Western National Bank in Phoenix, Arizona (AZ)



Show street view No street view available for this location

Western National Bank routing number info

Table of contents:
Western National Bank
GeneralFDIC Certificate #: 57917
Status: Inactive
Closing history: Absorption - Assisted
Acquiring institution: Washington Federal (#28088)
Federal Reserve ID: 3307410
Date Established: Febuary 02, 2005
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 430987
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: Febuary 02, 2005
Last Structure Change Effective Date: December 16, 2011
Last Structure Change Process Date: December 19, 2011
Last Data Update: December 19, 2011
Data Source Date: April 05, 2012
LocationAddress: 2525 East Camelback Road, Suite 100, Phoenix, AZ 85016
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)
Financial SummaryTotal assets: $162.9 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, 2010)
(Dollar figures in thousands)
Total employees (full-time equivalent)28
Total assets$200,846
Cash and due from depository institutions$17,164
Interest-bearing balances$16,502
Securities$5,500
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$163,738
Loan loss allowance $8,661
Trading account assets$0
Bank premises and fixed assets$1,232
Other real estate owned$7,032
Goodwill and other intangibles$37
All other assets$6,143
Life insurance assets$0
Total liabilities and capital$200,846
Total liabilities$193,194
Total deposits$163,668
Interest-bearing deposits$135,271
Deposits held in domestic offices$163,668
% insured (estimated)95.05%
Federal funds purchased & repurchase agreements $4,721
Trading liabilities$0
Other borrowed funds $24,000
Subordinated debt $0
All other liabilities $805
Total equity capital$7,652
Total bank equity capital$7,652
Perpetual preferred stock$7,652
Common stock$0
Surplus$11,359
Undivided profits $12,919
Memoranda
Noncurrent loans and leases $-16,626
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $5,786
Income earned, not collected on loans $0
Earning assets $14,892
Long-term assets (5+ years) $0
Average Assets, year-to-date $747
Average Assets, quarterly $185,740
Volatile liabilities $6,413
Insider loans $221,472
FHLB advances $209,634
Loans and leases held for sale $78,003
Unused loan commitments $3,013
Tier 1 (core) risk-based capital $24,000
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $5,786
Restructured Loans and leases $1,962
Derivatives$2,279
Back to page top, Back to table top

Income and Expense (December 31, 2010)
(Dollar figures in thousands)
Total interest income $10,433
Total interest expense $2,616
Net interest income $7,817
Provision for loan and lease losses $10,396
Total noninterest income $128
Fiduciary activities $0
Service charges on deposit accounts $129
Trading account gains & fees $0
Additional noninterest income -$1
Total noninterest expense $9,247
Salaries and employee benefits $2,635
Premises and equipment expense $1,244
Additional noninterest expense $5,368
Pre-tax net operating income -$11,698
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items -$11,698
Extraordinary gains - net $0
Net income attributable to bank -$11,698
Net charge-offs $0
Cash dividends -$11,698
Sale, conversion, retirement of capital stock, net $9,247
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2010)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.04%
Cost of funding earning assets 1.26%
Net interest margin 3.77%
Noninterest income to earning assets 0.06%
Noninterest expense to earning assets 4.47%
Net operating income to assets -5.28%
Return on assets (ROA) -5.28%
Pretax return on assets -5.28%
Return on equity (ROE) -90.22%
Retained earnings to average equity (YTD only) -90.22%
Net charge-offs to loans 4.81%
Credit loss provision to net charge-offs 112.43%
Efficiency ratio-0.14%
Assets per employee$116,388
Cash dividends to net income (YTD only)7.17%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 5.02%
Noncurrent assets plus other real estate owned to assets 58.16%
Noncurrent loans to loans 10.92%
Net loans and leases to deposits8.64%
Net loans and leases to core deposits 100.04%
Equity capital to assets 147.66%
Core capital (leverage) ratio 3.81%
Tier 1 risk-based capital ratio 3.62%
Total risk-based capital ratio 4.35%
Memoranda
Average assets$6
Average earning assets$221,472
Average equity $12,966
Average loans $207,096
Back to page top, Back to table top

User Contributions:

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

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Western National Bank.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.