FDIC Certificate #: 20893 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Union Bank & Trust (#14708) Federal Reserve ID: 449252 Date Established: May 22, 1972 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 14437 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: December 18, 1972 Last Structure Change Effective Date: December 17, 1998 Last Structure Change Process Date: Febuary 09, 1999 Last Data Update: Febuary 09, 1999 Data Source Date: April 05, 2012
Location
Address: 1858 South Wadsworth Boulevard, Lakewood, CO 80226 County: Jefferson 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: $44.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
25Total employees (full-time equivalent)
$40,807Total assets
$1,975Cash and due from depository institutions
$0Interest-bearing balances
$7,189Securities
$5,020Federal funds sold & reverse repurchase agreements
$24,222Net loans & leases
$364Loan loss allowance
$0Trading account assets
$2,032Bank premises and fixed assets
$158Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$211All other assets
$40,807Total liabilities and capital
$36,799Total liabilities
$36,563Total deposits
$26,781Interest-bearing deposits
$36,563Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$236All other liabilities
$4,008Total equity capital
$4,008Total bank equity capital
$4,008Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,455Undivided profits
Memoranda
$1,553Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$31Earning assets
$31Long-term assets (5+ years)
$135Average Assets, year-to-date
$36,431Average Assets, quarterly
$2,754Volatile liabilities
$38,712Insider loans
$39,670FHLB advances
$1,917Loans and leases held for sale
$430Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,193Total unused commitments
$0Restructured Loans and leases
$25,737Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$2,968Total interest income
$1,018Total interest expense
$1,950Net interest income
$0Provision for loan and lease losses
$477Total noninterest income
$0Fiduciary activities
$269Service charges on deposit accounts
$0Trading account gains & fees
$208Additional noninterest income
$1,606Total noninterest expense
$808Salaries and employee benefits
$271Premises and equipment expense
$527Additional noninterest expense
$821Pre-tax net operating income
$0Securities gains (losses)
-$240Applicable income taxes
$1,061Income before extraordinary items
$0Extraordinary gains - net
$1,061Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$8Sale, conversion, retirement of capital stock, net
$845Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.64%Yield on earning assets
2.96%Cost of funding earning assets
5.68%Net interest margin
1.39%Noninterest income to earning assets
4.68%Noninterest expense to earning assets
2.74%Net operating income to assets
2.74%Return on assets (ROA)
2.12%Pretax return on assets
25.76%Return on equity (ROE)
5.25%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
102.63%Efficiency ratio
66,172Assets per employee
1.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.64%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
1174.19%Noncurrent assets plus other real estate owned to assets
0.46%Noncurrent loans to loans
0.13%Net loans and leases to deposits
66.25%Net loans and leases to core deposits
69.91%Equity capital to assets
9.82%Core capital (leverage) ratio
9.85%Tier 1 risk-based capital ratio
15.57%Total risk-based capital ratio
Memoranda
$17Average assets
$38,712Average earning assets
$4,118Average equity
$34,338Average loans
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