Western Bank in city_name, state_name - Detailed Financial Reports, Location

Western Bank in Albuquerque, New Mexico (NM)
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Western Bank - Overview

General
FDIC Certificate #: 20444
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Compass Bank (#19048)
Federal Reserve ID: 431659
Date Established: June 23, 1971
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 10 (Interstate: No)
FDIC's unique #: 14095
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: June 23, 1971
Last Structure Change Effective Date: January 14, 2000
Last Structure Change Process Date: March 29, 2000
Last Data Update: March 29, 2000
Data Source Date: April 05, 2012
Location
Address: 10042 Coors Road, N.W., Albuquerque, NM 87114
County: Bernalillo
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
Metropolitan Statistical Area (MSA): Albuquerque, NM (#200)
Core Based Statistical Area (CBSA): Albuquerque, NM (#10740)
CBSA Metro Statistical Area: Albuquerque, NM (#10740)
Financial Summary
Total assets: $288.1 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
100Total employees (full-time equivalent)
$288,107Total assets
$15,631Cash and due from depository institutions
$31Interest-bearing balances
$84,664Securities
$35,789Federal funds sold & reverse repurchase agreements
$144,870Net loans & leases
$2,808Loan loss allowance
$0Trading account assets
$4,412Bank premises and fixed assets
$151Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,590All other assets
$288,107Total liabilities and capital
$261,306Total liabilities
$242,087Total deposits
$184,814Interest-bearing deposits
$242,087Deposits held in domestic offices
0.00%% insured (estimated)
$13,527Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,850Other borrowed funds
$0Subordinated debt
$1,842All other liabilities
$26,801Total equity capital
$26,801Total bank equity capital
$26,801Perpetual preferred stock
$0Common stock
$2,171Surplus
$7,000Undivided profits
Memoranda
$17,630Noncurrent loans and leases
$36,946Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$395Earning assets
$0Long-term assets (5+ years)
$1,403Average Assets, year-to-date
$265,354Average Assets, quarterly
$54,507Volatile liabilities
$283,301Insider loans
$292,980FHLB advances
$77,658Loans and leases held for sale
$1,390Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$36,946Total unused commitments
$0Restructured Loans and leases
$2,269Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$22,090Total interest income
$7,809Total interest expense
$14,281Net interest income
$840Provision for loan and lease losses
$1,487Total noninterest income
$0Fiduciary activities
$863Service charges on deposit accounts
$0Trading account gains & fees
$624Additional noninterest income
$7,445Total noninterest expense
$3,607Salaries and employee benefits
$587Premises and equipment expense
$3,251Additional noninterest expense
$7,483Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$7,483Income before extraordinary items
$0Extraordinary gains - net
$7,483Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$778Sale, conversion, retirement of capital stock, net
$5,225Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.48%Yield on earning assets
3.00%Cost of funding earning assets
5.48%Net interest margin
0.57%Noninterest income to earning assets
2.86%Noninterest expense to earning assets
2.64%Net operating income to assets
2.64%Return on assets (ROA)
2.64%Pretax return on assets
27.82%Return on equity (ROE)
8.40%Retained earnings to average equity (YTD only)
0.54%Net charge-offs to loans
107.97%Credit loss provision to net charge-offs
10.70%Efficiency ratio
47,216Assets per employee
2.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
69.82%Loss allowance to loans
1.90%Loss allowance to noncurrent loans
710.89%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.27%Net loans and leases to deposits
59.84%Net loans and leases to core deposits
79.68%Equity capital to assets
9.30%Core capital (leverage) ratio
9.68%Tier 1 risk-based capital ratio
15.05%Total risk-based capital ratio
Memoranda
$16Average assets
$283,301Average earning assets
$26,894Average equity
$260,542Average loans

Western Bank in Albuquerque, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

Western Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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Western Bank in Albuquerque, New Mexico (NM)Overview, Financial Summary, Detailed Financial Reports, Branches

Western Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

Comment about this bank, ask questions, or add new information about it:

Western Bank in Albuquerque, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches