FDIC Certificate #: 20137 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Vectra Bank Colorado, National Association (#2993) Federal Reserve ID: 416058 Date Established: Febuary 09, 1970 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) OTS Docket #: 9707 FDIC's unique #: 13834 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: Febuary 09, 1970 Last Structure Change Effective Date: November 30, 1998 Last Structure Change Process Date: Febuary 03, 1999 Last Data Update: Febuary 03, 1999 Data Source Date: April 05, 2012
Location
Address: 3300 West 72nd Avenue, Westminster, CO 80030 County: Adams 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: $51.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
35Total employees (full-time equivalent)
$48,511Total assets
$3,251Cash and due from depository institutions
$79Interest-bearing balances
$12,639Securities
$4,085Federal funds sold & reverse repurchase agreements
$26,872Net loans & leases
$264Loan loss allowance
$0Trading account assets
$1,093Bank premises and fixed assets
$72Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$499All other assets
$48,511Total liabilities and capital
$43,882Total liabilities
$43,652Total deposits
$31,371Interest-bearing deposits
$43,652Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$230All other liabilities
$4,629Total equity capital
$4,629Total bank equity capital
$4,629Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$2,629Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$10Earning assets
$0Long-term assets (5+ years)
$161Average Assets, year-to-date
$43,675Average Assets, quarterly
$1,921Volatile liabilities
$46,836Insider loans
$47,408FHLB advances
$2,345Loans and leases held for sale
$1,983Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,406Total unused commitments
$0Restructured Loans and leases
$26,462Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,441Total interest income
$1,029Total interest expense
$2,412Net interest income
$0Provision for loan and lease losses
$539Total noninterest income
$0Fiduciary activities
$377Service charges on deposit accounts
$0Trading account gains & fees
$162Additional noninterest income
$1,712Total noninterest expense
$1,039Salaries and employee benefits
$218Premises and equipment expense
$455Additional noninterest expense
$1,239Pre-tax net operating income
$0Securities gains (losses)
$422Applicable income taxes
$817Income before extraordinary items
$0Extraordinary gains - net
$817Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$12Sale, conversion, retirement of capital stock, net
$535Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.19%Yield on earning assets
2.45%Cost of funding earning assets
5.74%Net interest margin
1.28%Noninterest income to earning assets
4.08%Noninterest expense to earning assets
1.74%Net operating income to assets
1.74%Return on assets (ROA)
2.65%Pretax return on assets
18.27%Return on equity (ROE)
6.31%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
103.25%Efficiency ratio
58,014Assets per employee
1.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
65.48%Loss allowance to loans
0.97%Loss allowance to noncurrent loans
2640.00%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.04%Net loans and leases to deposits
61.56%Net loans and leases to core deposits
65.05%Equity capital to assets
9.54%Core capital (leverage) ratio
9.70%Tier 1 risk-based capital ratio
17.39%Total risk-based capital ratio
Memoranda
$18Average assets
$46,836Average earning assets
$4,471Average equity
$42,012Average loans
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