FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION

15190 North Hayden Road
Scottsdale, AZ 85260

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58744
Date Established 2007
Assets $0.11 billion
Loans $0.06 billion
Deposits $0.09 billion
Capital $0.02 billion

FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION is an FDIC insured institution located in Scottsdale, AZ. It was founded in 2007 and has approximately $0.1 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 23.33
Multifamily
Mortgages
0.46
Credit Card Loans 0.00
Consumer Auto Loans 0.04
Small Business Loans 18.85
Construction and Development Loans 9.30
Commercial Real Estate 48.01
Commercial and Industrial Loans 19.39
Farm Loans 0.00

Deposit Rates

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

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Featured - Virginia Home Equity Line Of Credit Rates 2018

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Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More
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Note to FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION
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Branches

FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION Locations

Financial Details

FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION U.S. Bank Average
1.21% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION had $216,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $16,931,000 in equity and $871,000 in loans loss reserves. That gives it a Texas Ratio of 1.21%.

Return on Equity
FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION U.S. Bank Average
-2.52% 8.84%

FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION has a Return on Equity of -2.52% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION U.S. Bank Average
15.92% 12.21%

FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION has a Capitalization of 15.92% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION Balance Sheet Analysis

As of March 31, 2015, FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION had assets of $96,388,000, loans of $62,742,000, and deposits of $88,943,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.06 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.00 billion
LIABILITIES
Total deposits $0.09 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.00 billion
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.00 billion
      Shareholders’ Equity $0.11 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About First Scottsdale Bank, National Association

Branches and Savings

Is First Scottsdale Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #58744.

Why does First Scottsdale Bank, National Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Scottsdale Bank, National Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Scottsdale Bank, National Association a commercial bank?

Yes

Where are First Scottsdale Bank, National Association locations?

See branch locations nearby.

Is First Scottsdale Bank, National Association open on Saturdays?

Is First Scottsdale Bank, National Association open on Sundays?

What time does First Scottsdale Bank, National Association open?

What time does First Scottsdale Bank, National Association close?

Are First Scottsdale Bank, National Association ATMs Open 24/7?

Do First Scottsdale Bank, National Association ATMs accept cash deposits?

Can First Scottsdale Bank, National Association customers use other ATMs?

Do First Scottsdale Bank, National Association branches have notaries?

Will First Scottsdale Bank, National Association notarize my document?

What address for First Scottsdale Bank, National Association should I put for incoming ACH transfers?

Will the First Scottsdale Bank, National Association branch print checks?

Do First Scottsdale Bank, National Association checks expire?

Does First Scottsdale Bank, National Association require US citizenship to open account?

Can First Scottsdale Bank, National Association close my account?

Does First Scottsdale Bank, National Association Report to credit bureaus?

Does First Scottsdale Bank, National Association Use Equifax?

What is First Scottsdale Bank, National Association's ACH Routing Number?

What is First Scottsdale Bank, National Association's SWIFT code?

Products

Does First Scottsdale Bank, National Association offer mortgages?

Compare mortgage rates here.

Does First Scottsdale Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Scottsdale Bank, National Association offer personal loans?

Compare personal loan rates here.

Does First Scottsdale Bank, National Association offer student loans?

Will First Scottsdale Bank, National Association cash a check?

Will First Scottsdale Bank, National Association redeem a savings bond?

Does First Scottsdale Bank, National Association cash savings bonds?

Will First Scottsdale Bank, National Association cash money orders?

Can First Scottsdale Bank, National Association issue a money order?

Does First Scottsdale Bank, National Association do currency exchange?

Background on The Bank

Who owns First Scottsdale Bank, National Association?

How long has First Scottsdale Bank, National Association been around?

Can First Scottsdale Bank, National Association transfer to other banks?

Does First Scottsdale Bank, National Association have quick pay?

Does First Scottsdale Bank, National Association accept rolled coins?

Will First Scottsdale Bank, National Association accept loose change?

Where is First Scottsdale Bank, National Association headquarters?

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