The Harris Bank National Association in Scottsdale, Arizona (AZ)



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The Harris Bank National Association routing number info

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The Harris Bank National Association
GeneralFDIC 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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)112
Total assets$618,320
Cash and due from depository institutions$11,031
Interest-bearing balances$1,364
Securities$14,313
Federal funds sold & reverse repurchase agreements$63,000
Net loans & leases$491,940
Loan loss allowance $15,787
Trading account assets$0
Bank premises and fixed assets$3,182
Other real estate owned$356
Goodwill and other intangibles$15,808
All other assets$18,690
Life insurance assets$0
Total liabilities and capital$618,320
Total liabilities$547,797
Total deposits$491,115
Interest-bearing deposits$422,392
Deposits held in domestic offices$491,115
% insured (estimated)45.35%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $50,000
Subordinated debt $0
All other liabilities $6,682
Total equity capital$70,523
Total bank equity capital$70,523
Perpetual preferred stock$70,523
Common stock$0
Surplus$13,631
Undivided profits $56,471
Memoranda
Noncurrent loans and leases $421
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $160,931
Income earned, not collected on loans $0
Earning assets $22,765
Long-term assets (5+ years) $0
Average Assets, year-to-date $1,915
Average Assets, quarterly $570,617
Volatile liabilities $127,871
Insider loans $633,230
FHLB advances $587,672
Loans and leases held for sale $80,719
Unused loan commitments $100
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $3,149
Total risk weighted assets $0
Total unused commitments $160,931
Restructured Loans and leases $666
Derivatives$5,224
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Income and Expense (December 31, 2010)
(Dollar figures in thousands)
Total interest income $24,840
Total interest expense $4,412
Net interest income $20,428
Provision for loan and lease losses $5,881
Total noninterest income $23,187
Fiduciary activities $22,456
Service charges on deposit accounts $414
Trading account gains & fees $0
Additional noninterest income $317
Total noninterest expense $29,057
Salaries and employee benefits $16,767
Premises and equipment expense $3,306
Additional noninterest expense $8,984
Pre-tax net operating income $8,677
Securities gains (losses) -$36
Applicable income taxes $3,373
Income before extraordinary items $5,268
Extraordinary gains - net $0
Net income attributable to bank $5,268
Net charge-offs $0
Cash dividends $5,268
Sale, conversion, retirement of capital stock, net $7,915
Net operating income $0
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Performance and Condition Ratios (December 31, 2010)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.26%
Cost of funding earning assets 0.76%
Net interest margin 3.50%
Noninterest income to earning assets 3.98%
Noninterest expense to earning assets 4.98%
Net operating income to assets 0.84%
Return on assets (ROA) 0.83%
Pretax return on assets 1.36%
Return on equity (ROE) 7.69%
Retained earnings to average equity (YTD only) 7.69%
Net charge-offs to loans 1.54%
Credit loss provision to net charge-offs 74.30%
Efficiency ratio1.84%
Assets per employee$66,622
Cash dividends to net income (YTD only)5.52%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.11%
Noncurrent assets plus other real estate owned to assets 69.35%
Noncurrent loans to loans 3.74%
Net loans and leases to deposits4.48%
Net loans and leases to core deposits 100.17%
Equity capital to assets 106.85%
Core capital (leverage) ratio 11.41%
Tier 1 risk-based capital ratio 9.66%
Total risk-based capital ratio 13.39%
Memoranda
Average assets$15
Average earning assets$633,230
Average equity $68,537
Average loans $582,925
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Total Fiduciary and Related Assets (December 31, 2010)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$4,404,316
Number of Accounts1
Personal trust and agency accounts$4,397,724
Employee benefit-defined contribution accounts$2,505,299
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$348,915
Investment management agency accounts$0
Other fiduciary accounts$1,441,454
Fiduciary accounts held in foreign offices$102,056
Non-managed Assets$0
Number of Accounts2340
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$347,481
Employee benefit-defined benefit accounts$230,048
Other retirement accounts$6,592
Corporate trust and agency accounts$6,476
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$116
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