FDIC Certificate #: 22547 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Interstate Bank (#524) Federal Reserve ID: 881450 Date Established: November 07, 1977 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 13631 FDIC's unique #: 15724 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: November 07, 1977 Last Structure Change Effective Date: September 16, 2000 Last Structure Change Process Date: September 21, 2000 Last Data Update: September 21, 2000 Data Source Date: April 05, 2012
Location
Address: 401 West 19th Street, Cheyenne, WY 82001 County: Laramie Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Billings Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Cheyenne, WY (#1580) Core Based Statistical Area (CBSA): Cheyenne, WY (#16940) CBSA Metro Statistical Area: Cheyenne, WY (#16940)
Financial Summary
Total assets: $93.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
49Total employees (full-time equivalent)
$92,452Total assets
$6,746Cash and due from depository institutions
$15Interest-bearing balances
$16,870Securities
$6,605Federal funds sold & reverse repurchase agreements
$60,636Net loans & leases
$509Loan loss allowance
$0Trading account assets
$442Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,153All other assets
$92,452Total liabilities and capital
$83,898Total liabilities
$81,671Total deposits
$62,376Interest-bearing deposits
$81,671Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,000Other borrowed funds
$0Subordinated debt
$227All other liabilities
$8,554Total equity capital
$8,554Total bank equity capital
$8,554Perpetual preferred stock
$0Common stock
$994Surplus
$4,131Undivided profits
Memoranda
$3,429Noncurrent loans and leases
$12,317Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$605Earning assets
$0Long-term assets (5+ years)
$603Average Assets, year-to-date
$84,126Average Assets, quarterly
$7,446Volatile liabilities
$90,167Insider loans
$90,942FHLB advances
$13,223Loans and leases held for sale
$2,321Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,814Total risk weighted assets
$12,317Total unused commitments
$102Restructured Loans and leases
$509Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$7,016Total interest income
$2,174Total interest expense
$4,842Net interest income
$244Provision for loan and lease losses
$879Total noninterest income
$0Fiduciary activities
$376Service charges on deposit accounts
$0Trading account gains & fees
$503Additional noninterest income
$2,976Total noninterest expense
$1,537Salaries and employee benefits
$472Premises and equipment expense
$967Additional noninterest expense
$2,501Pre-tax net operating income
$0Securities gains (losses)
$852Applicable income taxes
$1,649Income before extraordinary items
$0Extraordinary gains - net
$1,649Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$118Sale, conversion, retirement of capital stock, net
$894Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.51%Yield on earning assets
2.64%Cost of funding earning assets
5.87%Net interest margin
1.07%Noninterest income to earning assets
3.61%Noninterest expense to earning assets
1.83%Net operating income to assets
1.83%Return on assets (ROA)
2.77%Pretax return on assets
19.28%Return on equity (ROE)
8.83%Retained earnings to average equity (YTD only)
0.21%Net charge-offs to loans
206.78%Credit loss provision to net charge-offs
23.26%Efficiency ratio
52,019Assets per employee
1.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
54.21%Loss allowance to loans
0.83%Loss allowance to noncurrent loans
84.13%Noncurrent assets plus other real estate owned to assets
0.65%Noncurrent loans to loans
0.99%Net loans and leases to deposits
74.24%Net loans and leases to core deposits
86.07%Equity capital to assets
9.25%Core capital (leverage) ratio
9.74%Tier 1 risk-based capital ratio
13.56%Total risk-based capital ratio
Memoranda
$14Average assets
$90,167Average earning assets
$8,553Average equity
$82,446Average loans
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