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Overview / Commentary
303-397-4730
8502 East Princess Drive, Suite 150
Scottsdale, AZ 85255

Nordstrom fsb is headquartered in Scottsdale and is the 9th largest bank in the state of Arizona. It is also the 2,586th largest bank in the nation. It was established in 1991 and as of December of 2013, it had grown to 563 employees at 1 location. Nordstrom fsb has a A+ health rating.

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Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Nordstrom fsb had $1.13 million in non-current loans and owned real-estate with $128.18 million in equity and loan loss allowances on hand to cover it. This gives Nordstrom fsb a Texas Ratio of 0.88% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Nordstrom fsb experienced no significant changes from 0.95% as of December 31, 2012 to 0.88% as of December 31, 2013, resulting in a positive change of 7.84%.This indicates that the balance sheet and financial strength for Nordstrom fsb has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Nordstrom fsb has increased its total deposits by $1.1 million, resulting in 1.87% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Nordstrom fsb has shown is above average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Nordstrom fsb has $246.36 million in assets with $128.18 million in equity, resulting in a capitalization level of 52.03%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #33497
Year Established1991
Employees563
Primary RegulatorOCC
Assets and Liabilities
Assets$246.37 million
Loans$144.75 million
Deposits$59.81 million
Equity Capital$123.58 million
Loan Loss Allowance$4.60 million
Unbacked Noncurrent Loans$1.13 million
Real Estate Owned$0
Historic Data - December 2012
Assets$244.41 million
Equity Capital$120.61 million
Loan Loss Allowance$5.70 million
Unbacked Noncurrent Loans$1.13 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin8.47%
Return on Assets47.97%
Return on Equity106.38%
Interest Income$17.07 million
Rates

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Locations


Nordstrom fsb Locations
Nordstrom FSB8502 East Princess Drive, Suite 150Scottsdale, AZ 85255