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

This bank is inactive as of May 01, 1993

  • Colorado National Bank - Longmont in Longmont, Colorado (CO)
  • Show street view No street view available for this location

Colorado National Bank - Longmont - Overview

  • General
  • FDIC Certificate #: 3039
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Colorado National Bank (#3010)
    Federal Reserve ID: 457350
    Date Established: July 21, 1905
    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 #: 1934
    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 01, 1934
    Last Structure Change Effective Date: May 01, 1993
    Last Structure Change Process Date: May 26, 1993
    Last Data Update: May 26, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 436 Coffman Street, Longmont, CO 80501
    County: Boulder
    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): Boulder-Longmont, CO (#1125)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Boulder, CO (#14500)
    CBSA Metro Statistical Area: Boulder, CO (#14500)
  • Financial Summary
  • Total assets: $94.9 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $43Total assets
  • $94,355Cash and due from depository institutions
  • $9,931Interest-bearing balances
  • $5,000Securities
  • $35,779Federal funds sold & reverse repurchase agreements
  • $2,700Net loans & leases
  • $42,228Loan loss allowance
  • $1,558Trading account assets
  • $0Bank premises and fixed assets
  • $903Other real estate owned
  • $1,298Goodwill and other intangibles
  • $1,516Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $94,355Total liabilities
  • $89,087Total deposits
  • $88,557Interest-bearing deposits
  • $71,762Deposits held in domestic offices
  • 88557.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $530Total equity capital
  • $530Total bank equity capital
  • $5,268Perpetual preferred stock
  • $0Common stock
  • $900Surplus
  • $2,550Undivided profits
  • Memoranda
  • $1,818Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,229Income earned, not collected on loans
  • $252Earning assets
  • $85,707Long-term assets (5+ years)
  • $9,755Average Assets, year-to-date
  • $93,868Average Assets, quarterly
  • $93,693Volatile liabilities
  • $2,181Insider loans
  • $1,118FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $10,708Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,268Total risk weighted assets
  • $45,164Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,593Total interest expense
  • $3,011Net interest income
  • $3,582Provision for loan and lease losses
  • $575Total noninterest income
  • $998Fiduciary activities
  • $0Service charges on deposit accounts
  • $543Trading account gains & fees
  • $0Additional noninterest income
  • $455Total noninterest expense
  • $3,952Salaries and employee benefits
  • $1,257Premises and equipment expense
  • $637Additional noninterest expense
  • $2,058Pre-tax net operating income
  • $53Securities gains (losses)
  • $1Applicable income taxes
  • $9Income before extraordinary items
  • $45Extraordinary gains - net
  • $0Net income attributable to bank
  • $45Net charge-offs
  • $111Cash 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
  • 7.86%Cost of funding earning assets
  • 3.59%Net interest margin
  • 4.27%Noninterest income to earning assets
  • 1.19%Noninterest expense to earning assets
  • 4.71%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.05%Pretax return on assets
  • 0.06%Return on equity (ROE)
  • 0.93%Retained earnings to average equity (YTD only)
  • 0.93%Net charge-offs to loans
  • 0.27%Credit loss provision to net charge-offs
  • 518.02%Efficiency ratio
  • 86,288Assets per employee
  • 2.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.56%Loss allowance to noncurrent loans
  • 126.77%Noncurrent assets plus other real estate owned to assets
  • 2.68%Noncurrent loans to loans
  • 2.81%Net loans and leases to deposits
  • 47.68%Net loans and leases to core deposits
  • 48.89%Equity capital to assets
  • 5.58%Core capital (leverage) ratio
  • 5.62%Tier 1 risk-based capital ratio
  • 11.66%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $93,868Average earning assets
  • $4,851Average equity
  • $83,933Average 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 National Bank - Longmont.
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.
Table of Contents