FDIC Certificate #: 26295 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:FirstBank (#18714) Federal Reserve ID: 297453 Date Established: June 24, 1985 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) OTS Docket #: 11109 FDIC's unique #: 32702 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: June 24, 1985 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: 101 West County Line Road, Littleton, CO 80126 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: $476.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
63Total employees (full-time equivalent)
$481,442Total assets
$5,694Cash and due from depository institutions
$39Interest-bearing balances
$261,871Securities
$20,638Federal funds sold & reverse repurchase agreements
$177,186Net loans & leases
$3,305Loan loss allowance
$0Trading account assets
$8,111Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$7,942All other assets
$481,442Total liabilities and capital
$447,247Total liabilities
$444,645Total deposits
$371,454Interest-bearing deposits
$444,645Deposits held in domestic offices
90.01%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,602All other liabilities
$34,195Total equity capital
$34,195Total bank equity capital
$34,195Perpetual preferred stock
$0Common stock
$1,250Surplus
$2,496Undivided profits
Memoranda
$30,449Noncurrent loans and leases
$40,250Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,061Earning assets
$0Long-term assets (5+ years)
$1,998Average Assets, year-to-date
$459,734Average Assets, quarterly
$230,630Volatile liabilities
$459,332Insider loans
$472,548FHLB advances
$55,106Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$384Tier 2 risk-based capital
$0Total risk weighted assets
$40,250Total unused commitments
$0Restructured Loans and leases
$2,843Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$23,252Total interest income
$4,838Total interest expense
$18,414Net interest income
$1,519Provision for loan and lease losses
$4,652Total noninterest income
$0Fiduciary activities
$2,127Service charges on deposit accounts
$0Trading account gains & fees
$2,525Additional noninterest income
$10,679Total noninterest expense
$3,673Salaries and employee benefits
$1,306Premises and equipment expense
$5,700Additional noninterest expense
$10,868Pre-tax net operating income
-$6Securities gains (losses)
$2,980Applicable income taxes
$7,882Income before extraordinary items
$0Extraordinary gains - net
$7,882Net income attributable to bank
$0Net charge-offs
$7,882Cash dividends
$317Sale, conversion, retirement of capital stock, net
$4,575Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.28%Yield on earning assets
1.10%Cost of funding earning assets
4.18%Net interest margin
1.06%Noninterest income to earning assets
2.42%Noninterest expense to earning assets
1.72%Net operating income to assets
1.72%Return on assets (ROA)
2.36%Pretax return on assets
24.58%Return on equity (ROE)
10.31%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
479.18%Credit loss provision to net charge-offs
39.08%Efficiency ratio
46,298Assets per employee
7.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.04%Loss allowance to loans
1.83%Loss allowance to noncurrent loans
65.30%Noncurrent assets plus other real estate owned to assets
1.05%Noncurrent loans to loans
2.80%Net loans and leases to deposits
39.85%Net loans and leases to core deposits
45.49%Equity capital to assets
7.10%Core capital (leverage) ratio
6.97%Tier 1 risk-based capital ratio
14.36%Total risk-based capital ratio
Memoranda
$16Average assets
$459,332Average earning assets
$32,065Average equity
$440,605Average 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 Littleton.
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: