Bank of Colorado - Western Slope - Glenwood Springs in Glenwood Springs, Colorado (CO)
Table of contents:
| Bank of Colorado - Western Slope - Glenwood Springs | |
|---|---|
| General | FDIC Certificate #: 18735 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Bank of Colorado - Western Slope (#22061) Federal Reserve ID: 311555 Date Established: April 01, 1963 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) FDIC's unique #: 12602 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: April 01, 1963 Last Structure Change Effective Date: August 01, 1993 Last Structure Change Process Date: August 16, 1993 Last Data Update: August 16, 1993 Data Source Date: April 05, 2012 |
| Location | Address: 901 Grand Avenue, Glenwood Springs, CO 81601 County: Garfield Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Denver Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western |
| Financial Summary | Total assets: $43.9 mil |
| Assets and Liabilities (December 31, 1992) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $27 |
| Cash and due from depository institutions | $50,366 |
| Interest-bearing balances | $3,210 |
| Securities | $1,000 |
| Federal funds sold & reverse repurchase agreements | $19,589 |
| Net loans & leases | $6,074 |
| Loan loss allowance | $18,893 |
| Trading account assets | $681 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $1,798 |
| Goodwill and other intangibles | $22 |
| All other assets | $0 |
| Life insurance assets | $780 |
| Total liabilities and capital | $0 |
| Total liabilities | $50,366 |
| Total deposits | $46,843 |
| Interest-bearing deposits | $46,437 |
| Deposits held in domestic offices | $39,192 |
| % insured (estimated) | 46437.00% |
| Federal funds purchased & repurchase agreements | $75 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $406 |
| Total bank equity capital | $406 |
| Perpetual preferred stock | $3,523 |
| Common stock | $0 |
| Surplus | $1,000 |
| Undivided profits | $2,071 |
| Memoranda | |
| Noncurrent loans and leases | $452 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $248 |
| Earning assets | $130 |
| Long-term assets (5+ years) | $45,556 |
| Average Assets, year-to-date | $3,648 |
| Average Assets, quarterly | $52,343 |
| Volatile liabilities | $51,784 |
| Insider loans | $2,950 |
| FHLB advances | $0 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $117 |
| Tier 1 (core) risk-based capital | $2,597 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $3,523 |
| Total unused commitments | $21,863 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1992) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $3,657 |
| Net interest income | $1,538 |
| Provision for loan and lease losses | $2,119 |
| Total noninterest income | $50 |
| Fiduciary activities | $524 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $375 |
| Additional noninterest income | $0 |
| Total noninterest expense | $149 |
| Salaries and employee benefits | $2,052 |
| Premises and equipment expense | $830 |
| Additional noninterest expense | $238 |
| Pre-tax net operating income | $984 |
| Securities gains (losses) | $541 |
| Applicable income taxes | $1 |
| Income before extraordinary items | $164 |
| Extraordinary gains - net | $378 |
| Net income attributable to bank | $0 |
| Net charge-offs | $378 |
| Cash dividends | $126 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1992) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.92% |
| Net interest margin | 3.33% |
| Noninterest income to earning assets | 4.59% |
| Noninterest expense to earning assets | 1.13% |
| Net operating income to assets | 4.44% |
| Return on assets (ROA) | 0.72% |
| Pretax return on assets | 0.72% |
| Return on equity (ROE) | 1.04% |
| Retained earnings to average equity (YTD only) | 11.33% |
| Net charge-offs to loans | 11.33% |
| Credit loss provision to net charge-offs | 0.55% |
| Efficiency ratio | 39.68% |
| Assets per employee | $77,639 |
| Cash dividends to net income (YTD only) | 1.87% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 3.48% |
| Noncurrent assets plus other real estate owned to assets | 274.60% |
| Noncurrent loans to loans | 0.54% |
| Net loans and leases to deposits | 1.27% |
| Net loans and leases to core deposits | 40.69% |
| Equity capital to assets | 43.45% |
| Core capital (leverage) ratio | 6.99% |
| Tier 1 risk-based capital ratio | 6.91% |
| Total risk-based capital ratio | 16.11% |
| Memoranda | |
| Average assets | $17 |
| Average earning assets | $52,343 |
| Average equity | $3,337 |
| Average loans | $46,189 |
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