The Harris Bank National Association in Scottsdale, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 06, 2011

The Harris Bank National Association - Overview

  • General
  • FDIC Certificate #: 24960
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BMO Harris Bank National Association (#16571)
    Federal Reserve ID: 528568
    Date Established: Febuary 21, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    FDIC's unique #: 17292
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 21, 1984
    Last Structure Change Effective Date: July 06, 2011
    Last Structure Change Process Date: July 14, 2011
    Last Data Update: July 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 6720 North Scottsdale Road, Scottsdale, AZ 85253
    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: $647.5 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, 2010)

  • Dollar figures in thousands
  • 112Total employees (full-time equivalent)
  • $618,320Total assets
  • $11,031Cash and due from depository institutions
  • $1,364Interest-bearing balances
  • $14,313Securities
  • $63,000Federal funds sold & reverse repurchase agreements
  • $491,940Net loans & leases
  • $15,787Loan loss allowance
  • $0Trading account assets
  • $3,182Bank premises and fixed assets
  • $356Other real estate owned
  • $15,808Goodwill and other intangibles
  • $0Life insurance assets
  • $18,690All other assets
  • $618,320Total liabilities and capital
  • $547,797Total liabilities
  • $491,115Total deposits
  • $422,392Interest-bearing deposits
  • $491,115Deposits held in domestic offices
  • 45.35%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $50,000Other borrowed funds
  • $0Subordinated debt
  • $6,682All other liabilities
  • $70,523Total equity capital
  • $70,523Total bank equity capital
  • $70,523Perpetual preferred stock
  • $0Common stock
  • $13,631Surplus
  • $56,471Undivided profits
  • Memoranda
  • $421Noncurrent loans and leases
  • $160,931Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $22,765Earning assets
  • $0Long-term assets (5+ years)
  • $1,915Average Assets, year-to-date
  • $570,617Average Assets, quarterly
  • $127,871Volatile liabilities
  • $633,230Insider loans
  • $587,672FHLB advances
  • $80,719Loans and leases held for sale
  • $100Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,149Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $160,931Total unused commitments
  • $666Restructured Loans and leases
  • $5,224Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $24,840Total interest income
  • $4,412Total interest expense
  • $20,428Net interest income
  • $5,881Provision for loan and lease losses
  • $23,187Total noninterest income
  • $22,456Fiduciary activities
  • $414Service charges on deposit accounts
  • $0Trading account gains & fees
  • $317Additional noninterest income
  • $29,057Total noninterest expense
  • $16,767Salaries and employee benefits
  • $3,306Premises and equipment expense
  • $8,984Additional noninterest expense
  • $8,677Pre-tax net operating income
  • -$36Securities gains (losses)
  • $3,373Applicable income taxes
  • $5,268Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,268Net income attributable to bank
  • $0Net charge-offs
  • $5,268Cash dividends
  • $7,915Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.26%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 3.50%Net interest margin
  • 3.98%Noninterest income to earning assets
  • 4.98%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.36%Pretax return on assets
  • 7.69%Return on equity (ROE)
  • 7.69%Retained earnings to average equity (YTD only)
  • 1.54%Net charge-offs to loans
  • 74.30%Credit loss provision to net charge-offs
  • 1.84%Efficiency ratio
  • 66,622Assets per employee
  • 5.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.11%Loss allowance to noncurrent loans
  • 69.35%Noncurrent assets plus other real estate owned to assets
  • 3.74%Noncurrent loans to loans
  • 4.48%Net loans and leases to deposits
  • 100.17%Net loans and leases to core deposits
  • 106.85%Equity capital to assets
  • 11.41%Core capital (leverage) ratio
  • 9.66%Tier 1 risk-based capital ratio
  • 13.39%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $633,230Average earning assets
  • $68,537Average equity
  • $582,925Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $4,404,316Managed Assets
  • 1Number of Accounts
  • $4,397,724Personal trust and agency accounts
  • $2,505,299Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $348,915Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,441,454Other fiduciary accounts
  • $102,056Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2340Number of Accounts
  • $0Personal trust and agency accounts
  • $347,481Employee benefit-defined contribution accounts
  • $230,048Employee benefit-defined benefit accounts
  • $6,592Other retirement accounts
  • $6,476Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $116Fiduciary accounts held in foreign offices

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