United New Mexico Bank, National Association in Socorro, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 03, 1994

  • United New Mexico Bank, National Association in Socorro, New Mexico (NM)
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United New Mexico Bank, National Association - Overview

  • General
  • FDIC Certificate #: 20775
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank New Mexico, National Association (#2252)
    Federal Reserve ID: 372752
    Date Established: August 21, 1972
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 14349
    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: August 21, 1972
    Last Structure Change Effective Date: October 03, 1994
    Last Structure Change Process Date: October 19, 1994
    Last Data Update: October 19, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 113 Bernard Street, N.W., Socorro, NM 87801
    County: Socorro
    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
  • Financial Summary
  • Total assets: $31.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $14Total assets
  • $28,488Cash and due from depository institutions
  • $2,200Interest-bearing balances
  • $462Securities
  • $13,225Federal funds sold & reverse repurchase agreements
  • $975Net loans & leases
  • $10,694Loan loss allowance
  • $200Trading account assets
  • $0Bank premises and fixed assets
  • $909Other real estate owned
  • $0Goodwill and other intangibles
  • $485Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $28,488Total liabilities
  • $26,549Total deposits
  • $26,449Interest-bearing deposits
  • $22,611Deposits held in domestic offices
  • 26449.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $100Total equity capital
  • $100Total bank equity capital
  • $1,939Perpetual preferred stock
  • $0Common stock
  • $446Surplus
  • $661Undivided profits
  • Memoranda
  • $832Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $129Earning assets
  • $25,356Long-term assets (5+ years)
  • $1,191Average Assets, year-to-date
  • $27,927Average Assets, quarterly
  • $28,199Volatile liabilities
  • $1,300Insider loans
  • $340FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,205Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,939Total risk weighted assets
  • $12,651Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,724Total interest expense
  • $617Net interest income
  • $1,107Provision for loan and lease losses
  • $12Total noninterest income
  • $297Fiduciary activities
  • $0Service charges on deposit accounts
  • $223Trading account gains & fees
  • $0Additional noninterest income
  • $74Total noninterest expense
  • $977Salaries and employee benefits
  • $320Premises and equipment expense
  • $70Additional noninterest expense
  • $587Pre-tax net operating income
  • $415Securities gains (losses)
  • $0Applicable income taxes
  • $125Income before extraordinary items
  • $290Extraordinary gains - net
  • -$55Net income attributable to bank
  • $235Net charge-offs
  • -$2Cash dividends
  • $417Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.87%Cost of funding earning assets
  • 2.46%Net interest margin
  • 4.41%Noninterest income to earning assets
  • 1.18%Noninterest expense to earning assets
  • 3.89%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 1.29%Return on equity (ROE)
  • 11.95%Retained earnings to average equity (YTD only)
  • -9.26%Net charge-offs to loans
  • -0.02%Credit loss provision to net charge-offs
  • -600.00%Efficiency ratio
  • 69,587Assets per employee
  • 2.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 177.45%Loss allowance to loans
  • 1.84%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 40.43%Net loans and leases to core deposits
  • 42.52%Equity capital to assets
  • 6.81%Core capital (leverage) ratio
  • 6.66%Tier 1 risk-based capital ratio
  • 15.33%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $27,927Average earning assets
  • $1,966Average equity
  • $25,088Average loans

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