FDIC Certificate #: 57571 Status: Active Federal Reserve ID: 3220863 Bank Holding Company (Regulatory Top Holder): Continental Bancorporation (RSSDID: 3191459, Location: Salt Lake City, UT) Date Established: November 03, 2003 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 365653 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: November 03, 2003 Last Structure Change Effective Date: October 06, 2009 Last Structure Change Process Date: October 06, 2009 Last Data Update: October 06, 2009 Data Source Date: April 05, 2012
Location
Address: 15 West South Temple, Suite 420, Salt Lake City, UT 84101 County: Salt Lake Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160) Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482) Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620) CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
Financial Summary
Total assets: $113.7 mil Equity capital: $28.4 mil Deposits held in domestic offices: $84.0 mil Return on assets (ROA): 9.63% ($11.0 mil) Quarterly return on assets: 10.78% ($12.3 mil) Return on Equity (ROE): 43.89% ($12.3 mil) Quarterly return on equity: 43.03% ($12.0 mil) Net income: $10.3 mil Quarterly Net income: $3.0 mil Pretax return on assets: 9.78% ($11,119.9 mil) Quarterly Pretax return on assets: 11.20% ($12,734.4 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
15Total employees (full-time equivalent)
$113,700Total assets
$8,154Cash and due from depository institutions
$7,853Interest-bearing balances
$3,651Securities
$256Federal funds sold & reverse repurchase agreements
$94,721Net loans & leases
$2,415Loan loss allowance
$0Trading account assets
$35Bank premises and fixed assets
$2,508Other real estate owned
$0Goodwill and other intangibles
$113,700Life insurance assets
$4,375All other assets
$85,321Total liabilities and capital
$84,013Total liabilities
$84,013Total deposits
$84,013Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,308Subordinated debt
$28,379All other liabilities
$28,379Total equity capital
$28,379Total bank equity capital
$0Perpetual preferred stock
$737Common stock
$11,547Surplus
$16,095Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,373Income earned, not collected on loans
$0Earning assets
$752Long-term assets (5+ years)
$106,481Average Assets, year-to-date
$18,057Average Assets, quarterly
$107,101Volatile liabilities
$110,714Insider loans
$105,258FHLB advances
$103,534Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$28,379Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,453Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$15,362Total interest income
$1,352Total interest expense
$14,010Net interest income
$0Provision for loan and lease losses
$812Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$812Additional noninterest income
$4,348Total noninterest expense
$3,113Salaries and employee benefits
$143Premises and equipment expense
$1,092Additional noninterest expense
$10,474Pre-tax net operating income
$0Securities gains (losses)
$158Applicable income taxes
$10,316Income before extraordinary items
$0Extraordinary gains - net
$10,316Net income attributable to bank
$0Net charge-offs
$10,316Cash dividends
$836Sale, conversion, retirement of capital stock, net
$7,730Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
15.04%Yield on earning assets
1.32%Cost of funding earning assets
13.71%Net interest margin
0.79%Noninterest income to earning assets
4.26%Noninterest expense to earning assets
9.63%Net operating income to assets
9.63%Return on assets (ROA)
9.78%Pretax return on assets
43.89%Return on equity (ROE)
11.00%Retained earnings to average equity (YTD only)
0.89%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
12.53%Efficiency ratio
29,335Assets per employee
7.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
74.93%Loss allowance to loans
2.49%Loss allowance to noncurrent loans
101.77%Noncurrent assets plus other real estate owned to assets
4.29%Noncurrent loans to loans
2.44%Net loans and leases to deposits
112.75%Net loans and leases to core deposits
287.41%Equity capital to assets
24.96%Core capital (leverage) ratio
27.41%Tier 1 risk-based capital ratio
26.96%Total risk-based capital ratio
Memoranda
$28Average assets
$107,101Average earning assets
$23,506Average equity
$102,162Average loans
List of branches
1 Utah Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
365653
Continental Bank
15 West South Temple, Suite 420, Salt Lake City, UT 84101
November 03, 2003
Full Service Brick and Mortar
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