Valley National Bank in Espanola, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches


Valley National Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 54Total employees (full-time equivalent)
  • $293,834Total assets
  • $36,419Cash and due from depository institutions
  • $30,466Interest-bearing balances
  • $115,718Securities
  • $3,000Federal funds sold & reverse repurchase agreements
  • $124,851Net loans & leases
  • $6,172Loan loss allowance
  • $0Trading account assets
  • $3,958Bank premises and fixed assets
  • $3,458Other real estate owned
  • $0Goodwill and other intangibles
  • $293,835Life insurance assets
  • $6,430All other assets
  • $262,872Total liabilities and capital
  • $212,849Total liabilities
  • $193,405Total deposits
  • $212,849Interest-bearing deposits
  • $67Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $49,150Trading liabilities
  • $0Other borrowed funds
  • $873Subordinated debt
  • $30,963All other liabilities
  • $30,963Total equity capital
  • $30,963Total bank equity capital
  • $1,000Perpetual preferred stock
  • $400Common stock
  • $1,400Surplus
  • $28,163Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $25,205Income earned, not collected on loans
  • $0Earning assets
  • $1,219Long-term assets (5+ years)
  • $274,035Average Assets, year-to-date
  • $109,300Average Assets, quarterly
  • $308,417Volatile liabilities
  • $298,194Insider loans
  • $151,905FHLB advances
  • $305,019Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $30,241Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,267Restructured Loans and leases
  • $4,471Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,055Total interest income
  • $2,470Total interest expense
  • $10,585Net interest income
  • $6,532Provision for loan and lease losses
  • -$722Total noninterest income
  • $0Fiduciary activities
  • $523Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,245Additional noninterest income
  • $7,518Total noninterest expense
  • $3,531Salaries and employee benefits
  • $792Premises and equipment expense
  • $3,195Additional noninterest expense
  • -$4,187Pre-tax net operating income
  • $1,490Securities gains (losses)
  • $0Applicable income taxes
  • -$2,697Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,697Net income attributable to bank
  • $0Net charge-offs
  • -$2,697Cash dividends
  • $8,619Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.56%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 3.70%Net interest margin
  • -0.25%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • -1.36%Net operating income to assets
  • -0.87%Return on assets (ROA)
  • -0.87%Pretax return on assets
  • -8.73%Return on equity (ROE)
  • -8.73%Retained earnings to average equity (YTD only)
  • 5.99%Net charge-offs to loans
  • 75.79%Credit loss provision to net charge-offs
  • 0.27%Efficiency ratio
  • 76,224Assets per employee
  • 5.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.71%Loss allowance to noncurrent loans
  • 24.49%Noncurrent assets plus other real estate owned to assets
  • 9.75%Noncurrent loans to loans
  • 19.24%Net loans and leases to deposits
  • 58.66%Net loans and leases to core deposits
  • 90.22%Equity capital to assets
  • 10.54%Core capital (leverage) ratio
  • 9.91%Tier 1 risk-based capital ratio
  • 19.91%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $308,417Average earning assets
  • $30,904Average equity
  • $286,191Average loans

List of branches

  • 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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