FDIC Certificate #: 21614 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Home State Bank (#16902) Federal Reserve ID: 580959 Date Established: June 05, 1974 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 14642 FDIC's unique #: 14948 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: June 05, 1974 Last Structure Change Effective Date: October 12, 2002 Last Structure Change Process Date: November 13, 2002 Last Data Update: November 13, 2002 Data Source Date: April 05, 2012
Location
Address: 300e. 29th Street, Loveland, CO 80537 County: Larimer 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): Fort Collins-Loveland, CO (#2670) Core Based Statistical Area (CBSA): Fort Collins-Loveland, CO (#22660) CBSA Metro Statistical Area: Fort Collins-Loveland, CO (#22660)
Financial Summary
Total assets: $133.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2001)
Dollar figures in thousands
62Total employees (full-time equivalent)
$132,952Total assets
$4,516Cash and due from depository institutions
$1,407Interest-bearing balances
$8,762Securities
$4,485Federal funds sold & reverse repurchase agreements
$107,382Net loans & leases
$812Loan loss allowance
$0Trading account assets
$5,048Bank premises and fixed assets
$196Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,563All other assets
$132,952Total liabilities and capital
$122,356Total liabilities
$103,165Total deposits
$80,270Interest-bearing deposits
$103,165Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$18,350Other borrowed funds
$0Subordinated debt
$841All other liabilities
$10,596Total equity capital
$10,596Total bank equity capital
$10,596Perpetual preferred stock
$0Common stock
$200Surplus
$450Undivided profits
Memoranda
$9,946Noncurrent loans and leases
$17,334Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$20Earning assets
$0Long-term assets (5+ years)
$812Average Assets, year-to-date
$122,036Average Assets, quarterly
$15,693Volatile liabilities
$129,701Insider loans
$131,679FHLB advances
$8,933Loans and leases held for sale
$355Unused loan commitments
$18,350Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,334Total unused commitments
$0Restructured Loans and leases
$812Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$9,820Total interest income
$3,760Total interest expense
$6,060Net interest income
$212Provision for loan and lease losses
$1,536Total noninterest income
$0Fiduciary activities
$748Service charges on deposit accounts
$0Trading account gains & fees
$788Additional noninterest income
$4,577Total noninterest expense
$2,645Salaries and employee benefits
$490Premises and equipment expense
$1,442Additional noninterest expense
$2,807Pre-tax net operating income
$29Securities gains (losses)
$1,034Applicable income taxes
$1,802Income before extraordinary items
$0Extraordinary gains - net
$1,802Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$175Sale, conversion, retirement of capital stock, net
$128Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.31%Yield on earning assets
3.18%Cost of funding earning assets
5.13%Net interest margin
1.30%Noninterest income to earning assets
3.87%Noninterest expense to earning assets
1.38%Net operating income to assets
1.39%Return on assets (ROA)
2.19%Pretax return on assets
18.58%Return on equity (ROE)
17.26%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
121.14%Credit loss provision to net charge-offs
17.25%Efficiency ratio
60,255Assets per employee
2.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
7.10%Loss allowance to loans
0.75%Loss allowance to noncurrent loans
4060.00%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.02%Net loans and leases to deposits
104.09%Net loans and leases to core deposits
111.82%Equity capital to assets
7.97%Core capital (leverage) ratio
7.98%Tier 1 risk-based capital ratio
10.98%Total risk-based capital ratio
Memoranda
$12Average assets
$129,701Average earning assets
$9,698Average equity
$118,119Average loans
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