Community Bank of Arizona
Phoenix, AZ · Owner: Community Bcorp
$159M
total assets, June 30, 2009
$159M
total assets, June 30, 2009
Community Bank of Arizona was a state nonmember bank in Phoenix, AZ, owned by Community Bcorp. It failed on Aug 14, 2009, and Midfirst Bank took over its deposits. At its last report it held $158.5 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2009
This bank failed
- Failed on
- Aug 14, 2009
- Assets
- $159M
- Deposits
- $144M
- Estimated cost
- $26.8M
- Deposits went to
- Midfirst Bank, Oklahoma City, OK
Total assets
$159M
+26.9% in a year · +13.6% in a quarter
Deposits
$144M
+92.8% in a year · +19.5% in a quarter
Loans
$78.5M
-26.8% in a year · -11.1% in a quarter
Profit so far
-$6.7M
Jan 1 to Jun 30, 2009
Capital ratio
8.62%
-12.52 pts in a year
Return on assets
-8.95%
-6.40 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2700 N. Central Avenue, Suite 200, Phoenix, AZ, 85004
- County
- Maricopa
- Holding company
- Community Bcorp
- Established
- Nov 25, 2003
- Failed
- Aug 14, 2009
- Employees
- 30
- Branches
- 4
- Id
- b57645
Quarter by quarter
December 31, 2003 to June 30, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Community Bank of Arizona?
$158.5 million in total assets and $143.8 million in deposits as of June 30, 2009, with assets up 26.9% from a year before. Its loans were $78.5 million.
How many branches does Community Bank of Arizona have?
4 branches in Arizona as of June 30, 2026.
Is Community Bank of Arizona profitable?
No: it lost $6.69 million from January 1 to June 30, 2009. Its return on assets was -8.95% a year; about 1% is typical.
Who owns Community Bank of Arizona?
Community Bank of Arizona is owned by Community Bcorp, its holding company.
When did Community Bank of Arizona fail?
Aug 14, 2009. Midfirst Bank of Oklahoma City, OK took over its deposits. The estimated cost of the failure was $26.8 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.