Bank of Monte Vista in Monte Vista, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 09, 2002

Bank of Monte Vista in Monte Vista, Colorado (CO)
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Bank of Monte Vista - Overview

General
FDIC Certificate #: 15556
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Sunflower Bank, National Association (#4767)
Federal Reserve ID: 461254
Date Established: August 27, 1936
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 9850
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: November 23, 1937
Last Structure Change Effective Date: September 09, 2002
Last Structure Change Process Date: October 21, 2002
Last Data Update: October 21, 2002
Data Source Date: April 05, 2012
Location
Address: 101 Adams Street, Monte Vista, CO 81144
County: Rio Grande
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: $75.8 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
34Total employees (full-time equivalent)
$67,599Total assets
$4,055Cash and due from depository institutions
$0Interest-bearing balances
$20,902Securities
$9,120Federal funds sold & reverse repurchase agreements
$31,576Net loans & leases
$838Loan loss allowance
$0Trading account assets
$416Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,530All other assets
$67,599Total liabilities and capital
$59,219Total liabilities
$56,625Total deposits
$45,358Interest-bearing deposits
$56,625Deposits held in domestic offices
0.00%% insured (estimated)
$2,249Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$345All other liabilities
$8,380Total equity capital
$8,380Total bank equity capital
$8,380Perpetual preferred stock
$0Common stock
$330Surplus
$1,250Undivided profits
Memoranda
$6,800Noncurrent loans and leases
$7,018Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$119Earning assets
$0Long-term assets (5+ years)
$1,031Average Assets, year-to-date
$61,598Average Assets, quarterly
$6,491Volatile liabilities
$63,356Insider loans
$64,417FHLB advances
$11,747Loans and leases held for sale
$20Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,018Total unused commitments
$0Restructured Loans and leases
$515Derivatives

Income and Expense (December 31, 2001)

Dollar figures in thousands
$4,313Total interest income
$1,627Total interest expense
$2,686Net interest income
$30Provision for loan and lease losses
$255Total noninterest income
$0Fiduciary activities
$174Service charges on deposit accounts
$0Trading account gains & fees
$81Additional noninterest income
$2,620Total noninterest expense
$1,848Salaries and employee benefits
$225Premises and equipment expense
$547Additional noninterest expense
$291Pre-tax net operating income
$0Securities gains (losses)
-$12Applicable income taxes
$303Income before extraordinary items
$0Extraordinary gains - net
$303Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$32Sale, conversion, retirement of capital stock, net
$528Net operating income

Performance and Condition Ratios (December 31, 2001)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.44%Yield on earning assets
2.81%Cost of funding earning assets
4.64%Net interest margin
0.44%Noninterest income to earning assets
4.52%Noninterest expense to earning assets
0.48%Net operating income to assets
0.48%Return on assets (ROA)
0.46%Pretax return on assets
3.59%Return on equity (ROE)
-2.67%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
93.75%Credit loss provision to net charge-offs
10.03%Efficiency ratio
89,085Assets per employee
1.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
174.26%Loss allowance to loans
2.59%Loss allowance to noncurrent loans
704.20%Noncurrent assets plus other real estate owned to assets
0.18%Noncurrent loans to loans
0.37%Net loans and leases to deposits
55.76%Net loans and leases to core deposits
67.00%Equity capital to assets
12.40%Core capital (leverage) ratio
13.01%Tier 1 risk-based capital ratio
20.29%Total risk-based capital ratio
Memoranda
$22Average assets
$63,356Average earning assets
$8,437Average equity
$57,934Average loans

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