Century Bank-Academy at Hancock in Colorado Springs, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 25, 1994

Century Bank-Academy at Hancock in Colorado Springs, Colorado (CO)
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Century Bank-Academy at Hancock - Overview

General
FDIC Certificate #: 23714
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Keybank National Association (#13447)
Federal Reserve ID: 719151
Date Established: March 02, 1982
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
FDIC's unique #: 16584
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: March 02, 1982
Last Structure Change Effective Date: March 25, 1994
Last Structure Change Process Date: April 18, 1994
Last Data Update: April 18, 1994
Data Source Date: April 05, 2012
Location
Address: 3085 South Academy Boulevard, Colorado Springs, CO 80916
County: El Paso
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): Colorado Springs, CO (#1720)
Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820)
CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
Financial Summary
Total assets: $33.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$17Total assets
$33,688Cash and due from depository institutions
$4,910Interest-bearing balances
$0Securities
$4,190Federal funds sold & reverse repurchase agreements
$7,236Net loans & leases
$16,608Loan loss allowance
$453Trading account assets
$0Bank premises and fixed assets
$471Other real estate owned
$71Goodwill and other intangibles
$202Life insurance assets
$0All other assets
$0Total liabilities and capital
$33,688Total liabilities
$31,935Total deposits
$31,741Interest-bearing deposits
$16,530Deposits held in domestic offices
31741.00%% insured (estimated)
$74Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$194Total equity capital
$194Total bank equity capital
$1,753Perpetual preferred stock
$0Common stock
$500Surplus
$418Undivided profits
Memoranda
$835Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1Income earned, not collected on loans
$89Earning assets
$28,034Long-term assets (5+ years)
$400Average Assets, year-to-date
$29,159Average Assets, quarterly
$32,735Volatile liabilities
$854Insider loans
$1FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,866Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,753Total risk weighted assets
$19,121Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$2,010Total interest expense
$461Net interest income
$1,549Provision for loan and lease losses
$96Total noninterest income
$546Fiduciary activities
$0Service charges on deposit accounts
$447Trading account gains & fees
$0Additional noninterest income
$99Total noninterest expense
$1,491Salaries and employee benefits
$571Premises and equipment expense
$337Additional noninterest expense
$583Pre-tax net operating income
$508Securities gains (losses)
$0Applicable income taxes
$108Income before extraordinary items
$400Extraordinary gains - net
$0Net income attributable to bank
$400Net charge-offs
$54Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.55%Cost of funding earning assets
1.96%Net interest margin
6.59%Noninterest income to earning assets
2.32%Noninterest expense to earning assets
6.34%Net operating income to assets
1.37%Return on assets (ROA)
1.37%Pretax return on assets
1.74%Return on equity (ROE)
26.15%Retained earnings to average equity (YTD only)
26.15%Net charge-offs to loans
0.36%Credit loss provision to net charge-offs
177.78%Efficiency ratio
71,169Assets per employee
1.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.66%Loss allowance to noncurrent loans
45300.00%Noncurrent assets plus other real estate owned to assets
0.21%Noncurrent loans to loans
0.01%Net loans and leases to deposits
52.32%Net loans and leases to core deposits
53.77%Equity capital to assets
5.20%Core capital (leverage) ratio
5.48%Tier 1 risk-based capital ratio
9.17%Total risk-based capital ratio
Memoranda
$10Average assets
$29,159Average earning assets
$1,530Average equity
$23,506Average loans

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