FDIC Certificate #: 58534 Status: Active Federal Reserve ID: 3397233 Bank Holding Company (Regulatory Top Holder): Solera National Bancorp, Inc. (RSSDID: 3607549, Location: Lakewood, CO) Date Established: September 10, 2007 WWW:http://www.solerabank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 455610 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: September 10, 2007 Last Structure Change Effective Date: October 04, 2011 Last Structure Change Process Date: October 04, 2011 Last Data Update: October 04, 2011 Data Source Date: April 05, 2012
Location
Address: 319 South Sheridan Boulevard, Lakewood, CO 80226 County: Denver 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: $145.4 mil Equity capital: $16.6 mil Deposits held in domestic offices: $121.4 mil Return on assets (ROA): 0.38% ($0.6 mil) Quarterly return on assets: 0.55% ($0.8 mil) Return on Equity (ROE): 3.34% ($0.6 mil) Quarterly return on equity: 4.77% ($0.8 mil) Net income: $0.5 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.38% ($552.4 mil) Quarterly Pretax return on assets: 0.55% ($799.5 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
25Total employees (full-time equivalent)
$145,371Total assets
$2,802Cash and due from depository institutions
$1,357Interest-bearing balances
$83,197Securities
$355Federal funds sold & reverse repurchase agreements
$54,501Net loans & leases
$1,067Loan loss allowance
$0Trading account assets
$599Bank premises and fixed assets
$1,776Other real estate owned
$0Goodwill and other intangibles
$145,371Life insurance assets
$2,141All other assets
$128,721Total liabilities and capital
$121,386Total liabilities
$117,835Total deposits
$121,386Interest-bearing deposits
$78Deposits held in domestic offices
253.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,529Trading liabilities
$0Other borrowed funds
$553Subordinated debt
$16,650All other liabilities
$16,650Total equity capital
$16,650Total bank equity capital
$0Perpetual preferred stock
$10,500Common stock
$11,163Surplus
$-5,013Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$610Income earned, not collected on loans
$0Earning assets
$584Long-term assets (5+ years)
$139,410Average Assets, year-to-date
$55,134Average Assets, quarterly
$141,230Volatile liabilities
$143,029Insider loans
$84,009FHLB advances
$143,622Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$16,143Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,261Restructured Loans and leases
$1,002Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,749Total interest income
$1,599Total interest expense
$4,150Net interest income
$155Provision for loan and lease losses
$49Total noninterest income
$0Fiduciary activities
$66Service charges on deposit accounts
$0Trading account gains & fees
-$17Additional noninterest income
$4,372Total noninterest expense
$2,421Salaries and employee benefits
$525Premises and equipment expense
$1,426Additional noninterest expense
-$328Pre-tax net operating income
$870Securities gains (losses)
$0Applicable income taxes
$542Income before extraordinary items
$0Extraordinary gains - net
$542Net income attributable to bank
$0Net charge-offs
$542Cash dividends
$263Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.22%Yield on earning assets
1.17%Cost of funding earning assets
3.05%Net interest margin
0.04%Noninterest income to earning assets
3.21%Noninterest expense to earning assets
-0.23%Net operating income to assets
0.38%Return on assets (ROA)
0.38%Pretax return on assets
3.34%Return on equity (ROE)
3.34%Retained earnings to average equity (YTD only)
0.46%Net charge-offs to loans
58.94%Credit loss provision to net charge-offs
-0.66%Efficiency ratio
104,120Assets per employee
5.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.92%Loss allowance to noncurrent loans
174.92%Noncurrent assets plus other real estate owned to assets
1.64%Noncurrent loans to loans
1.10%Net loans and leases to deposits
44.90%Net loans and leases to core deposits
53.44%Equity capital to assets
11.45%Core capital (leverage) ratio
11.24%Tier 1 risk-based capital ratio
19.22%Total risk-based capital ratio
Memoranda
$20Average assets
$141,230Average earning assets
$16,214Average equity
$136,152Average loans
List of branches
1 Colorado Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
455610
Solera National Bank
319 South Sheridan Boulevard, Lakewood, CO 80226
September 10, 2007
Full Service Brick and Mortar
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