The James Polk Stone Community Bank in Portales, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • The James Polk Stone Community Bank in Portales, New Mexico (NM)
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The James Polk Stone Community Bank - Overview

  • General
  • FDIC Certificate #: 2244
    Status: Active
    Federal Reserve ID: 785857
    Bank Holding Company (Regulatory Top Holder): James Polk Stone Community Bancshares, Inc. (RSSDID: 1104978, Location: Portales, NM)
    Date Established: July 30, 1906
    WWW: http://www.jpstonecb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 13798
    FDIC's unique #: 1493
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 03, 2010
    Last Structure Change Process Date: September 10, 2010
    Last Data Update: September 10, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 109 East Second Street, Portales, NM 88130
    County: Roosevelt
    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
    Combined Statistical Area (CSA): Clovis-Portales, NM (#188)
    Core Based Statistical Area (CBSA): Portales, NM (#38780)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $182.2 mil
    Equity capital: $16.1 mil
    Deposits held in domestic offices: $160.7 mil
    Return on assets (ROA): 1.09% ($2.0 mil)
    Quarterly return on assets: 0.58% ($1.1 mil)
    Return on Equity (ROE): 12.15% ($1.9 mil)
    Quarterly return on equity: 6.48% ($1.0 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.09% ($1,985.5 mil)
    Quarterly Pretax return on assets: 0.58% ($1,056.5 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, 2011)

  • Dollar figures in thousands
  • 78Total employees (full-time equivalent)
  • $182,157Total assets
  • $34,187Cash and due from depository institutions
  • $19,854Interest-bearing balances
  • $32,740Securities
  • $11,050Federal funds sold & reverse repurchase agreements
  • $95,418Net loans & leases
  • $1,757Loan loss allowance
  • $0Trading account assets
  • $6,135Bank premises and fixed assets
  • $452Other real estate owned
  • $0Goodwill and other intangibles
  • $182,157Life insurance assets
  • $2,175All other assets
  • $166,046Total liabilities and capital
  • $160,667Total liabilities
  • $99,487Total deposits
  • $160,667Interest-bearing deposits
  • $78Deposits held in domestic offices
  • 4714.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $501Trading liabilities
  • $0Other borrowed funds
  • $164Subordinated debt
  • $16,111All other liabilities
  • $16,111Total equity capital
  • $16,111Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $6,000Surplus
  • $9,111Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,070Income earned, not collected on loans
  • $0Earning assets
  • $758Long-term assets (5+ years)
  • $159,062Average Assets, year-to-date
  • $44,663Average Assets, quarterly
  • $173,572Volatile liabilities
  • $177,759Insider loans
  • $107,445FHLB advances
  • $177,000Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,058Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,441Restructured Loans and leases
  • $1,002Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,860Total interest income
  • $358Total interest expense
  • $8,502Net interest income
  • $535Provision for loan and lease losses
  • $1,941Total noninterest income
  • $0Fiduciary activities
  • $1,057Service charges on deposit accounts
  • $0Trading account gains & fees
  • $884Additional noninterest income
  • $8,011Total noninterest expense
  • $4,482Salaries and employee benefits
  • $1,002Premises and equipment expense
  • $2,527Additional noninterest expense
  • $1,897Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,897Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,897Net income attributable to bank
  • $0Net charge-offs
  • $1,897Cash dividends
  • $345Sale, conversion, retirement of capital stock, net
  • $924Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.80%Yield on earning assets
  • 0.23%Cost of funding earning assets
  • 5.56%Net interest margin
  • 1.27%Noninterest income to earning assets
  • 5.24%Noninterest expense to earning assets
  • 1.09%Net operating income to assets
  • 1.09%Return on assets (ROA)
  • 1.09%Pretax return on assets
  • 12.15%Return on equity (ROE)
  • 6.23%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 155.07%Credit loss provision to net charge-offs
  • 7.05%Efficiency ratio
  • 76,712Assets per employee
  • 2.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.71%Loss allowance to loans
  • 1.81%Loss allowance to noncurrent loans
  • 84.88%Noncurrent assets plus other real estate owned to assets
  • 1.38%Noncurrent loans to loans
  • 2.13%Net loans and leases to deposits
  • 59.39%Net loans and leases to core deposits
  • 59.90%Equity capital to assets
  • 8.84%Core capital (leverage) ratio
  • 9.07%Tier 1 risk-based capital ratio
  • 14.95%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $173,572Average earning assets
  • $15,614Average equity
  • $152,786Average loans

List of branches

  • 7 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01493The James Polk Stone Community Bank109 East Second Street, Portales, NM 88130July 30, 1906Full Service Brick and Mortar
    2192171South Branch520 West 18th Street, Portales, NM 88130January 12, 1977Limited Service Facility
    3357306The Clovis National Bank901 Colonial Pkwy, Clovis, NM 88101June 15, 2000Full Service Brick and Mortar
    4419452The Roswell National Bank Branch1901 North Main, Roswell, NM 88203January 02, 2003Full Service Brick and Mortar
    5431976South Branch1801 South Main, Roswell, NM 88201September 01, 2004Full Service Brick and Mortar
    6463542The Hagerman National Bank New Mexic7681 Wichita Road, Hagerman, NM 88232April 16, 2007Full Service Brick and Mortar
    7470215Joe Harvey Boulevard Branch1101 Joe Harvey Blvd., Hobbs, NM 88240December 10, 2007Full Service Brick and Mortar

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