FDIC Certificate #: 33627 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Commercial Federal Bank, a Federal Savings Bank (#30341) Federal Reserve ID: 421472 Date Established: July 14, 1992 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1820 FDIC's unique #: 47691 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: July 14, 1992 Last Structure Change Effective Date: August 14, 1998 Last Structure Change Process Date: October 08, 1998 Last Data Update: October 08, 1998 Data Source Date: April 05, 2012
Location
Address: 215 South Wadsworth Boulevard, Lakewood, CO 80226 County: Jefferson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Kansas City FDIC Field Office: Denver Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Denver, CO (#2080) Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34) Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216) Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740) CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
Financial Summary
Total assets: $1,547.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
367Total employees (full-time equivalent)
$1,556,122Total assets
$44,819Cash and due from depository institutions
$8,100Interest-bearing balances
$296,277Securities
$0Federal funds sold & reverse repurchase agreements
$1,163,539Net loans & leases
$4,669Loan loss allowance
$0Trading account assets
$23,606Bank premises and fixed assets
$1,417Other real estate owned
$5,044Goodwill and other intangibles
$0Life insurance assets
$21,420All other assets
$1,556,122Total liabilities and capital
$1,359,565Total liabilities
$1,211,880Total deposits
$1,126,634Interest-bearing deposits
$1,211,880Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$141,052Other borrowed funds
$0Subordinated debt
$6,633All other liabilities
$196,557Total equity capital
$196,557Total bank equity capital
$196,557Perpetual preferred stock
$0Common stock
$100Surplus
$93,021Undivided profits
Memoranda
$103,436Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,113Earning assets
$0Long-term assets (5+ years)
$5,808Average Assets, year-to-date
$1,467,916Average Assets, quarterly
$0Volatile liabilities
$1,521,149Insider loans
$1,534,520FHLB advances
$304,497Loans and leases held for sale
$644Unused loan commitments
$122,410Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$52,103Total unused commitments
$0Restructured Loans and leases
$829,433Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$107,034Total interest income
$60,361Total interest expense
$46,673Net interest income
-$767Provision for loan and lease losses
$7,613Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$7,613Additional noninterest income
$25,652Total noninterest expense
$15,771Salaries and employee benefits
$3,707Premises and equipment expense
$6,174Additional noninterest expense
$29,401Pre-tax net operating income
$1,232Securities gains (losses)
$11,379Applicable income taxes
$19,254Income before extraordinary items
$0Extraordinary gains - net
$19,254Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1,372Sale, conversion, retirement of capital stock, net
$17,000Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.43%Yield on earning assets
4.19%Cost of funding earning assets
3.24%Net interest margin
0.53%Noninterest income to earning assets
1.78%Noninterest expense to earning assets
1.21%Net operating income to assets
1.27%Return on assets (ROA)
2.01%Pretax return on assets
10.54%Return on equity (ROE)
1.23%Retained earnings to average equity (YTD only)
-0.12%Net charge-offs to loans
55.90%Credit loss provision to net charge-offs
0.00%Efficiency ratio
46,682Assets per employee
4.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
88.29%Loss allowance to loans
0.40%Loss allowance to noncurrent loans
220.97%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.18%Net loans and leases to deposits
96.01%Net loans and leases to core deposits
110.98%Equity capital to assets
12.63%Core capital (leverage) ratio
12.49%Tier 1 risk-based capital ratio
23.40%Total risk-based capital ratio
Memoranda
$24Average assets
$1,521,149Average earning assets
$182,609Average equity
$1,440,028Average loans
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