FDIC Certificate #: 3062 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank of Colorado (#16980) Federal Reserve ID: 131258 Date Established: January 01, 1906 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 9871 FDIC's unique #: 1949 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: January 01, 1934 Last Structure Change Effective Date: December 19, 1998 Last Structure Change Process Date: January 07, 1999 Last Data Update: January 07, 1999 Data Source Date: April 05, 2012
Location
Address: 501 Main Street, Windsor, CO 80550 County: Weld Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Kansas City FDIC Field Office: Denver Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Greeley, CO (#3060) Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34) Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216) Core Based Statistical Area (CBSA): Greeley, CO (#24540) CBSA Metro Statistical Area: Greeley, CO (#24540)
Financial Summary
Total assets: $47.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
24Total employees (full-time equivalent)
$46,335Total assets
$1,925Cash and due from depository institutions
$7Interest-bearing balances
$12,264Securities
$1,100Federal funds sold & reverse repurchase agreements
$29,053Net loans & leases
$451Loan loss allowance
$0Trading account assets
$1,012Bank premises and fixed assets
$0Other real estate owned
$238Goodwill and other intangibles
$0Life insurance assets
$743All other assets
$46,335Total liabilities and capital
$42,185Total liabilities
$41,594Total deposits
$33,343Interest-bearing deposits
$41,594Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$250Other borrowed funds
$0Subordinated debt
$341All other liabilities
$4,150Total equity capital
$4,150Total bank equity capital
$4,150Perpetual preferred stock
$0Common stock
$300Surplus
$3,760Undivided profits
Memoranda
$90Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$171Earning assets
$0Long-term assets (5+ years)
$281Average Assets, year-to-date
$42,424Average Assets, quarterly
$6,513Volatile liabilities
$44,955Insider loans
$46,540FHLB advances
$6,421Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,099Total unused commitments
$0Restructured Loans and leases
$31,734Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,769Total interest income
$1,526Total interest expense
$2,243Net interest income
$40Provision for loan and lease losses
$217Total noninterest income
$0Fiduciary activities
$168Service charges on deposit accounts
$0Trading account gains & fees
$49Additional noninterest income
$1,493Total noninterest expense
$688Salaries and employee benefits
$220Premises and equipment expense
$585Additional noninterest expense
$927Pre-tax net operating income
$0Securities gains (losses)
$296Applicable income taxes
$631Income before extraordinary items
$0Extraordinary gains - net
$631Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$5Sale, conversion, retirement of capital stock, net
$653Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.20%Yield on earning assets
3.72%Cost of funding earning assets
5.47%Net interest margin
0.53%Noninterest income to earning assets
3.64%Noninterest expense to earning assets
1.40%Net operating income to assets
1.40%Return on assets (ROA)
2.06%Pretax return on assets
14.98%Return on equity (ROE)
-0.52%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-800.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
58,374Assets per employee
1.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
103.49%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
263.74%Noncurrent assets plus other real estate owned to assets
0.37%Noncurrent loans to loans
0.58%Net loans and leases to deposits
69.85%Net loans and leases to core deposits
82.02%Equity capital to assets
8.96%Core capital (leverage) ratio
8.30%Tier 1 risk-based capital ratio
12.27%Total risk-based capital ratio
Memoranda
$14Average assets
$44,955Average earning assets
$4,212Average equity
$40,980Average loans
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