First National Bank of Colorado Springs in Colorado Springs, Colorado (CO)
Table of contents:
| First National Bank of Colorado Springs | |
|---|---|
| General | FDIC Certificate #: 23760 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Bank of Colorado (#16980) Federal Reserve ID: 716552 Date Established: March 29, 1982 WWW: http://www.fnbcos.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) FDIC's unique #: 16611 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: March 29, 1982 Last Structure Change Effective Date: July 01, 2004 Last Structure Change Process Date: August 05, 2004 Last Data Update: August 05, 2004 Data Source Date: April 05, 2012 |
| Location | Address: 4328 Edison Avenue, Colorado Springs, CO 80915 County: El Paso 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 Metropolitan Statistical Area (MSA): Colorado Springs, CO (#1720) Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820) CBSA Metro Statistical Area: Colorado Springs, CO (#17820) |
| Financial Summary | Total assets: $74.9 mil |
| Assets and Liabilities (December 31, 2003) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 30 |
| Total assets | $79,560 |
| Cash and due from depository institutions | $9,506 |
| Interest-bearing balances | $3,600 |
| Securities | $7,559 |
| Federal funds sold & reverse repurchase agreements | $12,945 |
| Net loans & leases | $45,356 |
| Loan loss allowance | $542 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,291 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $408 |
| All other assets | $495 |
| Life insurance assets | $0 |
| Total liabilities and capital | $79,560 |
| Total liabilities | $73,522 |
| Total deposits | $72,217 |
| Interest-bearing deposits | $52,742 |
| Deposits held in domestic offices | $72,217 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $1,050 |
| Subordinated debt | $0 |
| All other liabilities | $255 |
| Total equity capital | $6,038 |
| Total bank equity capital | $6,038 |
| Perpetual preferred stock | $6,038 |
| Common stock | $0 |
| Surplus | $500 |
| Undivided profits | $4,202 |
| Memoranda | |
| Noncurrent loans and leases | $1,336 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $14,814 |
| Income earned, not collected on loans | $0 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $163 |
| Average Assets, quarterly | $69,460 |
| Volatile liabilities | $5,849 |
| Insider loans | $79,429 |
| FHLB advances | $79,107 |
| Loans and leases held for sale | $9,925 |
| Unused loan commitments | $520 |
| Tier 1 (core) risk-based capital | $1,050 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $14,814 |
| Restructured Loans and leases | $0 |
| Derivatives | $542 |
| Income and Expense (December 31, 2003) (Dollar figures in thousands) | |
| Total interest income | $3,604 |
| Total interest expense | $696 |
| Net interest income | $2,908 |
| Provision for loan and lease losses | $82 |
| Total noninterest income | $443 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $238 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $205 |
| Total noninterest expense | $2,303 |
| Salaries and employee benefits | $1,273 |
| Premises and equipment expense | $330 |
| Additional noninterest expense | $700 |
| Pre-tax net operating income | $966 |
| Securities gains (losses) | $52 |
| Applicable income taxes | $318 |
| Income before extraordinary items | $700 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $700 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $22 |
| Net operating income | $115 |
| Performance and Condition Ratios (December 31, 2003) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.12% |
| Cost of funding earning assets | 0.99% |
| Net interest margin | 4.13% |
| Noninterest income to earning assets | 0.63% |
| Noninterest expense to earning assets | 3.27% |
| Net operating income to assets | 0.84% |
| Return on assets (ROA) | 0.88% |
| Pretax return on assets | 1.28% |
| Return on equity (ROE) | 12.21% |
| Retained earnings to average equity (YTD only) | 10.20% |
| Net charge-offs to loans | 0.05% |
| Credit loss provision to net charge-offs | 372.73% |
| Efficiency ratio | 47.64% |
| Assets per employee | $68,726 |
| Cash dividends to net income (YTD only) | 2.65% |
| Condition Ratios (%) | |
| Loss allowance to loans | 16.43% |
| Loss allowance to noncurrent loans | 1.18% |
| Noncurrent assets plus other real estate owned to assets | 0.00% |
| Noncurrent loans to loans | 0.00% |
| Net loans and leases to deposits | 0.00% |
| Net loans and leases to core deposits | 62.81% |
| Equity capital to assets | 72.81% |
| Core capital (leverage) ratio | 7.59% |
| Tier 1 risk-based capital ratio | 7.21% |
| Total risk-based capital ratio | 10.36% |
| Memoranda | |
| Average assets | $11 |
| Average earning assets | $79,429 |
| Average equity | $5,735 |
| Average loans | $70,332 |
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