First State Bank of Pinedale in Pinedale, Wyoming (WY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 18, 2008

  • First State Bank of Pinedale in Pinedale, Wyoming (WY)
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First State Bank of Pinedale - Overview

  • General
  • FDIC Certificate #: 18747
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank, National Association (#3511)
    Federal Reserve ID: 20259
    Date Established: April 06, 1963
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 12613
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 06, 1963
    Last Structure Change Effective Date: October 18, 2008
    Last Structure Change Process Date: December 03, 2008
    Last Data Update: December 03, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 61 East Pine Street, Pinedale, WY 82941
    County: Sublette
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Billings
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $115.9 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, 2007)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $100,996Total assets
  • $2,674Cash and due from depository institutions
  • $0Interest-bearing balances
  • $30,377Securities
  • $3,291Federal funds sold & reverse repurchase agreements
  • $53,658Net loans & leases
  • $677Loan loss allowance
  • $0Trading account assets
  • $3,736Bank premises and fixed assets
  • $0Other real estate owned
  • $5,871Goodwill and other intangibles
  • $0Life insurance assets
  • $1,389All other assets
  • $100,996Total liabilities and capital
  • $88,218Total liabilities
  • $88,006Total deposits
  • $63,269Interest-bearing deposits
  • $88,006Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12Other borrowed funds
  • $0Subordinated debt
  • $200All other liabilities
  • $12,778Total equity capital
  • $12,778Total bank equity capital
  • $12,778Perpetual preferred stock
  • $0Common stock
  • $73Surplus
  • $11,637Undivided profits
  • Memoranda
  • $1,068Noncurrent loans and leases
  • $14,685Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,722Earning assets
  • $0Long-term assets (5+ years)
  • $623Average Assets, year-to-date
  • $87,326Average Assets, quarterly
  • $18,260Volatile liabilities
  • $92,188Insider loans
  • $100,932FHLB advances
  • $12,925Loans and leases held for sale
  • $1,121Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $642Tier 2 risk-based capital
  • $628Total risk weighted assets
  • $14,685Total unused commitments
  • $0Restructured Loans and leases
  • $677Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $5,861Total interest income
  • $1,761Total interest expense
  • $4,100Net interest income
  • $595Provision for loan and lease losses
  • $755Total noninterest income
  • $0Fiduciary activities
  • $363Service charges on deposit accounts
  • $0Trading account gains & fees
  • $392Additional noninterest income
  • $2,905Total noninterest expense
  • $1,136Salaries and employee benefits
  • $312Premises and equipment expense
  • $1,457Additional noninterest expense
  • $1,355Pre-tax net operating income
  • $7Securities gains (losses)
  • $0Applicable income taxes
  • $1,362Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,362Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $171Sale, conversion, retirement of capital stock, net
  • $700Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.55%Yield on earning assets
  • 2.27%Cost of funding earning assets
  • 5.28%Net interest margin
  • 0.97%Noninterest income to earning assets
  • 3.74%Noninterest expense to earning assets
  • 1.47%Net operating income to assets
  • 1.48%Return on assets (ROA)
  • 1.48%Pretax return on assets
  • 11.03%Return on equity (ROE)
  • 5.36%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 347.95%Credit loss provision to net charge-offs
  • 11.40%Efficiency ratio
  • 47,889Assets per employee
  • 3.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.40%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 39.31%Noncurrent assets plus other real estate owned to assets
  • 1.71%Noncurrent loans to loans
  • 3.17%Net loans and leases to deposits
  • 60.97%Net loans and leases to core deposits
  • 71.47%Equity capital to assets
  • 12.65%Core capital (leverage) ratio
  • 7.00%Tier 1 risk-based capital ratio
  • 10.19%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $92,188Average earning assets
  • $12,347Average equity
  • $77,611Average loans

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