FDIC Certificate #: 1773 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Vectra Bank Colorado, National Association (#2993) Federal Reserve ID: 105950 Date Established: March 03, 1902 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 10411 FDIC's unique #: 1174 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: January 01, 1934 Last Structure Change Effective Date: November 09, 2001 Last Structure Change Process Date: November 20, 2001 Last Data Update: November 20, 2001 Data Source Date: April 05, 2012
Location
Address: Northern And Evans Avenues, Pueblo, CO 81004 County: Pueblo 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): Pueblo, CO (#6560) Core Based Statistical Area (CBSA): Pueblo, CO (#39380) CBSA Metro Statistical Area: Pueblo, CO (#39380)
Financial Summary
Total assets: $336.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
193Total employees (full-time equivalent)
$315,885Total assets
$16,447Cash and due from depository institutions
$125Interest-bearing balances
$67,314Securities
$16,900Federal funds sold & reverse repurchase agreements
$196,998Net loans & leases
$2,963Loan loss allowance
$0Trading account assets
$12,548Bank premises and fixed assets
$825Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,853All other assets
$315,885Total liabilities and capital
$293,423Total liabilities
$291,579Total deposits
$238,314Interest-bearing deposits
$291,579Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,844All other liabilities
$22,462Total equity capital
$22,462Total bank equity capital
$22,462Perpetual preferred stock
$0Common stock
$1,125Surplus
$5,500Undivided profits
Memoranda
$15,837Noncurrent loans and leases
$31,412Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$980Earning assets
$0Long-term assets (5+ years)
$1,664Average Assets, year-to-date
$281,337Average Assets, quarterly
$62,880Volatile liabilities
$307,301Insider loans
$309,716FHLB advances
$28,400Loans and leases held for sale
$4,150Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$31,412Total unused commitments
$0Restructured Loans and leases
$2,576Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$23,971Total interest income
$9,003Total interest expense
$14,968Net interest income
$615Provision for loan and lease losses
$3,483Total noninterest income
$0Fiduciary activities
$2,642Service charges on deposit accounts
$0Trading account gains & fees
$841Additional noninterest income
$13,375Total noninterest expense
$7,657Salaries and employee benefits
$1,789Premises and equipment expense
$3,929Additional noninterest expense
$4,461Pre-tax net operating income
$0Securities gains (losses)
$1,450Applicable income taxes
$3,011Income before extraordinary items
$0Extraordinary gains - net
$3,011Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$690Sale, conversion, retirement of capital stock, net
$815Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.79%Yield on earning assets
3.30%Cost of funding earning assets
5.49%Net interest margin
1.28%Noninterest income to earning assets
4.90%Noninterest expense to earning assets
0.98%Net operating income to assets
0.98%Return on assets (ROA)
1.45%Pretax return on assets
14.25%Return on equity (ROE)
10.40%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
89.13%Credit loss provision to net charge-offs
7.36%Efficiency ratio
72,489Assets per employee
1.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
27.07%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
302.35%Noncurrent assets plus other real estate owned to assets
0.57%Noncurrent loans to loans
0.49%Net loans and leases to deposits
67.56%Net loans and leases to core deposits
74.85%Equity capital to assets
7.11%Core capital (leverage) ratio
7.27%Tier 1 risk-based capital ratio
10.88%Total risk-based capital ratio
Memoranda
$12Average assets
$307,301Average earning assets
$21,123Average equity
$272,703Average loans
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