Equitable Savings and Loan Association in city_name, state_name

Equitable Savings and Loan Association in Sterling, Colorado (CO)
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Equitable Savings and Loan Association - Overview

General
FDIC Certificate #: 30707
Status: Active
Federal Reserve ID: 206473
Date Established: January 01, 1921
WWW: http://www.equitable-savings.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 10 (Domestic: 10, Interstate: No)
OTS Docket #: 5778
FDIC's unique #: 43541
Numeric code: 35
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Mortgage Lending Specialization
Date of Deposit Insurance: August 10, 1954
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
Location
Address: 221 N 3rd St, Sterling, CO 80751
County: Logan
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
Core Based Statistical Area (CBSA): Sterling, CO (#44540)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $181.0 mil
Equity capital: $22.9 mil
Deposits held in domestic offices: $141.8 mil
Return on assets (ROA): 0.84% ($1.5 mil)
Quarterly return on assets: 0.82% ($1.5 mil)
Return on Equity (ROE): 6.68% ($1.5 mil)
Quarterly return on equity: 6.42% ($1.5 mil)
Net income: $1.5 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.34% ($2,425.2 mil)
Quarterly Pretax return on assets: 1.30% ($2,352.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
54Total employees (full-time equivalent)
$180,986Total assets
$1,474Cash and due from depository institutions
$0Interest-bearing balances
$7,860Securities
$8,500Federal funds sold & reverse repurchase agreements
$157,496Net loans & leases
$90Loan loss allowance
$0Trading account assets
$1,212Bank premises and fixed assets
$409Other real estate owned
$349Goodwill and other intangibles
$180,986Life insurance assets
$3,686All other assets
$158,037Total liabilities and capital
$141,816Total liabilities
$136,659Total deposits
$141,816Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$15,000Trading liabilities
$0Other borrowed funds
$1,221Subordinated debt
$22,949All other liabilities
$22,949Total equity capital
$22,949Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$0Surplus
$22,449Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$782Income earned, not collected on loans
$0Earning assets
$540Long-term assets (5+ years)
$173,856Average Assets, year-to-date
$0Average Assets, quarterly
$178,174Volatile liabilities
$179,549Insider loans
$86,885FHLB advances
$180,419Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$22,592Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$964Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,548Total interest income
$2,139Total interest expense
$6,409Net interest income
$180Provision for loan and lease losses
$619Total noninterest income
$0Fiduciary activities
$90Service charges on deposit accounts
$0Trading account gains & fees
$529Additional noninterest income
$4,458Total noninterest expense
$2,782Salaries and employee benefits
$778Premises and equipment expense
$898Additional noninterest expense
$2,390Pre-tax net operating income
$0Securities gains (losses)
$887Applicable income taxes
$1,503Income before extraordinary items
$0Extraordinary gains - net
$1,503Net income attributable to bank
$0Net charge-offs
$1,503Cash dividends
$180Sale, conversion, retirement of capital stock, net
$500Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.00%Yield on earning assets
1.25%Cost of funding earning assets
3.75%Net interest margin
0.36%Noninterest income to earning assets
2.61%Noninterest expense to earning assets
0.84%Net operating income to assets
0.84%Return on assets (ROA)
1.34%Pretax return on assets
6.68%Return on equity (ROE)
4.46%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
14.28%Efficiency ratio
63,432Assets per employee
3.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.27%Loss allowance to loans
0.06%Loss allowance to noncurrent loans
11.51%Noncurrent assets plus other real estate owned to assets
0.66%Noncurrent loans to loans
0.50%Net loans and leases to deposits
111.06%Net loans and leases to core deposits
118.26%Equity capital to assets
12.68%Core capital (leverage) ratio
12.52%Tier 1 risk-based capital ratio
26.00%Total risk-based capital ratio
Memoranda
$26Average assets
$178,174Average earning assets
$22,508Average equity
$170,928Average loans

List of branches

10 Colorado Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	43541	Equitable Savings And Loan Associati	221 N 3rd St, Sterling, CO 80751	January 01, 1921	Full Service Brick and Mortar
1	281801	14th And Lowell Branch	1420 Lowell Avenue, Burlington, CO 80807	January 01, 1921	Full Service Brick and Mortar
3	281802	331 Main Street Branch	331 Main Street, Fort Morgan, CO 80701	January 01, 1921	Full Service Brick and Mortar
4	281803	120 Cedar Street Branch	120 Cedar Street, Julesburg, CO 80737	January 01, 1921	Full Service Brick and Mortar
5	281804	201 Main Street Branch	201 Main Avenue, Akron, CO 80720	January 01, 1921	Full Service Brick and Mortar
6	281805	300 Main St Branch	300 Main Street, Wray, CO 80758	January 01, 1921	Full Service Brick and Mortar
7	281806	Yuma Branch	222 S. Main Street, Yuma, CO 80759	January 01, 1921	Full Service Brick and Mortar
100	281807	888 Main St Branch	888 Main Street, Limon, CO 80828	January 01, 1921	Full Service Brick and Mortar
101	495230	Fort Collins Branch	300 E Horsetooth Rd Ste 102, Fort Collins, CO 80525	July 01, 2007	Full Service Brick and Mortar
102	520575	Brush Branch	300 Main St, Brush, CO 80723	August 15, 2000	Full Service Brick and Mortar

Equitable Savings and Loan Association in Sterling, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Equitable Savings and Loan Association - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Equitable Savings and Loan Association in Sterling, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

Equitable Savings and Loan Association - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Equitable Savings and Loan Association in Sterling, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches