West Valley National Bank in Avondale, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches


West Valley National Bank - Overview

  • General
  • FDIC Certificate #: 58426
    Status: Active
    Federal Reserve ID: 3480069
    Bank Holding Company (Regulatory Top Holder): West Valley Bancorp, Inc. (RSSDID: 3480050, Location: Avondale, AZ)
    Date Established: December 22, 2006
    WWW: http://www.wvnb.net
    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: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 451436
    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: December 22, 2006
    Last Structure Change Effective Date: January 03, 2007
    Last Structure Change Process Date: January 03, 2007
    Last Data Update: January 03, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 12725 West Indian School Road, Suite C-108, Avondale, AZ 85323
    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)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $40.6 mil
    Equity capital: $10.4 mil
    Deposits held in domestic offices: $28.0 mil
    Return on assets (ROA): -4.65% (-$1.9 mil)
    Quarterly return on assets: -6.15% (-$2.5 mil)
    Return on Equity (ROE): -16.04% (-$1.6 mil)
    Quarterly return on equity: -23.71% (-$2.4 mil)
    Net income: -$1.8 mil
    Quarterly Net income: -$0.6 mil
    Pretax return on assets: -4.65% (-$1,889.8 mil)
    Quarterly Pretax return on assets: -6.15% (-$2,499.4 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
  • 13Total employees (full-time equivalent)
  • $40,640Total assets
  • $4,163Cash and due from depository institutions
  • $2,046Interest-bearing balances
  • $1,798Securities
  • $2,695Federal funds sold & reverse repurchase agreements
  • $28,404Net loans & leases
  • $713Loan loss allowance
  • $0Trading account assets
  • $235Bank premises and fixed assets
  • $2,643Other real estate owned
  • $0Goodwill and other intangibles
  • $40,640Life insurance assets
  • $702All other assets
  • $30,215Total liabilities and capital
  • $27,952Total liabilities
  • $18,808Total deposits
  • $27,952Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $263Subordinated debt
  • $10,425All other liabilities
  • $10,425Total equity capital
  • $10,425Total bank equity capital
  • $0Perpetual preferred stock
  • $1,959Common stock
  • $22,275Surplus
  • $-13,809Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $100Income earned, not collected on loans
  • $0Earning assets
  • $111Long-term assets (5+ years)
  • $34,943Average Assets, year-to-date
  • $8,309Average Assets, quarterly
  • $39,052Volatile liabilities
  • $41,413Insider loans
  • $32,469FHLB advances
  • $42,265Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,353Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,586Restructured Loans and leases
  • $520Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,887Total interest income
  • $196Total interest expense
  • $1,691Net interest income
  • $258Provision for loan and lease losses
  • -$353Total noninterest income
  • $0Fiduciary activities
  • $118Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$471Additional noninterest income
  • $2,890Total noninterest expense
  • $1,266Salaries and employee benefits
  • $477Premises and equipment expense
  • $1,147Additional noninterest expense
  • -$1,810Pre-tax net operating income
  • -$6Securities gains (losses)
  • $0Applicable income taxes
  • -$1,816Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,816Net income attributable to bank
  • $0Net charge-offs
  • -$1,816Cash dividends
  • $212Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.71%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 5.11%Net interest margin
  • -1.07%Noninterest income to earning assets
  • 8.74%Noninterest expense to earning assets
  • -4.63%Net operating income to assets
  • -4.65%Return on assets (ROA)
  • -4.65%Pretax return on assets
  • -16.04%Return on equity (ROE)
  • -16.04%Retained earnings to average equity (YTD only)
  • 0.76%Net charge-offs to loans
  • 121.70%Credit loss provision to net charge-offs
  • -7.32%Efficiency ratio
  • 215,994Assets per employee
  • 3.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.45%Loss allowance to noncurrent loans
  • 713.00%Noncurrent assets plus other real estate owned to assets
  • 6.75%Noncurrent loans to loans
  • 0.34%Net loans and leases to deposits
  • 101.62%Net loans and leases to core deposits
  • 107.12%Equity capital to assets
  • 25.65%Core capital (leverage) ratio
  • 24.50%Tier 1 risk-based capital ratio
  • 31.89%Total risk-based capital ratio
  • Memoranda
  • $33Average assets
  • $39,052Average earning assets
  • $11,324Average equity
  • $33,063Average loans

List of branches

  • 3 Arizona Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0451436West Valley National Bank12725 West Indian School Road, Suite C-108, Avondale, AZ 85323December 22, 2006Full Service Brick and Mortar
    1476067Buckeye Branch111 E. Monroe Avenue, Suite 100, Buckeye, AZ 85326April 14, 2008Full Service Brick and Mortar
    2522063Scottsdale Branch5635 N. Scottsdale Rd. Suite 150, Scottsdale, AZ 85250June 01, 2011Full Service Brick and Mortar

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