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

This bank is inactive as of November 30, 1995

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

Colorado Community First National Bank - Overview

General
FDIC Certificate #: 18906
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community First National Bank (#14297)
Federal Reserve ID: 810058
Date Established: October 07, 1963
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)
OTS Docket #: 10193
FDIC's unique #: 12754
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: October 07, 1963
Last Structure Change Effective Date: November 30, 1995
Last Structure Change Process Date: December 12, 1995
Last Data Update: December 12, 1995
Data Source Date: April 05, 2012
Location
Address: 14th And Martin Streets, Burlington, CO 80807
County: Kit Carson
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
Financial Summary
Total assets: $30.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$29,759Cash and due from depository institutions
$1,604Interest-bearing balances
$4Securities
$12,095Federal funds sold & reverse repurchase agreements
$150Net loans & leases
$14,729Loan loss allowance
$141Trading account assets
$0Bank premises and fixed assets
$336Other real estate owned
$0Goodwill and other intangibles
$517Life insurance assets
$328All other assets
$0Total liabilities and capital
$29,759Total liabilities
$26,868Total deposits
$25,696Interest-bearing deposits
$22,450Deposits held in domestic offices
25696.00%% insured (estimated)
$81Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,000Subordinated debt
$0All other liabilities
$172Total equity capital
$172Total bank equity capital
$2,891Perpetual preferred stock
$0Common stock
$200Surplus
$2,606Undivided profits
Memoranda
$85Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$155Earning assets
$26,978Long-term assets (5+ years)
$3,523Average Assets, year-to-date
$31,229Average Assets, quarterly
$29,802Volatile liabilities
$4,701Insider loans
$461FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,411Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,781Total risk weighted assets
$15,663Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,054Total interest expense
$778Net interest income
$1,276Provision for loan and lease losses
-$14Total noninterest income
$161Fiduciary activities
$0Service charges on deposit accounts
$117Trading account gains & fees
$0Additional noninterest income
$44Total noninterest expense
$775Salaries and employee benefits
$338Premises and equipment expense
$103Additional noninterest expense
$334Pre-tax net operating income
$676Securities gains (losses)
$8Applicable income taxes
$239Income before extraordinary items
$445Extraordinary gains - net
$0Net income attributable to bank
$445Net charge-offs
-$17Cash dividends
$332Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.18%Cost of funding earning assets
2.72%Net interest margin
4.46%Noninterest income to earning assets
0.56%Noninterest expense to earning assets
2.71%Net operating income to assets
1.41%Return on assets (ROA)
1.42%Pretax return on assets
2.19%Return on equity (ROE)
14.96%Retained earnings to average equity (YTD only)
3.80%Net charge-offs to loans
-0.12%Credit loss provision to net charge-offs
82.35%Efficiency ratio
52,053Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
74.61%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
57.32%Net loans and leases to core deposits
68.52%Equity capital to assets
9.71%Core capital (leverage) ratio
9.43%Tier 1 risk-based capital ratio
17.76%Total risk-based capital ratio
Memoranda
$19Average assets
$31,229Average earning assets
$2,974Average equity
$28,619Average 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.