Western Alliance Bank in Phoenix, Arizona (AZ), NV
| Western Alliance Bank | |
|---|---|
| General | FDIC Certificate #: 57512 Status: Active Federal Reserve ID: 3138146 Bank Holding Company (Regulatory Top Holder): Western Alliance Bancorporation (RSSDID: 2349815, Location: Phoenix, AZ) Date Established: Febuary 03, 2003 WWW: http://www.alliancebankofarizona.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 17 (Domestic: 17, Interstate: Yes) FDIC's unique #: 364554 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: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: Febuary 03, 2003 Last Structure Change Effective Date: December 31, 2010 Last Structure Change Process Date: January 05, 2011 Last Data Update: January 05, 2011 Data Source Date: April 05, 2012 |
| Location | Address: One East Wasington Street Suite 1400, Phoenix, AZ 85004 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 | Participated in Absorption/Consolidation/Merger Change in Location Name Change |
| Financial Summary | Total assets: $2,234.7 mil Equity capital: $192.7 mil Deposits held in domestic offices: $1,877.5 mil Return on assets (ROA): 0.97% ($21.7 mil) Quarterly return on assets: 1.05% ($23.5 mil) Return on Equity (ROE): 11.11% ($21.4 mil) Quarterly return on equity: 11.82% ($22.8 mil) Net income: $19.8 mil Quarterly Net income: $5.6 mil Pretax return on assets: 1.50% ($33,520.5 mil) Quarterly Pretax return on assets: 1.57% ($35,084.8 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 225 |
| Total assets | $2,234,702 |
| Cash and due from depository institutions | $35,638 |
| Interest-bearing balances | $5,470 |
| Securities | $448,666 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $1,623,201 |
| Loan loss allowance | $21,640 |
| Trading account assets | $6,409 |
| Bank premises and fixed assets | $35,120 |
| Other real estate owned | $7,773 |
| Goodwill and other intangibles | $4,254 |
| All other assets | $73,641 |
| Life insurance assets | $2,234,702 |
| Total liabilities and capital | $2,041,959 |
| Total liabilities | $1,877,475 |
| Total deposits | $1,461,345 |
| Interest-bearing deposits | $1,877,475 |
| Deposits held in domestic offices | $85 |
| % insured (estimated) | 71009.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $55,000 |
| Other borrowed funds | $23,000 |
| Subordinated debt | $15,475 |
| All other liabilities | $192,743 |
| Total equity capital | $192,743 |
| Total bank equity capital | $192,743 |
| Perpetual preferred stock | $0 |
| Common stock | $97,343 |
| Surplus | $165,247 |
| Undivided profits | $-69,847 |
| 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 | $17,035 |
| Earning assets | $1,922 |
| Long-term assets (5+ years) | $7,854 |
| Average Assets, year-to-date | $2,083,746 |
| Average Assets, quarterly | $588,269 |
| Volatile liabilities | $2,054,171 |
| Insider loans | $2,153,915 |
| FHLB advances | $1,944,580 |
| Loans and leases held for sale | $2,128,033 |
| Unused loan commitments | $39,497 |
| Tier 1 (core) risk-based capital | $8,579 |
| Tier 2 risk-based capital | $188,328 |
| Total risk weighted assets | $10,924 |
| Total unused commitments | $19,994 |
| Restructured Loans and leases | $336,015 |
| Derivatives | $720 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $94,232 |
| Total interest expense | $11,281 |
| Net interest income | $82,951 |
| Provision for loan and lease losses | $10,076 |
| Total noninterest income | $4,551 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $1,985 |
| Trading account gains & fees | $213 |
| Additional noninterest income | $2,353 |
| Total noninterest expense | $47,385 |
| Salaries and employee benefits | $20,773 |
| Premises and equipment expense | $7,433 |
| Additional noninterest expense | $19,179 |
| Pre-tax net operating income | $30,041 |
| Securities gains (losses) | $694 |
| Applicable income taxes | $10,890 |
| Income before extraordinary items | $19,845 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $19,845 |
| Net charge-offs | $0 |
| Cash dividends | $19,845 |
| Sale, conversion, retirement of capital stock, net | $8,822 |
| Net operating income | $2,000 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.97% |
| Cost of funding earning assets | 0.59% |
| Net interest margin | 4.37% |
| Noninterest income to earning assets | 0.24% |
| Noninterest expense to earning assets | 2.50% |
| Net operating income to assets | 0.94% |
| Return on assets (ROA) | 0.97% |
| Pretax return on assets | 1.50% |
| Return on equity (ROE) | 11.11% |
| Retained earnings to average equity (YTD only) | 9.99% |
| Net charge-offs to loans | 0.61% |
| Credit loss provision to net charge-offs | 114.21% |
| Efficiency ratio | 4.55% |
| Assets per employee | $53,234 |
| Cash dividends to net income (YTD only) | 9.93% |
| Condition Ratios (%) | |
| Loss allowance to loans | 10.08% |
| Loss allowance to noncurrent loans | 1.32% |
| Noncurrent assets plus other real estate owned to assets | 127.03% |
| Noncurrent loans to loans | 1.11% |
| Net loans and leases to deposits | 1.04% |
| Net loans and leases to core deposits | 86.46% |
| Equity capital to assets | 125.82% |
| Core capital (leverage) ratio | 8.62% |
| Tier 1 risk-based capital ratio | 8.85% |
| Total risk-based capital ratio | 9.68% |
| Memoranda | |
| Average assets | $12 |
| Average earning assets | $2,054,171 |
| Average equity | $178,551 |
| Average loans | $1,897,087 |
| 9 Arizona Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 364554 | Western Alliance Bank | One East Wasington Street Suite 1400, Phoenix, AZ 85004 | Febuary 03, 2003 | Full Service Brick and Mortar |  |
| 1 | 419557 | Swan Corporate | 4703 E. Camp Lowell Drive, Tucson, AZ 85712 | March 03, 2003 | Full Service Brick and Mortar |  |
| 2 | 430251 | Scottsdale Centre Branch | 7373 North Scottsdale Road, Suite A195, Scottsdale, AZ 85253 | November 24, 2003 | Full Service Brick and Mortar | |
| 4 | 442483 | Williams Centre Office | 200 South Craycroft Road, Tucson, AZ 85711 | July 01, 2005 | Full Service Brick and Mortar | |
| 5 | 443068 | Phoenix Plaza Branch | 2901 N. Central Ave., Ste. 100, Phoenix, AZ 85012 | August 02, 2004 | Full Service Brick and Mortar | |
| 8 | 466639 | Sedona Branch | 6486 Highway 179, Suite 110, Sedona, AZ 86351 | November 20, 2006 | Full Service Brick and Mortar | |
| 9 | 466640 | Flagstaff Branch | 214 East Birch Ave., Flagstaff, AZ 86001 | March 05, 2007 | Full Service Brick and Mortar | |
| 10 | 469060 | Mesa Branch | 1110 East Baseline Road, Mesa, AZ 85204 | October 29, 2007 | Full Service Brick and Mortar | |
| 19 | 521935 | Camelback Branch | 2701 East Camelback Road, Phoenix, AZ 85016 | December 31, 2010 | Full Service Brick and Mortar | |
| 8 Nevada Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 11 | 76168 | Reno Main Branch | 5335 Kietzke Lane, Reno, NV 89509 | September 27, 1999 | Full Service Brick and Mortar | |
| 12 | 362924 | Sparks Branch | 725 Sparks Boulevard, Sparks, NV 89434 | Febuary 01, 2002 | Full Service Brick and Mortar | |
| 13 | 433876 | I-80 & Robb Drive Branch | 6290 Sharlands Avenue, Reno, NV 89523 | January 05, 2005 | Full Service Brick and Mortar | |
| 14 | 439718 | Fallon Office Branch | 2061 West Williams Avenue, Fallon, NV 89406 | April 04, 2005 | Full Service Brick and Mortar | |
| 15 | 443311 | Kietzke Financial Center Branch | 5335 Kietzke Lane, Reno, NV 89511 | January 24, 2005 | Limited Service Messenger | |
| 16 | 470561 | Spanish Springs | 381 Los Altos Parkway, Sparks, NV 89436 | January 24, 2008 | Full Service Brick and Mortar | |
| 17 | 474006 | Sparks Industrial | 980 South Mccarran Blvd., Sparks, NV 89431 | April 21, 2008 | Full Service Brick and Mortar | |
| 18 | 506563 | Carson City Branch | 1818 East College Parkway, Carson City, NV 89706 | March 01, 2010 | Full Service Brick and Mortar | |
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