FDIC Certificate #: 24200 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:FirstBank (#18714) Federal Reserve ID: 939155 Date Established: November 26, 1982 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 10 (Interstate: No) OTS Docket #: 11112 FDIC's unique #: 16853 Numeric code: 21 Regulator: FDIC 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: November 26, 1982 Last Structure Change Effective Date: October 16, 2010 Last Structure Change Process Date: October 25, 2010 Last Data Update: October 25, 2010 Data Source Date: April 05, 2012
Location
Address: 2300 South Havana Street, Aurora, CO 80014 County: Arapahoe 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): 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: $474.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
104Total employees (full-time equivalent)
$473,539Total assets
$6,746Cash and due from depository institutions
$34Interest-bearing balances
$284,849Securities
$22,871Federal funds sold & reverse repurchase agreements
$134,497Net loans & leases
$2,415Loan loss allowance
$0Trading account assets
$16,875Bank premises and fixed assets
$822Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$6,879All other assets
$473,539Total liabilities and capital
$440,372Total liabilities
$436,204Total deposits
$359,136Interest-bearing deposits
$436,204Deposits held in domestic offices
94.91%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$4,168All other liabilities
$33,167Total equity capital
$33,167Total bank equity capital
$33,167Perpetual preferred stock
$0Common stock
$1,520Surplus
$2,070Undivided profits
Memoranda
$29,577Noncurrent loans and leases
$29,725Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$613Earning assets
$0Long-term assets (5+ years)
$2,004Average Assets, year-to-date
$442,251Average Assets, quarterly
$260,729Volatile liabilities
$459,464Insider loans
$467,873FHLB advances
$39,616Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$29,725Total unused commitments
$0Restructured Loans and leases
$2,442Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$23,308Total interest income
$4,647Total interest expense
$18,661Net interest income
$909Provision for loan and lease losses
$7,406Total noninterest income
$0Fiduciary activities
$4,037Service charges on deposit accounts
$0Trading account gains & fees
$3,369Additional noninterest income
$15,412Total noninterest expense
$6,078Salaries and employee benefits
$1,979Premises and equipment expense
$7,355Additional noninterest expense
$9,746Pre-tax net operating income
-$431Securities gains (losses)
$2,465Applicable income taxes
$6,850Income before extraordinary items
$0Extraordinary gains - net
$6,850Net income attributable to bank
$0Net charge-offs
$6,850Cash dividends
$512Sale, conversion, retirement of capital stock, net
$3,550Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.39%Yield on earning assets
1.07%Cost of funding earning assets
4.31%Net interest margin
1.71%Noninterest income to earning assets
3.56%Noninterest expense to earning assets
1.56%Net operating income to assets
1.49%Return on assets (ROA)
2.03%Pretax return on assets
22.56%Return on equity (ROE)
10.87%Retained earnings to average equity (YTD only)
0.37%Net charge-offs to loans
177.54%Credit loss provision to net charge-offs
20.81%Efficiency ratio
59,125Assets per employee
4.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
51.82%Loss allowance to loans
1.76%Loss allowance to noncurrent loans
393.96%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.45%Net loans and leases to deposits
30.83%Net loans and leases to core deposits
33.91%Equity capital to assets
7.00%Core capital (leverage) ratio
6.69%Tier 1 risk-based capital ratio
14.63%Total risk-based capital ratio
Memoranda
$16Average assets
$459,464Average earning assets
$30,364Average equity
$432,470Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with FirstBank of Aurora.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: