Cherry Creek National Bank - 17th Street in Denver, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1993

  • Cherry Creek National Bank - 17th Street in Denver, Colorado (CO)
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Cherry Creek National Bank - 17th Street - Overview

  • General
  • FDIC Certificate #: 19321
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: WestStar Bank (#22572)
    Federal Reserve ID: 950655
    Date Established: December 17, 1964
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 13133
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 17, 1964
    Last Structure Change Effective Date: January 01, 1993
    Last Structure Change Process Date: January 12, 1993
    Last Data Update: January 12, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 444 17th Street, Denver, CO 80202
    County: Denver
    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): Denver, CO (#2080)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • Financial Summary
  • Total assets: $24.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $19Total assets
  • $24,781Cash and due from depository institutions
  • $2,930Interest-bearing balances
  • $0Securities
  • $9,275Federal funds sold & reverse repurchase agreements
  • $2,120Net loans & leases
  • $8,225Loan loss allowance
  • $215Trading account assets
  • $0Bank premises and fixed assets
  • $533Other real estate owned
  • $926Goodwill and other intangibles
  • $772Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $24,781Total liabilities
  • $22,206Total deposits
  • $22,101Interest-bearing deposits
  • $16,309Deposits held in domestic offices
  • 22101.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $105Total equity capital
  • $105Total bank equity capital
  • $2,575Perpetual preferred stock
  • $0Common stock
  • $1,923Surplus
  • $652Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $196Income earned, not collected on loans
  • $54Earning assets
  • $19,620Long-term assets (5+ years)
  • $3,191Average Assets, year-to-date
  • $25,562Average Assets, quarterly
  • $25,036Volatile liabilities
  • $2,242Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,395Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,575Total risk weighted assets
  • $11,326Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,565Total interest expense
  • $656Net interest income
  • $909Provision for loan and lease losses
  • -$266Total noninterest income
  • $683Fiduciary activities
  • $0Service charges on deposit accounts
  • $253Trading account gains & fees
  • $0Additional noninterest income
  • $430Total noninterest expense
  • $2,051Salaries and employee benefits
  • $560Premises and equipment expense
  • $309Additional noninterest expense
  • $1,182Pre-tax net operating income
  • -$193Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • -$193Extraordinary gains - net
  • $0Net income attributable to bank
  • -$193Net charge-offs
  • -$5Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.07%Cost of funding earning assets
  • 3.38%Net interest margin
  • 4.69%Noninterest income to earning assets
  • 3.52%Noninterest expense to earning assets
  • 10.57%Net operating income to assets
  • -0.76%Return on assets (ROA)
  • -0.76%Pretax return on assets
  • -0.76%Return on equity (ROE)
  • -7.18%Retained earnings to average equity (YTD only)
  • -7.18%Net charge-offs to loans
  • -0.06%Credit loss provision to net charge-offs
  • 5320.00%Efficiency ratio
  • 128,832Assets per employee
  • 1.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.55%Loss allowance to noncurrent loans
  • 109.69%Noncurrent assets plus other real estate owned to assets
  • 4.53%Noncurrent loans to loans
  • 2.32%Net loans and leases to deposits
  • 37.22%Net loans and leases to core deposits
  • 41.42%Equity capital to assets
  • 10.39%Core capital (leverage) ratio
  • 10.55%Tier 1 risk-based capital ratio
  • 22.74%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $25,562Average earning assets
  • $2,690Average equity
  • $19,399Average loans

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