Western Bank
Gallup, NM — Domestic Branch of a Domestic Bank
Acquired Mar 2005
Vitals
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Total Assets110.4M -3.1 %
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Total Deposits86.2M -8.0 %
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Total Net Loans49.0M 19.3 %
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Net Income1.2M 56.1 %
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Book Value10.8M 3.9 %
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Book Value x221.5M 3.9 %
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Book Value x332.3M 3.9 %
Balance Sheet Highlights
Financial Highlights | Western Bank | All Insured Commercial Banks in New Mexico |
Balance Sheet $(000) | ||
Total Assets | 110,363 | 193,455 |
Total Net Loans | 48,997 | 133,312 |
Total Deposits | 86,250 | 153,962 |
Total Equity | 10,758 | 17,012 |
Profitability | ||
Net Income | 1,236 | 3,247 |
Return on Average Assets | 1.141 | 1.4 |
Return on Average Equity | 11.592 | 14.88 |
Net Interest Margin | 3.872 | 4.735 |
Efficiency Ratio | 60.14 | 66.778 |
Noninterest Income/Revenue | 13.696 | 15.199 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 56.808 | 69.202 |
Securities/Assets | .408 | .414 |
Total Equity/Total Assets | .097 | .088 |
Tangible Equity/Tangible Assets | .068 | -.075 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 7,515 | 16,045 |
Tier 2 Capital | 761 | 1,672 |
Total Capital | 8,276 | 17,382 |
Total Risk Weighted Assets | 60,818 | 123,935 |
Leverage Ratio | 7.13 | 8.948 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12.36 | 14.072 |
Total Capital Ratio | 13.61 | 15.213 |
Timeline for Western Bank
Pinnacle Bancorp, Inc.
Pinnacle Bancorp, Inc. became a new parent organization for Western Bank.
View Profile Jan 21 2000First Place Financial Corporation
First Place Financial Corporation became a new parent organization for Western Bank.
View Profile Aug 30 1995Western Bank
Western Bank was established 50 years ago and is currently headquartered in Gallup, NM.
Mar 04 1974Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bank Of Colorado | Buyer | 3,203,351 | Pooling of Interests | Discontinued | 3/12/2005 |
Relationships | Role | Relationship Start | Relationship End |
Pinnacle Bancorp, Inc. | Parent | 1/21/2000 | 3/11/2005 |
First Place Financial Corporation | Parent | 8/30/1995 | 1/20/2000 |
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