FDIC Certificate #: 24224 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Vectra Bank Colorado, National Association (#2993) Federal Reserve ID: 33558 Date Established: May 31, 1973 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 14023 FDIC's unique #: 16871 Numeric code: 13 Regulator: FED 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: December 30, 1982 Last Structure Change Effective Date: Febuary 27, 1998 Last Structure Change Process Date: April 09, 1998 Last Data Update: April 09, 1998 Data Source Date: April 05, 2012
Location
Address: 616 East Speer Boulevard, Denver, CO 80203 County: Denver 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): Denver, CO (#2080) Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34) Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216) Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740) CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
Financial Summary
Total assets: $127.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
52Total employees (full-time equivalent)
$127,585Total assets
$6,631Cash and due from depository institutions
$44Interest-bearing balances
$34,226Securities
$9,951Federal funds sold & reverse repurchase agreements
$73,345Net loans & leases
$1,077Loan loss allowance
$0Trading account assets
$2,211Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,221All other assets
$127,585Total liabilities and capital
$117,177Total liabilities
$116,601Total deposits
$89,969Interest-bearing deposits
$116,601Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$576All other liabilities
$10,408Total equity capital
$10,408Total bank equity capital
$10,408Perpetual preferred stock
$0Common stock
$2,000Surplus
$1,404Undivided profits
Memoranda
$7,004Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3Earning assets
$0Long-term assets (5+ years)
$439Average Assets, year-to-date
$117,566Average Assets, quarterly
$9,196Volatile liabilities
$120,595Insider loans
$125,674FHLB advances
$15,312Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$20,417Total unused commitments
$0Restructured Loans and leases
$84,563Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$9,939Total interest income
$3,650Total interest expense
$6,289Net interest income
$81Provision for loan and lease losses
$872Total noninterest income
$0Fiduciary activities
$583Service charges on deposit accounts
$0Trading account gains & fees
$289Additional noninterest income
$3,827Total noninterest expense
$2,146Salaries and employee benefits
$647Premises and equipment expense
$1,034Additional noninterest expense
$3,253Pre-tax net operating income
$0Securities gains (losses)
$1,150Applicable income taxes
$2,103Income before extraordinary items
$0Extraordinary gains - net
$2,103Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$11Sale, conversion, retirement of capital stock, net
$500Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.06%Yield on earning assets
3.33%Cost of funding earning assets
5.73%Net interest margin
0.80%Noninterest income to earning assets
3.49%Noninterest expense to earning assets
1.74%Net operating income to assets
1.74%Return on assets (ROA)
2.70%Pretax return on assets
21.77%Return on equity (ROE)
16.59%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
736.36%Credit loss provision to net charge-offs
303.09%Efficiency ratio
53,442Assets per employee
2.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.78%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
35900.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
62.90%Net loans and leases to core deposits
72.41%Equity capital to assets
8.16%Core capital (leverage) ratio
8.19%Tier 1 risk-based capital ratio
12.33%Total risk-based capital ratio
Memoranda
$14Average assets
$120,595Average earning assets
$9,660Average equity
$109,677Average 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 Tri-State Bank.
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: