Towne Bank Of Arizona
Mesa, AZ — Non-member Bank
Acquired May 2010
Vitals
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Total Assets120.2M -15.9 %
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Total Deposits113.2M -0.9 %
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Total Net Loans69.5M -37.7 %
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Net Income-6580000.0000
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Book Value479000.0000 -97.8 %
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Book Value x2958000.0000 -97.8 %
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Book Value x31.4M -97.8 %
Balance Sheet Highlights
| Financial Highlights | Towne Bank Of Arizona | All Insured Commercial Banks in Arizona |
| Balance Sheet $(000) | ||
| Total Assets | 120,246 | 216,282 |
| Total Net Loans | 69,531 | 142,171 |
| Total Deposits | 113,243 | 186,297 |
| Total Equity | 479 | 19,202 |
| Profitability | ||
| Net Income | -6,580 | -921 |
| Return on Average Assets | -20.435 | -1.398 |
| Return on Average Equity | -696.388 | -23.82 |
| Net Interest Margin | 1.975 | 3.689 |
| Efficiency Ratio | -72.775 | 90.243 |
| Noninterest Income/Revenue | 202.539 | 4.652 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 61.4 | 78.545 |
| Securities/Assets | .076 | .241 |
| Total Equity/Total Assets | .004 | .089 |
| Tangible Equity/Tangible Assets | .004 | -.428 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 369 | 17,698 |
| Tier 2 Capital | 369 | 2,110 |
| Total Capital | 738 | 20,128 |
| Total Risk Weighted Assets | 100,919 | 158,208 |
| Leverage Ratio | .29 | 9.373 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | .37 | 12.599 |
| Total Capital Ratio | .73 | 13.893 |
Timeline for Towne Bank Of Arizona
Towne Bank Of Arizona was acquired by 14 years
May 08 2010
Commerce Bank Of Arizona
Towne Bank Of Arizona was acquired by Commerce Bank Of Arizona 14 years
View Profile May 08 2010
Towne Bancorp, Inc.
Towne Bancorp, Inc. became a new parent organization for Towne Bank Of Arizona.
View Profile May 19 2006
Towne Bank Of Arizona
Towne Bank Of Arizona was established 20 years ago and is currently headquartered in Mesa, AZ.
Apr 01 2004| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Commerce Bank Of Arizona | Buyer | 171,153 | Failure | 5/8/2010 |
| Relationships | Role | Relationship Start | Relationship End |
| Towne Bancorp, Inc. | Parent | 5/19/2006 | 5/7/2010 |
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