The First National Bank of Belen in Belen, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 10, 1995

  • The First National Bank of Belen in Belen, New Mexico (NM)
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The First National Bank of Belen - Overview

  • General
  • FDIC Certificate #: 2235
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank New Mexico, National Association (#2252)
    Federal Reserve ID: 435853
    Date Established: January 28, 1903
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 1486
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 10, 1995
    Last Structure Change Process Date: March 22, 1995
    Last Data Update: March 22, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 South Main Street, 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: $216.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $115Total assets
  • $216,808Cash and due from depository institutions
  • $7,623Interest-bearing balances
  • $0Securities
  • $84,170Federal funds sold & reverse repurchase agreements
  • $45,000Net loans & leases
  • $71,145Loan loss allowance
  • $3,317Trading account assets
  • $0Bank premises and fixed assets
  • $1,619Other real estate owned
  • $489Goodwill and other intangibles
  • $6,762Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $216,808Total liabilities
  • $202,432Total deposits
  • $199,362Interest-bearing deposits
  • $168,685Deposits held in domestic offices
  • 199362.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $360Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,710Total equity capital
  • $2,710Total bank equity capital
  • $14,376Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $3,000Undivided profits
  • Memoranda
  • $10,376Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,266Income earned, not collected on loans
  • $523Earning assets
  • $200,315Long-term assets (5+ years)
  • $47,516Average Assets, year-to-date
  • $215,537Average Assets, quarterly
  • $217,346Volatile liabilities
  • $11,227Insider loans
  • $732FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,077Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $14,239Total risk weighted assets
  • $95,962Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $15,243Total interest expense
  • $5,476Net interest income
  • $9,767Provision for loan and lease losses
  • $0Total noninterest income
  • $2,076Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,426Trading account gains & fees
  • $0Additional noninterest income
  • $650Total noninterest expense
  • $13,869Salaries and employee benefits
  • $3,629Premises and equipment expense
  • $1,606Additional noninterest expense
  • $8,634Pre-tax net operating income
  • -$2,026Securities gains (losses)
  • -$2,858Applicable income taxes
  • -$1,948Income before extraordinary items
  • -$2,936Extraordinary gains - net
  • $0Net income attributable to bank
  • -$2,936Net charge-offs
  • -$1,169Cash dividends
  • $1,050Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.66%Cost of funding earning assets
  • 2.75%Net interest margin
  • 4.91%Noninterest income to earning assets
  • 1.04%Noninterest expense to earning assets
  • 6.97%Net operating income to assets
  • -0.51%Return on assets (ROA)
  • -1.36%Pretax return on assets
  • -2.27%Return on equity (ROE)
  • -16.32%Retained earnings to average equity (YTD only)
  • -22.16%Net charge-offs to loans
  • -1.48%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 117,107Assets per employee
  • 1.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -35.76%Loss allowance to loans
  • 4.45%Loss allowance to noncurrent loans
  • 262.01%Noncurrent assets plus other real estate owned to assets
  • 0.81%Noncurrent loans to loans
  • 1.70%Net loans and leases to deposits
  • 35.69%Net loans and leases to core deposits
  • 37.74%Equity capital to assets
  • 6.63%Core capital (leverage) ratio
  • 6.46%Tier 1 risk-based capital ratio
  • 14.84%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $215,537Average earning assets
  • $17,987Average equity
  • $199,024Average loans

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