The Bank, National Association in Breckenridge, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1995

The Bank, National Association in Breckenridge, Colorado (CO)
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The Bank, National Association - Overview

General
FDIC Certificate #: 20350
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mountain Parks Bank - West (#1772)
Federal Reserve ID: 705855
Date Established: January 25, 1971
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
OTS Docket #: 11554
FDIC's unique #: 14014
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 25, 1971
Last Structure Change Effective Date: January 01, 1995
Last Structure Change Process Date: Febuary 23, 1995
Last Data Update: Febuary 23, 1995
Data Source Date: April 05, 2012
Location
Address: 106 North French Street, Breckenridge, CO 80424
County: Summit
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): Silverthorne, CO (#43540)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $111.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$56Total assets
$111,642Cash and due from depository institutions
$11,003Interest-bearing balances
$0Securities
$27,992Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$67,139Loan loss allowance
$803Trading account assets
$0Bank premises and fixed assets
$3,279Other real estate owned
$0Goodwill and other intangibles
$2,213Life insurance assets
$16All other assets
$0Total liabilities and capital
$111,642Total liabilities
$105,008Total deposits
$98,871Interest-bearing deposits
$57,563Deposits held in domestic offices
98871.00%% insured (estimated)
$69Federal funds purchased & repurchase agreements
$5,200Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$937Total equity capital
$937Total bank equity capital
$6,634Perpetual preferred stock
$0Common stock
$280Surplus
$2,619Undivided profits
Memoranda
$3,735Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$319Income earned, not collected on loans
$848Earning assets
$95,131Long-term assets (5+ years)
$14,084Average Assets, year-to-date
$100,013Average Assets, quarterly
$106,050Volatile liabilities
$12,299Insider loans
$9FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$13,456Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,463Total risk weighted assets
$77,952Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$8,379Total interest expense
$1,406Net interest income
$6,973Provision for loan and lease losses
$0Total noninterest income
$1,592Fiduciary activities
$0Service charges on deposit accounts
$787Trading account gains & fees
$0Additional noninterest income
$805Total noninterest expense
$4,042Salaries and employee benefits
$1,756Premises and equipment expense
$754Additional noninterest expense
$1,532Pre-tax net operating income
$4,523Securities gains (losses)
-$43Applicable income taxes
$1,561Income before extraordinary items
$2,919Extraordinary gains - net
$0Net income attributable to bank
$2,919Net charge-offs
-$263Cash dividends
$2,000Sale, conversion, retirement of capital stock, net
-$14Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.46%Cost of funding earning assets
1.59%Net interest margin
7.87%Noninterest income to earning assets
1.80%Noninterest expense to earning assets
4.56%Net operating income to assets
2.95%Return on assets (ROA)
2.92%Pretax return on assets
4.48%Return on equity (ROE)
40.92%Retained earnings to average equity (YTD only)
12.88%Net charge-offs to loans
-0.45%Credit loss provision to net charge-offs
0.00%Efficiency ratio
46,585Assets per employee
1.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.52%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
251.72%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.47%Net loans and leases to deposits
67.91%Net loans and leases to core deposits
73.16%Equity capital to assets
5.94%Core capital (leverage) ratio
7.06%Tier 1 risk-based capital ratio
9.57%Total risk-based capital ratio
Memoranda
$11Average assets
$100,013Average earning assets
$7,134Average equity
$88,604Average loans

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