The First National Bank of Durango in city_name, state_name

The First National Bank of Durango in Durango, Colorado (CO)
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The First National Bank of Durango routing number info

The First National Bank of Durango - Overview

General
FDIC Certificate #: 3014
Status: Active
Federal Reserve ID: 68859
Bank Holding Company (Regulatory Top Holder): First Bancorp. Of Durango, Inc. (RSSDID: 1838590, Location: Inverness, IL)
Date Established: Febuary 04, 1882
WWW: http://www.fnbdurango.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: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 13333
FDIC's unique #: 1912
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: August 01, 2007
Last Structure Change Process Date: September 13, 2007
Last Data Update: September 13, 2007
Data Source Date: April 05, 2012
Location
Address: 259 West Ninth Street, Durango, CO 81302
County: La Plata
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Chicago
FDIC Field Office: Denver
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Durango, CO (#20420)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $417.7 mil
Equity capital: $47.8 mil
Deposits held in domestic offices: $365.9 mil
Return on assets (ROA): 0.86% ($3.6 mil)
Quarterly return on assets: 0.37% ($1.5 mil)
Return on Equity (ROE): 7.89% ($3.8 mil)
Quarterly return on equity: 3.22% ($1.5 mil)
Net income: $3.5 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 0.86% ($3,591.8 mil)
Quarterly Pretax return on assets: 0.37% ($1,545.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
99Total employees (full-time equivalent)
$417,652Total assets
$54,250Cash and due from depository institutions
$44,208Interest-bearing balances
$186,036Securities
$0Federal funds sold & reverse repurchase agreements
$157,140Net loans & leases
$5,588Loan loss allowance
$0Trading account assets
$7,927Bank premises and fixed assets
$3,881Other real estate owned
$402Goodwill and other intangibles
$417,652Life insurance assets
$8,016All other assets
$369,874Total liabilities and capital
$365,886Total liabilities
$304,767Total deposits
$365,886Interest-bearing deposits
$85Deposits held in domestic offices
1844.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$824Trading liabilities
$0Other borrowed funds
$1,320Subordinated debt
$47,778All other liabilities
$47,778Total equity capital
$47,778Total bank equity capital
$0Perpetual preferred stock
$450Common stock
$7,300Surplus
$40,028Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,738Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$7,759Income earned, not collected on loans
$192Earning assets
$2,009Long-term assets (5+ years)
$387,384Average Assets, year-to-date
$100,399Average Assets, quarterly
$408,714Volatile liabilities
$418,363Insider loans
$245,478FHLB advances
$409,734Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$40,228Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$24,312Restructured Loans and leases
$881Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$15,565Total interest income
$1,507Total interest expense
$14,058Net interest income
$900Provision for loan and lease losses
$3,148Total noninterest income
$0Fiduciary activities
$906Service charges on deposit accounts
$0Trading account gains & fees
$2,242Additional noninterest income
$12,042Total noninterest expense
$5,582Salaries and employee benefits
$1,479Premises and equipment expense
$4,981Additional noninterest expense
$4,264Pre-tax net operating income
-$744Securities gains (losses)
$0Applicable income taxes
$3,520Income before extraordinary items
$0Extraordinary gains - net
$3,520Net income attributable to bank
$0Net charge-offs
$3,520Cash dividends
$869Sale, conversion, retirement of capital stock, net
$1,300Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.07%Yield on earning assets
0.39%Cost of funding earning assets
3.68%Net interest margin
0.82%Noninterest income to earning assets
3.15%Noninterest expense to earning assets
1.04%Net operating income to assets
0.86%Return on assets (ROA)
0.86%Pretax return on assets
7.89%Return on equity (ROE)
4.97%Retained earnings to average equity (YTD only)
0.48%Net charge-offs to loans
103.57%Credit loss provision to net charge-offs
5.94%Efficiency ratio
69,638Assets per employee
4.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
36.93%Loss allowance to loans
3.43%Loss allowance to noncurrent loans
72.02%Noncurrent assets plus other real estate owned to assets
2.97%Noncurrent loans to loans
4.77%Net loans and leases to deposits
42.95%Net loans and leases to core deposits
44.68%Equity capital to assets
11.44%Core capital (leverage) ratio
9.82%Tier 1 risk-based capital ratio
16.39%Total risk-based capital ratio
Memoranda
$18Average assets
$408,714Average earning assets
$44,641Average equity
$382,503Average loans

List of branches

6 Colorado Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1912	The First National Bank Of Durango	259 West Ninth Street, Durango, CO 81302	Febuary 04, 1882	Full Service Brick and Mortar
1	196007	Wal-Mart Branch	1155 South Camino Del Rio, Durango, CO 81303	July 15, 1998	Full Service Retail
2	196008	Albertsons Office Branch	311 W. College Drive, Durango, CO 81301	March 03, 1997	Full Service Retail
3	196009	1st National Messenger Branch	To Serve La Plata County, Durango, CO 81301	December 21, 1999	Limited Service Messenger
4	443137	Bayfield Office Branch	351 Bayfield Center Drive, Bayfield, CO 81122	December 27, 2004	Full Service Brick and Mortar
5	17144	Bodo Office Branch	125 Sawyer Drive, Durango, CO 81303	July 05, 1983	Full Service Brick and Mortar

The First National Bank of Durango in Durango, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank of Durango - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

The First National Bank of Durango in Durango, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank of Durango - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

The First National Bank of Durango in Durango, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches