The Bank of Cherry Creek in Boulder, National Association in Boulder, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 27, 2001

  • The Bank of Cherry Creek in Boulder, National Association in Boulder, Colorado (CO)
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The Bank of Cherry Creek in Boulder, National Association - Overview

  • General
  • FDIC Certificate #: 34418
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Bank of Cherry Creek, National Association (#33075)
    Federal Reserve ID: 2495628
    Date Established: March 13, 1997
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 57181
    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: March 13, 1997
    Last Structure Change Effective Date: April 27, 2001
    Last Structure Change Process Date: May 15, 2001
    Last Data Update: May 15, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 2835 Pearl Street, Boulder, CO 80301
    County: Boulder
    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): Boulder-Longmont, CO (#1125)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Boulder, CO (#14500)
    CBSA Metro Statistical Area: Boulder, CO (#14500)
  • Financial Summary
  • Total assets: $35.5 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 12Total employees (full-time equivalent)
  • $34,770Total assets
  • $1,158Cash and due from depository institutions
  • $30Interest-bearing balances
  • $4,622Securities
  • $3,600Federal funds sold & reverse repurchase agreements
  • $24,603Net loans & leases
  • $566Loan loss allowance
  • $0Trading account assets
  • $332Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $455All other assets
  • $34,770Total liabilities and capital
  • $31,633Total liabilities
  • $28,640Total deposits
  • $23,155Interest-bearing deposits
  • $28,640Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,697Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $296All other liabilities
  • $3,137Total equity capital
  • $3,137Total bank equity capital
  • $3,137Perpetual preferred stock
  • $0Common stock
  • $2,100Surplus
  • $1,900Undivided profits
  • Memoranda
  • $-863Noncurrent loans and leases
  • $10,746Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $550Earning assets
  • $142Long-term assets (5+ years)
  • $133Average Assets, year-to-date
  • $32,855Average Assets, quarterly
  • $821Volatile liabilities
  • $33,985Insider loans
  • $34,179FHLB advances
  • $7,016Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,746Total unused commitments
  • $0Restructured Loans and leases
  • $368Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $2,750Total interest income
  • $1,225Total interest expense
  • $1,525Net interest income
  • $84Provision for loan and lease losses
  • $159Total noninterest income
  • $0Fiduciary activities
  • $91Service charges on deposit accounts
  • $0Trading account gains & fees
  • $68Additional noninterest income
  • $1,403Total noninterest expense
  • $630Salaries and employee benefits
  • $200Premises and equipment expense
  • $573Additional noninterest expense
  • $197Pre-tax net operating income
  • $0Securities gains (losses)
  • $70Applicable income taxes
  • $127Income before extraordinary items
  • $0Extraordinary gains - net
  • $127Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $29Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.63%Yield on earning assets
  • 3.85%Cost of funding earning assets
  • 4.79%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 4.41%Noninterest expense to earning assets
  • 0.37%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 4.48%Return on equity (ROE)
  • 4.48%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 289.66%Credit loss provision to net charge-offs
  • 9.69%Efficiency ratio
  • 83,314Assets per employee
  • 2.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.25%Loss allowance to noncurrent loans
  • 102.91%Noncurrent assets plus other real estate owned to assets
  • 1.58%Noncurrent loans to loans
  • 2.19%Net loans and leases to deposits
  • 85.90%Net loans and leases to core deposits
  • 101.16%Equity capital to assets
  • 9.02%Core capital (leverage) ratio
  • 9.36%Tier 1 risk-based capital ratio
  • 10.71%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $33,985Average earning assets
  • $2,836Average equity
  • $31,849Average loans

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