Colorado National Bank - Belmont in Pueblo, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 24, 1993

Colorado National Bank - Belmont in Pueblo, Colorado (CO)
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Colorado National Bank - Belmont - Overview

General
FDIC Certificate #: 18681
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Colorado National Bank (#3010)
Federal Reserve ID: 528157
Date Established: January 09, 1963
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 #: 12555
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: January 09, 1963
Last Structure Change Effective Date: July 24, 1993
Last Structure Change Process Date: August 12, 1993
Last Data Update: August 12, 1993
Data Source Date: April 05, 2012
Location
Address: 1018 Constitution Road, Pueblo, CO 81001
County: Pueblo
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): Pueblo, CO (#6560)
Core Based Statistical Area (CBSA): Pueblo, CO (#39380)
CBSA Metro Statistical Area: Pueblo, CO (#39380)
Financial Summary
Total assets: $42.8 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$22Total assets
$46,650Cash and due from depository institutions
$3,794Interest-bearing balances
$1,000Securities
$17,013Federal funds sold & reverse repurchase agreements
$3,943Net loans & leases
$20,612Loan loss allowance
$675Trading account assets
$0Bank premises and fixed assets
$245Other real estate owned
$267Goodwill and other intangibles
$703Life insurance assets
$73All other assets
$0Total liabilities and capital
$46,650Total liabilities
$44,135Total deposits
$43,570Interest-bearing deposits
$37,699Deposits held in domestic offices
43570.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1Subordinated debt
$0All other liabilities
$564Total equity capital
$564Total bank equity capital
$2,515Perpetual preferred stock
$0Common stock
$500Surplus
$500Undivided profits
Memoranda
$1,515Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$700Income earned, not collected on loans
$149Earning assets
$42,568Long-term assets (5+ years)
$14,165Average Assets, year-to-date
$45,921Average Assets, quarterly
$46,142Volatile liabilities
$1,274Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,415Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,442Total risk weighted assets
$20,073Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$3,866Total interest expense
$1,636Net interest income
$2,230Provision for loan and lease losses
$170Total noninterest income
$610Fiduciary activities
$0Service charges on deposit accounts
$451Trading account gains & fees
$0Additional noninterest income
$159Total noninterest expense
$1,801Salaries and employee benefits
$574Premises and equipment expense
$193Additional noninterest expense
$1,034Pre-tax net operating income
$869Securities gains (losses)
-$3Applicable income taxes
$293Income before extraordinary items
$573Extraordinary gains - net
$0Net income attributable to bank
$573Net charge-offs
$139Cash dividends
$450Sale, 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
9.07%Cost of funding earning assets
3.84%Net interest margin
5.23%Noninterest income to earning assets
1.43%Noninterest expense to earning assets
4.23%Net operating income to assets
1.25%Return on assets (ROA)
1.25%Pretax return on assets
1.89%Return on equity (ROE)
23.04%Retained earnings to average equity (YTD only)
4.95%Net charge-offs to loans
0.64%Credit loss provision to net charge-offs
122.30%Efficiency ratio
62,923Assets per employee
2.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.53%Loss allowance to loans
3.17%Loss allowance to noncurrent loans
96.43%Noncurrent assets plus other real estate owned to assets
2.07%Noncurrent loans to loans
3.29%Net loans and leases to deposits
47.31%Net loans and leases to core deposits
48.73%Equity capital to assets
5.39%Core capital (leverage) ratio
5.34%Tier 1 risk-based capital ratio
12.17%Total risk-based capital ratio
Memoranda
$13Average assets
$45,921Average earning assets
$2,487Average equity
$42,627Average loans

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