The Thatcher Bank, FSB in Salida, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 02, 1993

The Thatcher Bank, FSB in Salida, Colorado (CO)
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The Thatcher Bank, FSB - Overview

General
FDIC Certificate #: 32568
Status: Inactive
Closing history: Corrections
Acquiring institution: The Pueblo Bank and Trust Company (#12594)
Federal Reserve ID: 212250
Date Established: January 01, 1988
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 8461
FDIC's unique #: 45402
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1988
Last Structure Change Effective Date: September 02, 1993
Last Structure Change Process Date: September 21, 1993
Last Data Update: January 13, 1999
Data Source Date: April 05, 2012
Location
Address: 200 F Street, Salida, CO 81202
County: Chaffee
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
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $39.7 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$26Total assets
$41,009Cash and due from depository institutions
$3,001Interest-bearing balances
$2,126Securities
$5,538Federal funds sold & reverse repurchase agreements
$1,250Net loans & leases
$28,720Loan loss allowance
$1,189Trading account assets
$0Bank premises and fixed assets
$1,419Other real estate owned
$6Goodwill and other intangibles
$1,033Life insurance assets
$42All other assets
$0Total liabilities and capital
$41,009Total liabilities
$38,887Total deposits
$33,665Interest-bearing deposits
$28,723Deposits held in domestic offices
33665.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$5,000Subordinated debt
$0All other liabilities
$222Total equity capital
$222Total bank equity capital
$2,122Perpetual preferred stock
$0Common stock
$100Surplus
$2,000Undivided profits
Memoranda
$22Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$739Income earned, not collected on loans
$185Earning assets
$37,634Long-term assets (5+ years)
$0Average Assets, year-to-date
$41,040Average Assets, quarterly
$41,119Volatile liabilities
$8,798Insider loans
$0FHLB advances
$5,000Loans and leases held for sale
$0Unused loan commitments
$1,454Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,104Total risk weighted assets
$22,273Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$3,262Total interest expense
$1,599Net interest income
$1,663Provision for loan and lease losses
$72Total noninterest income
$681Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$681Total noninterest expense
$1,953Salaries and employee benefits
$794Premises and equipment expense
$630Additional noninterest expense
$529Pre-tax net operating income
$319Securities gains (losses)
-$8Applicable income taxes
$0Income before extraordinary items
$311Extraordinary gains - net
$0Net income attributable to bank
$311Net charge-offs
$162Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.10%Cost of funding earning assets
4.46%Net interest margin
4.64%Noninterest income to earning assets
1.90%Noninterest expense to earning assets
5.45%Net operating income to assets
0.78%Return on assets (ROA)
0.76%Pretax return on assets
0.76%Return on equity (ROE)
16.18%Retained earnings to average equity (YTD only)
16.18%Net charge-offs to loans
0.52%Credit loss provision to net charge-offs
44.44%Efficiency ratio
83,319Assets per employee
1.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.98%Loss allowance to noncurrent loans
160.89%Noncurrent assets plus other real estate owned to assets
1.82%Noncurrent loans to loans
2.47%Net loans and leases to deposits
85.31%Net loans and leases to core deposits
96.16%Equity capital to assets
5.17%Core capital (leverage) ratio
5.13%Tier 1 risk-based capital ratio
9.45%Total risk-based capital ratio
Memoranda
$11Average assets
$41,040Average earning assets
$1,922Average equity
$35,830Average loans

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