FDIC Certificate #: 19992 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:WestStar Bank (#22572) Federal Reserve ID: 596352 Date Established: July 01, 1969 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 12320 FDIC's unique #: 13727 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: July 01, 1969 Last Structure Change Effective Date: August 07, 1999 Last Structure Change Process Date: September 23, 1999 Last Data Update: September 23, 1999 Data Source Date: April 05, 2012
Location
Address: 238 East Colorado Avenue, Telluride, CO 81435 County: San Miguel 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
Financial Summary
Total assets: $84.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
32Total employees (full-time equivalent)
$86,236Total assets
$4,542Cash and due from depository institutions
$53Interest-bearing balances
$16,634Securities
$5,085Federal funds sold & reverse repurchase agreements
$45,394Net loans & leases
$693Loan loss allowance
$0Trading account assets
$5,735Bank premises and fixed assets
$51Other real estate owned
$8,001Goodwill and other intangibles
$0Life insurance assets
$794All other assets
$86,236Total liabilities and capital
$72,365Total liabilities
$71,726Total deposits
$52,215Interest-bearing deposits
$71,726Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$639All other liabilities
$13,871Total equity capital
$13,871Total bank equity capital
$13,871Perpetual preferred stock
$0Common stock
$75Surplus
$13,723Undivided profits
Memoranda
$73Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,105Earning assets
$0Long-term assets (5+ years)
$365Average Assets, year-to-date
$67,166Average Assets, quarterly
$6,339Volatile liabilities
$76,734Insider loans
$82,542FHLB advances
$4,333Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,941Total risk weighted assets
$6,941Total unused commitments
$0Restructured Loans and leases
$53,321Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$286Total interest income
$76Total interest expense
$210Net interest income
$0Provision for loan and lease losses
$9Total noninterest income
$0Fiduciary activities
$4Service charges on deposit accounts
$0Trading account gains & fees
$5Additional noninterest income
$142Total noninterest expense
$77Salaries and employee benefits
$12Premises and equipment expense
$53Additional noninterest expense
$77Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$77Income before extraordinary items
$0Extraordinary gains - net
$77Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$72Sale, conversion, retirement of capital stock, net
$385Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.45%Yield on earning assets
0.12%Cost of funding earning assets
0.33%Net interest margin
0.01%Noninterest income to earning assets
0.22%Noninterest expense to earning assets
0.10%Net operating income to assets
0.10%Return on assets (ROA)
0.10%Pretax return on assets
0.91%Return on equity (ROE)
-3.66%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
1.07%Efficiency ratio
58,904Assets per employee
2.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
500.00%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
62.71%Noncurrent assets plus other real estate owned to assets
1.34%Noncurrent loans to loans
2.40%Net loans and leases to deposits
63.29%Net loans and leases to core deposits
67.36%Equity capital to assets
16.08%Core capital (leverage) ratio
7.51%Tier 1 risk-based capital ratio
11.02%Total risk-based capital ratio
Memoranda
$12Average assets
$76,734Average earning assets
$8,417Average equity
$63,394Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Bank of Telluride.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: