Alpine Bank in Eagle, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 06, 1995

Alpine Bank in Eagle, Colorado (CO)
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Alpine Bank - Overview

General
FDIC Certificate #: 24473
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Alpine Bank (#23091)
Federal Reserve ID: 80851
Date Established: May 09, 1983
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 10464
FDIC's unique #: 17010
Numeric code: 21
Regulator: FDIC
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: May 09, 1983
Last Structure Change Effective Date: November 06, 1995
Last Structure Change Process Date: December 11, 1995
Last Data Update: December 11, 1995
Data Source Date: April 05, 2012
Location
Address: 205 East Chambers Avenue, Eagle, CO 81631
County: Eagle
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
Core Based Statistical Area (CBSA): Edwards, CO (#20780)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $22.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$20,232Cash and due from depository institutions
$848Interest-bearing balances
$12Securities
$2,501Federal funds sold & reverse repurchase agreements
$1,180Net loans & leases
$14,585Loan loss allowance
$165Trading account assets
$0Bank premises and fixed assets
$349Other real estate owned
$0Goodwill and other intangibles
$769Life insurance assets
$0All other assets
$0Total liabilities and capital
$20,232Total liabilities
$18,861Total deposits
$18,709Interest-bearing deposits
$15,628Deposits held in domestic offices
18709.00%% insured (estimated)
$80Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$152Total equity capital
$152Total bank equity capital
$1,371Perpetual preferred stock
$0Common stock
$400Surplus
$200Undivided profits
Memoranda
$771Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2Income earned, not collected on loans
$79Earning assets
$18,278Long-term assets (5+ years)
$1,914Average Assets, year-to-date
$19,619Average Assets, quarterly
$20,266Volatile liabilities
$1,972Insider loans
$30FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,606Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,416Total risk weighted assets
$13,760Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,612Total interest expense
$454Net interest income
$1,158Provision for loan and lease losses
$6Total noninterest income
$362Fiduciary activities
$0Service charges on deposit accounts
$262Trading account gains & fees
$0Additional noninterest income
$100Total noninterest expense
$1,082Salaries and employee benefits
$423Premises and equipment expense
$137Additional noninterest expense
$522Pre-tax net operating income
$432Securities gains (losses)
$0Applicable income taxes
$170Income before extraordinary items
$262Extraordinary gains - net
$0Net income attributable to bank
$262Net charge-offs
$3Cash dividends
$85Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.07%Cost of funding earning assets
2.56%Net interest margin
6.52%Noninterest income to earning assets
2.04%Noninterest expense to earning assets
6.09%Net operating income to assets
1.34%Return on assets (ROA)
1.34%Pretax return on assets
2.20%Return on equity (ROE)
19.99%Retained earnings to average equity (YTD only)
13.51%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
200.00%Efficiency ratio
71,184Assets per employee
1.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
32.44%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
8250.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
77.96%Net loans and leases to core deposits
87.14%Equity capital to assets
6.78%Core capital (leverage) ratio
6.91%Tier 1 risk-based capital ratio
10.29%Total risk-based capital ratio
Memoranda
$11Average assets
$19,619Average earning assets
$1,310Average equity
$17,767Average loans

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