Bank 1440
Phoenix, AZ — Domestic Branch of a Domestic Bank
Acquired Aug 2014
Vitals
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Total Assets86.8M 8.3 %
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Total Deposits75.4M 8.4 %
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Total Net Loans66.7M 12.9 %
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Net Income219000.0000 -22.3 %
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Book Value11.1M 8.6 %
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Book Value x222.3M 8.6 %
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Book Value x333.4M 8.6 %
Balance Sheet Highlights
Financial Highlights | Bank 1440 | All Insured Commercial Banks in Arizona |
Balance Sheet $(000) | ||
Total Assets | 86,784 | 455,058 |
Total Net Loans | 66,681 | 314,447 |
Total Deposits | 75,383 | 389,362 |
Total Equity | 11,131 | 52,337 |
Profitability | ||
Net Income | 219 | 2,005 |
Return on Average Assets | .51 | .374 |
Return on Average Equity | 4.013 | 2.036 |
Net Interest Margin | 4.564 | 4.097 |
Efficiency Ratio | 88.934 | 85.951 |
Noninterest Income/Revenue | 1.571 | 18.416 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 88.456 | 75.934 |
Securities/Assets | .196 | .141 |
Total Equity/Total Assets | .128 | .115 |
Tangible Equity/Tangible Assets | .107 | .112 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 10,442 | 50,802 |
Tier 2 Capital | 801 | 4,172 |
Total Capital | 11,243 | 54,953 |
Total Risk Weighted Assets | 63,437 | 346,163 |
Leverage Ratio | 12 | 11.469 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 16.46 | 15.349 |
Total Capital Ratio | 17.72 | 16.522 |
Timeline for Bank 1440
Bank 1440
Bank 1440 was established 16 years ago and is currently headquartered in Phoenix, AZ.
Jun 18 2007Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bank 34 | Buyer | 328,755 | Acquisition | Discontinued | 8/30/2014 |
Relationships | Role | Relationship Start | Relationship End |
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