  • $0Bank premises and fixed assets
  • $7,323Other real estate owned
  • $30Goodwill and other intangibles
  • $2,992Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $289,493Total liabilities
  • $266,227Total deposits
  • $249,411Interest-bearing deposits
  • $187,720Deposits held in domestic offices
  • 249411.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $15,346Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,470Total equity capital
  • $1,470Total bank equity capital
  • $23,266Perpetual preferred stock
  • $0Common stock
  • $7,000Surplus
  • $7,000Undivided profits
  • Memoranda
  • $9,266Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,305Income earned, not collected on loans
  • $672Earning assets
  • $263,282Long-term assets (5+ years)
  • $84,520Average Assets, year-to-date
  • $285,210Average Assets, quarterly
  • $288,682Volatile liabilities
  • $28,175Insider loans
  • $2,277FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $16,373Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $23,192Total risk weighted assets
  • $144,852Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $20,991Total interest expense
  • $7,307Net interest income
  • $13,684Provision for loan and lease losses
  • $960Total noninterest income
  • $3,990Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,925Trading account gains & fees
  • $0Additional noninterest income
  • $1,065Total noninterest expense
  • $10,384Salaries and employee benefits
  • $5,056Premises and equipment expense
  • $1,573Additional noninterest expense
  • $3,755Pre-tax net operating income
  • $6,330Securities gains (losses)
  • $0Applicable income taxes
  • $2,350Income before extraordinary items
  • $3,980Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,980Net charge-offs
  • -$42Cash dividends
  • $3,550Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.12%Cost of funding earning assets
  • 2.83%Net interest margin
  • 5.29%Noninterest income to earning assets
  • 1.54%Noninterest expense to earning assets
  • 4.02%Net operating income to assets
  • 1.40%Return on assets (ROA)
  • 1.40%Pretax return on assets
  • 2.22%Return on equity (ROE)
  • 17.36%Retained earnings to average equity (YTD only)
  • 1.88%Net charge-offs to loans
  • -0.03%Credit loss provision to net charge-offs
  • -2285.71%Efficiency ratio
  • 58,753Assets per employee
  • 1.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.20%Loss allowance to loans
  • 3.10%Loss allowance to noncurrent loans
  • 157.22%Noncurrent assets plus other real estate owned to assets
  • 0.81%Noncurrent loans to loans
  • 1.97%Net loans and leases to deposits
  • 45.39%Net loans and leases to core deposits
  • 47.85%Equity capital to assets
  • 8.04%Core capital (leverage) ratio
  • 8.06%Tier 1 risk-based capital ratio
  • 16.01%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $285,210Average earning assets
  • $22,928Average equity
  • $258,562Average loans

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