Sears National Bank
Tempe, AZ — National Bank
Acquired Nov 2003
Vitals
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Total Assets86.3M -69.2 %
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Total Deposits504000.0000 -99.4 %
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Total Net Loans
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Net Income87000.0000 -99.2 %
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Book Value70.9M 120.8 %
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Book Value x2141.9M 120.8 %
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Book Value x3212.8M 120.8 %
Balance Sheet Highlights
| Financial Highlights | Sears National Bank | All Insured Commercial Banks in Arizona |
| Balance Sheet $(000) | ||
| Total Assets | 86,339 | 191,312 |
| Total Net Loans | — | 217,342 |
| Total Deposits | 504 | 143,565 |
| Total Equity | 70,946 | 24,385 |
| Profitability | ||
| Net Income | 87 | 1,731 |
| Return on Average Assets | .69 | 2.495 |
| Return on Average Equity | .491 | 13.959 |
| Net Interest Margin | .914 | 4.737 |
| Efficiency Ratio | 23.009 | 77.094 |
| Noninterest Income/Revenue | 46.319 | |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | — | 118.488 |
| Securities/Assets | .004 | .304 |
| Total Equity/Total Assets | .822 | .127 |
| Tangible Equity/Tangible Assets | .822 | .025 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 70,946 | 21,224 |
| Tier 2 Capital | — | 4,375 |
| Total Capital | 70,946 | 22,997 |
| Total Risk Weighted Assets | 17,371 | 136,854 |
| Leverage Ratio | 140.67 | 14.832 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 408.42 | 20.199 |
| Total Capital Ratio | 408.42 | 21.28 |
Timeline for Sears National Bank
Citibank Usa, National Association
Sears National Bank was acquired by Citibank Usa, National Association 20 years
View Profile Nov 03 2003
Ambank Holding Company Of Colorado
Ambank Holding Company Of Colorado became a new parent organization for Sears National Bank.
View Profile May 22 1987
Ambank Holding Company
Ambank Holding Company became a new parent organization for Sears National Bank.
View Profile Dec 23 1982
Sears National Bank
Sears National Bank was established 49 years ago and is currently headquartered in Tempe, AZ.
Jun 20 1974| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Citibank Usa, National Association | Buyer | 7,374,155 | Sale of Assets | 11/3/2003 |
| Relationships | Role | Relationship Start | Relationship End |
| Ambank Holding Company Of Colorado | Parent | 5/22/1987 | 12/30/1992 |
| Ambank Holding Company | Parent | 12/31/1985 | 5/21/1987 |
| Ambank Holding Company | Parent | 12/23/1982 | 12/30/1985 |