FDIC Certificate #: 58252 Status: Active Federal Reserve ID: 3450950 Date Established: June 26, 2006 WWW:http://www.sonoranbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 444594 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: June 26, 2006 Last Structure Change Effective Date: July 25, 2008 Last Structure Change Process Date: July 25, 2008 Last Data Update: July 25, 2008 Data Source Date: April 05, 2012
Location
Address: 3877 North 7th Street, Suite 150, Phoenix, AZ 85014 County: Maricopa 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): Phoenix-Mesa, AZ (#6200) Core Based Statistical Area (CBSA): Phoenix-Mesa-Glendale, AZ (#38060) CBSA Metro Statistical Area: Phoenix-Mesa-Glendale, AZ (#38060)
Financial Summary
Total assets: $31.4 mil Equity capital: $4.3 mil Deposits held in domestic offices: $25.5 mil Return on assets (ROA): -0.16% (-$0.0 mil) Quarterly return on assets: -0.33% (-$0.1 mil) Return on Equity (ROE): -1.25% (-$0.1 mil) Quarterly return on equity: -2.39% (-$0.1 mil) Net income: -$0.1 mil Quarterly Net income: -$0.0 mil Pretax return on assets: -0.29% (-$91.0 mil) Quarterly Pretax return on assets: -0.38% (-$119.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$31,396Total assets
$2,800Cash and due from depository institutions
$743Interest-bearing balances
$9,804Securities
$0Federal funds sold & reverse repurchase agreements
$17,203Net loans & leases
$647Loan loss allowance
$0Trading account assets
$98Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$31,396Life insurance assets
$1,491All other assets
$27,076Total liabilities and capital
$25,507Total liabilities
$21,524Total deposits
$25,507Interest-bearing deposits
$84Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,450Trading liabilities
$0Other borrowed funds
$119Subordinated debt
$4,320All other liabilities
$4,320Total equity capital
$4,320Total bank equity capital
$0Perpetual preferred stock
$4,646Common stock
$5,121Surplus
$-5,447Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$323Income earned, not collected on loans
$0Earning assets
$158Long-term assets (5+ years)
$27,750Average Assets, year-to-date
$844Average Assets, quarterly
$33,310Volatile liabilities
$31,510Insider loans
$21,626FHLB advances
$30,307Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,172Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$906Restructured Loans and leases
$528Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,497Total interest income
$233Total interest expense
$1,264Net interest income
$26Provision for loan and lease losses
$249Total noninterest income
$0Fiduciary activities
$174Service charges on deposit accounts
$0Trading account gains & fees
$75Additional noninterest income
$1,771Total noninterest expense
$792Salaries and employee benefits
$188Premises and equipment expense
$791Additional noninterest expense
-$284Pre-tax net operating income
$9Securities gains (losses)
-$41Applicable income taxes
-$234Income before extraordinary items
$180Extraordinary gains - net
-$54Net income attributable to bank
$0Net charge-offs
-$54Cash dividends
$46Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.08%Yield on earning assets
0.79%Cost of funding earning assets
4.29%Net interest margin
0.84%Noninterest income to earning assets
6.01%Noninterest expense to earning assets
-0.73%Net operating income to assets
-0.16%Return on assets (ROA)
-0.29%Pretax return on assets
-1.25%Return on equity (ROE)
-1.25%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
56.52%Credit loss provision to net charge-offs
-5.61%Efficiency ratio
117,052Assets per employee
4.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.62%Loss allowance to noncurrent loans
200.31%Noncurrent assets plus other real estate owned to assets
1.03%Noncurrent loans to loans
1.81%Net loans and leases to deposits
67.44%Net loans and leases to core deposits
68.11%Equity capital to assets
13.76%Core capital (leverage) ratio
10.47%Tier 1 risk-based capital ratio
14.67%Total risk-based capital ratio
Memoranda
$16Average assets
$33,310Average earning assets
$4,315Average equity
$29,475Average loans
List of branches
1 Arizona Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
444594
Sonoran Bank, N.A.
3877 North 7th Street, Suite 150, Phoenix, AZ 85014
June 26, 2006
Full Service Brick and Mortar
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