Colorado Community First National Bank in Trinidad, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1997

Colorado Community First National Bank in Trinidad, Colorado (CO)
Show street view No street view available for this location

Colorado Community First National Bank - Overview

General
FDIC Certificate #: 14398
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community First National Bank (#14297)
Federal Reserve ID: 120551
Date Established: January 01, 1886
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
FDIC's unique #: 8997
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: May 15, 1934
Last Structure Change Effective Date: April 01, 1997
Last Structure Change Process Date: April 18, 1997
Last Data Update: April 18, 1997
Data Source Date: April 05, 2012
Location
Address: 125 North Commercial Street, Trinidad, CO 81082
County: Las Animas
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Kansas City
FDIC Field Office: Denver
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $73.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$25Total assets
$71,868Cash and due from depository institutions
$5,530Interest-bearing balances
$0Securities
$33,903Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$30,795Loan loss allowance
$337Trading account assets
$0Bank premises and fixed assets
$598Other real estate owned
$65Goodwill and other intangibles
$977Life insurance assets
$0All other assets
$0Total liabilities and capital
$71,868Total liabilities
$64,298Total deposits
$59,930Interest-bearing deposits
$52,808Deposits held in domestic offices
59930.00%% insured (estimated)
$81Federal funds purchased & repurchase agreements
$2,225Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$2,143Total equity capital
$2,143Total bank equity capital
$7,570Perpetual preferred stock
$0Common stock
$600Surplus
$750Undivided profits
Memoranda
$6,220Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$618Income earned, not collected on loans
$273Earning assets
$64,698Long-term assets (5+ years)
$11,142Average Assets, year-to-date
$69,618Average Assets, quarterly
$70,695Volatile liabilities
$16,941Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,620Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,576Total risk weighted assets
$36,591Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$5,011Total interest expense
$2,419Net interest income
$2,592Provision for loan and lease losses
$105Total noninterest income
$330Fiduciary activities
$0Service charges on deposit accounts
$229Trading account gains & fees
$0Additional noninterest income
$101Total noninterest expense
$1,341Salaries and employee benefits
$681Premises and equipment expense
$115Additional noninterest expense
$545Pre-tax net operating income
$1,476Securities gains (losses)
-$34Applicable income taxes
$519Income before extraordinary items
$923Extraordinary gains - net
$0Net income attributable to bank
$923Net charge-offs
$293Cash dividends
$1,500Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.73%Cost of funding earning assets
3.73%Net interest margin
4.00%Noninterest income to earning assets
0.51%Noninterest expense to earning assets
2.07%Net operating income to assets
1.36%Return on assets (ROA)
1.33%Pretax return on assets
2.07%Return on equity (ROE)
11.14%Retained earnings to average equity (YTD only)
-6.96%Net charge-offs to loans
1.13%Credit loss provision to net charge-offs
35.84%Efficiency ratio
45,448Assets per employee
2.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
162.51%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
54.53%Noncurrent assets plus other real estate owned to assets
0.95%Noncurrent loans to loans
1.99%Net loans and leases to deposits
51.38%Net loans and leases to core deposits
68.11%Equity capital to assets
10.53%Core capital (leverage) ratio
10.41%Tier 1 risk-based capital ratio
20.70%Total risk-based capital ratio
Memoranda
$22Average assets
$69,618Average earning assets
$8,285Average equity
$64,861Average 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 Colorado Community First National Bank.
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.