First National Bank of Colorado Springs - Overview
General
FDIC Certificate #: 23760 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank of Colorado (#16980) Federal Reserve ID: 716552 Date Established: March 29, 1982 WWW:http://www.fnbcos.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) FDIC's unique #: 16611 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: March 29, 1982 Last Structure Change Effective Date: July 01, 2004 Last Structure Change Process Date: August 05, 2004 Last Data Update: August 05, 2004 Data Source Date: April 05, 2012
Location
Address: 4328 Edison Avenue, Colorado Springs, CO 80915 County: El Paso 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): Colorado Springs, CO (#1720) Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820) CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
Financial Summary
Total assets: $74.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
30Total employees (full-time equivalent)
$79,560Total assets
$9,506Cash and due from depository institutions
$3,600Interest-bearing balances
$7,559Securities
$12,945Federal funds sold & reverse repurchase agreements
$45,356Net loans & leases
$542Loan loss allowance
$0Trading account assets
$3,291Bank premises and fixed assets
$0Other real estate owned
$408Goodwill and other intangibles
$0Life insurance assets
$495All other assets
$79,560Total liabilities and capital
$73,522Total liabilities
$72,217Total deposits
$52,742Interest-bearing deposits
$72,217Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,050Other borrowed funds
$0Subordinated debt
$255All other liabilities
$6,038Total equity capital
$6,038Total bank equity capital
$6,038Perpetual preferred stock
$0Common stock
$500Surplus
$4,202Undivided profits
Memoranda
$1,336Noncurrent loans and leases
$14,814Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$163Average Assets, year-to-date
$69,460Average Assets, quarterly
$5,849Volatile liabilities
$79,429Insider loans
$79,107FHLB advances
$9,925Loans and leases held for sale
$520Unused loan commitments
$1,050Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$14,814Total unused commitments
$0Restructured Loans and leases
$542Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$3,604Total interest income
$696Total interest expense
$2,908Net interest income
$82Provision for loan and lease losses
$443Total noninterest income
$0Fiduciary activities
$238Service charges on deposit accounts
$0Trading account gains & fees
$205Additional noninterest income
$2,303Total noninterest expense
$1,273Salaries and employee benefits
$330Premises and equipment expense
$700Additional noninterest expense
$966Pre-tax net operating income
$52Securities gains (losses)
$318Applicable income taxes
$700Income before extraordinary items
$0Extraordinary gains - net
$700Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$22Sale, conversion, retirement of capital stock, net
$115Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.12%Yield on earning assets
0.99%Cost of funding earning assets
4.13%Net interest margin
0.63%Noninterest income to earning assets
3.27%Noninterest expense to earning assets
0.84%Net operating income to assets
0.88%Return on assets (ROA)
1.28%Pretax return on assets
12.21%Return on equity (ROE)
10.20%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
372.73%Credit loss provision to net charge-offs
47.64%Efficiency ratio
68,726Assets per employee
2.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
16.43%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
62.81%Net loans and leases to core deposits
72.81%Equity capital to assets
7.59%Core capital (leverage) ratio
7.21%Tier 1 risk-based capital ratio
10.36%Total risk-based capital ratio
Memoranda
$11Average assets
$79,429Average earning assets
$5,735Average equity
$70,332Average loans
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