UMB Bank of the West in Colorado Springs, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 03, 1993

UMB Bank of the West in Colorado Springs, Colorado (CO)
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UMB Bank of the West - Overview

General
FDIC Certificate #: 26645
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: UMB Bank Colorado, National Association (#19298)
Federal Reserve ID: 636052
Date Established: April 01, 1986
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 35377
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: April 01, 1986
Last Structure Change Effective Date: May 03, 1993
Last Structure Change Process Date: May 26, 1993
Last Data Update: May 26, 1993
Data Source Date: April 05, 2012
Location
Address: 5910 East Galley Road, Colorado Springs, CO 80915
County: El Paso
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): Colorado Springs, CO (#1720)
Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820)
CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
Financial Summary
Total assets: $17.4 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$13Total assets
$17,400Cash and due from depository institutions
$1,319Interest-bearing balances
$0Securities
$9,171Federal funds sold & reverse repurchase agreements
$1,832Net loans & leases
$3,909Loan loss allowance
$137Trading account assets
$0Bank premises and fixed assets
$85Other real estate owned
$0Goodwill and other intangibles
$165Life insurance assets
$919All other assets
$0Total liabilities and capital
$17,400Total liabilities
$15,492Total deposits
$15,147Interest-bearing deposits
$11,355Deposits held in domestic offices
15147.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$250Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$95Total equity capital
$95Total bank equity capital
$1,908Perpetual preferred stock
$0Common stock
$500Surplus
$1,379Undivided profits
Memoranda
$29Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$20Earning assets
$14,912Long-term assets (5+ years)
$809Average Assets, year-to-date
$18,853Average Assets, quarterly
$18,032Volatile liabilities
$663Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$495Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$989Total risk weighted assets
$5,093Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$1,008Total interest expense
$423Net interest income
$585Provision for loan and lease losses
$0Total noninterest income
$232Fiduciary activities
$0Service charges on deposit accounts
$176Trading account gains & fees
$0Additional noninterest income
$56Total noninterest expense
$788Salaries and employee benefits
$332Premises and equipment expense
$178Additional noninterest expense
$278Pre-tax net operating income
$29Securities gains (losses)
$7Applicable income taxes
$31Income before extraordinary items
$5Extraordinary gains - net
$0Net income attributable to bank
$5Net charge-offs
$1Cash 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
6.69%Cost of funding earning assets
2.81%Net interest margin
3.88%Noninterest income to earning assets
1.54%Noninterest expense to earning assets
5.23%Net operating income to assets
0.00%Return on assets (ROA)
0.03%Pretax return on assets
0.19%Return on equity (ROE)
0.26%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
0.00%Efficiency ratio
88,372Assets per employee
1.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.39%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
25.81%Net loans and leases to core deposits
26.53%Equity capital to assets
10.97%Core capital (leverage) ratio
6.00%Tier 1 risk-based capital ratio
19.42%Total risk-based capital ratio
Memoranda
$21Average assets
$18,853Average earning assets
$1,906Average equity
$15,072Average loans

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