FDIC Certificate #: 19381 Status: Active Federal Reserve ID: 480059 Date Established: March 01, 1965 WWW:http://www.mypsb.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 10599 FDIC's unique #: 13188 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: March 01, 1965 Last Structure Change Effective Date: June 05, 2007 Last Structure Change Process Date: June 07, 2007 Last Data Update: June 07, 2007 Data Source Date: April 05, 2012
Location
Address: 710 W Hwy 24, Woodland Park, CO 80863 County: Teller 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 Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820) CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
History of Changes
Change in Location
Financial Summary
Total assets: $83.6 mil Equity capital: $5.5 mil Deposits held in domestic offices: $77.7 mil Return on assets (ROA): -0.46% (-$0.4 mil) Quarterly return on assets: -1.79% (-$1.5 mil) Return on Equity (ROE): -7.32% (-$0.4 mil) Quarterly return on equity: -26.70% (-$1.6 mil) Net income: -$0.4 mil Quarterly Net income: -$0.4 mil Pretax return on assets: -0.46% (-$384.6 mil) Quarterly Pretax return on assets: -1.79% (-$1,496.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
30Total employees (full-time equivalent)
$83,611Total assets
$2,476Cash and due from depository institutions
$332Interest-bearing balances
$17,358Securities
$4,455Federal funds sold & reverse repurchase agreements
$46,767Net loans & leases
$1,250Loan loss allowance
$0Trading account assets
$4,616Bank premises and fixed assets
$7,293Other real estate owned
$0Goodwill and other intangibles
$83,611Life insurance assets
$646All other assets
$78,073Total liabilities and capital
$77,729Total liabilities
$69,101Total deposits
$77,729Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$344Subordinated debt
$5,538All other liabilities
$5,538Total equity capital
$5,538Total bank equity capital
$0Perpetual preferred stock
$2,035Common stock
$5,102Surplus
$-1,599Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,093Income earned, not collected on loans
$0Earning assets
$238Long-term assets (5+ years)
$68,912Average Assets, year-to-date
$24,506Average Assets, quarterly
$86,655Volatile liabilities
$85,706Insider loans
$58,788FHLB advances
$85,070Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,385Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,932Restructured Loans and leases
$1,261Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,707Total interest income
$719Total interest expense
$2,988Net interest income
$24Provision for loan and lease losses
$1,087Total noninterest income
$401Fiduciary activities
$223Service charges on deposit accounts
$0Trading account gains & fees
$463Additional noninterest income
$5,171Total noninterest expense
$1,864Salaries and employee benefits
$814Premises and equipment expense
$2,493Additional noninterest expense
-$1,120Pre-tax net operating income
$721Securities gains (losses)
$0Applicable income taxes
-$399Income before extraordinary items
$0Extraordinary gains - net
-$399Net income attributable to bank
$0Net charge-offs
-$399Cash dividends
-$10Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.15%Yield on earning assets
1.00%Cost of funding earning assets
4.15%Net interest margin
1.51%Noninterest income to earning assets
7.19%Noninterest expense to earning assets
-1.29%Net operating income to assets
-0.46%Return on assets (ROA)
-0.46%Pretax return on assets
-7.32%Return on equity (ROE)
-7.32%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-240.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
126,896Assets per employee
2.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.60%Loss allowance to noncurrent loans
114.36%Noncurrent assets plus other real estate owned to assets
10.03%Noncurrent loans to loans
2.28%Net loans and leases to deposits
60.17%Net loans and leases to core deposits
61.19%Equity capital to assets
6.62%Core capital (leverage) ratio
6.33%Tier 1 risk-based capital ratio
9.16%Total risk-based capital ratio
Memoranda
$10Average assets
$86,655Average earning assets
$5,450Average equity
$71,947Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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