FDIC Certificate #: 22754 Status: Inactive Closing history: Corrections Acquiring institution:Central Bank and Trust (#529) Federal Reserve ID: 558257 Date Established: November 24, 1978 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 15758 FDIC's unique #: 15888 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 24, 1978 Last Structure Change Effective Date: July 10, 2009 Last Structure Change Process Date: July 13, 2009 Last Data Update: July 13, 2009 Data Source Date: April 05, 2012
Location
Address: 435 Arapahoe Street, Thermopolis, WY 82443 County: Hot Springs Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Billings Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $70.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
30Total employees (full-time equivalent)
$118,376Total assets
$5,959Cash and due from depository institutions
$3,826Interest-bearing balances
$12,560Securities
$6,790Federal funds sold & reverse repurchase agreements
$85,081Net loans & leases
$1,591Loan loss allowance
$0Trading account assets
$4,203Bank premises and fixed assets
$382Other real estate owned
$0Goodwill and other intangibles
$1,213Life insurance assets
$3,401All other assets
$118,376Total liabilities and capital
$110,286Total liabilities
$100,890Total deposits
$84,913Interest-bearing deposits
$100,890Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$8,732Other borrowed funds
$0Subordinated debt
$664All other liabilities
$8,090Total equity capital
$8,090Total bank equity capital
$8,090Perpetual preferred stock
$0Common stock
$524Surplus
$6,018Undivided profits
Memoranda
$1,548Noncurrent loans and leases
$6,178Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$12,519Earning assets
$0Long-term assets (5+ years)
$1,313Average Assets, year-to-date
$108,257Average Assets, quarterly
$8,245Volatile liabilities
$115,540Insider loans
$117,561FHLB advances
$18,486Loans and leases held for sale
$33Unused loan commitments
$8,732Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,178Total unused commitments
$0Restructured Loans and leases
$1,114Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$7,449Total interest income
$3,163Total interest expense
$4,286Net interest income
$2,757Provision for loan and lease losses
$826Total noninterest income
$0Fiduciary activities
$342Service charges on deposit accounts
$0Trading account gains & fees
$484Additional noninterest income
$3,831Total noninterest expense
$2,100Salaries and employee benefits
$410Premises and equipment expense
$1,321Additional noninterest expense
-$1,476Pre-tax net operating income
$48Securities gains (losses)
$0Applicable income taxes
-$1,428Income before extraordinary items
$0Extraordinary gains - net
-$1,428Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,835Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.10%Yield on earning assets
3.02%Cost of funding earning assets
4.09%Net interest margin
0.79%Noninterest income to earning assets
3.65%Noninterest expense to earning assets
-1.28%Net operating income to assets
-1.24%Return on assets (ROA)
-1.24%Pretax return on assets
-15.40%Return on equity (ROE)
-15.40%Retained earnings to average equity (YTD only)
2.09%Net charge-offs to loans
150.25%Credit loss provision to net charge-offs
0.70%Efficiency ratio
74,941Assets per employee
3.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.84%Loss allowance to noncurrent loans
12.71%Noncurrent assets plus other real estate owned to assets
10.90%Noncurrent loans to loans
14.44%Net loans and leases to deposits
84.33%Net loans and leases to core deposits
97.89%Equity capital to assets
6.83%Core capital (leverage) ratio
6.69%Tier 1 risk-based capital ratio
9.13%Total risk-based capital ratio
Memoranda
$10Average assets
$115,540Average earning assets
$9,272Average equity
$104,864Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Wyoming.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: