Valley National Bank in Espanola, New Mexico (NM)



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Valley National Bank routing number info

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Valley National Bank
GeneralFDIC Certificate #: 19245
Status: Active
Federal Reserve ID: 962854
Date Established: September 28, 1964
WWW: http://www.vnbnm.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 12306
FDIC's unique #: 13060
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: September 28, 1964
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 333 Riverside Drive, Espanola, NM 87532
County: Rio Arriba
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): Santa Fe-Espanola, NM (#492)
Core Based Statistical Area (CBSA): Espanola, NM (#21580)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $293.8 mil
Equity capital: $31.0 mil
Deposits held in domestic offices: $212.8 mil
Return on assets (ROA): -0.87% (-$2.6 mil)
Quarterly return on assets: 4.16% ($12.2 mil)
Return on Equity (ROE): -8.73% (-$2.7 mil)
Quarterly return on equity: 41.72% ($12.9 mil)
Net income: -$2.7 mil
Quarterly Net income: $3.1 mil
Pretax return on assets: -0.87% (-$2,556.4 mil)
Quarterly Pretax return on assets: 4.02% ($11,812.1 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)
Total employees (full-time equivalent)54
Total assets$293,834
Cash and due from depository institutions$36,419
Interest-bearing balances$30,466
Securities$115,718
Federal funds sold & reverse repurchase agreements$3,000
Net loans & leases$124,851
Loan loss allowance $6,172
Trading account assets$0
Bank premises and fixed assets$3,958
Other real estate owned$3,458
Goodwill and other intangibles$0
All other assets$6,430
Life insurance assets$293,835
Total liabilities and capital$262,872
Total liabilities$212,849
Total deposits$193,405
Interest-bearing deposits$212,849
Deposits held in domestic offices$67
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$49,150
Other borrowed funds $0
Subordinated debt $873
All other liabilities $30,963
Total equity capital$30,963
Total bank equity capital$30,963
Perpetual preferred stock$1,000
Common stock$400
Surplus$1,400
Undivided profits $28,163
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $25,205
Earning assets $0
Long-term assets (5+ years) $1,219
Average Assets, year-to-date $274,035
Average Assets, quarterly $109,300
Volatile liabilities $308,417
Insider loans $298,194
FHLB advances $151,905
Loans and leases held for sale $305,019
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $30,241
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,267
Derivatives$4,471
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $13,055
Total interest expense $2,470
Net interest income $10,585
Provision for loan and lease losses $6,532
Total noninterest income -$722
Fiduciary activities $0
Service charges on deposit accounts $523
Trading account gains & fees $0
Additional noninterest income -$1,245
Total noninterest expense $7,518
Salaries and employee benefits $3,531
Premises and equipment expense $792
Additional noninterest expense $3,195
Pre-tax net operating income -$4,187
Securities gains (losses) $1,490
Applicable income taxes $0
Income before extraordinary items -$2,697
Extraordinary gains - net $0
Net income attributable to bank -$2,697
Net charge-offs $0
Cash dividends -$2,697
Sale, conversion, retirement of capital stock, net $8,619
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.56%
Cost of funding earning assets 0.86%
Net interest margin 3.70%
Noninterest income to earning assets -0.25%
Noninterest expense to earning assets 2.63%
Net operating income to assets -1.36%
Return on assets (ROA) -0.87%
Pretax return on assets -0.87%
Return on equity (ROE) -8.73%
Retained earnings to average equity (YTD only) -8.73%
Net charge-offs to loans 5.99%
Credit loss provision to net charge-offs 75.79%
Efficiency ratio0.27%
Assets per employee$76,224
Cash dividends to net income (YTD only)5.44%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 4.71%
Noncurrent assets plus other real estate owned to assets 24.49%
Noncurrent loans to loans 9.75%
Net loans and leases to deposits19.24%
Net loans and leases to core deposits 58.66%
Equity capital to assets 90.22%
Core capital (leverage) ratio 10.54%
Tier 1 risk-based capital ratio 9.91%
Total risk-based capital ratio 19.91%
Memoranda
Average assets$21
Average earning assets$308,417
Average equity $30,904
Average loans $286,191
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1 New Mexico Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
013060Valley National Bank333 Riverside Drive, Espanola, NM 87532September 28, 1964Full Service Brick and Mortar
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