FDIC Certificate #: 34891 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Adams Bank & Trust (#18489) Federal Reserve ID: 2682709 Date Established: November 02, 1998 WWW:http://www.vistabank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 61954 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: November 02, 1998 Last Structure Change Effective Date: April 17, 2004 Last Structure Change Process Date: April 20, 2004 Last Data Update: April 20, 2004 Data Source Date: April 05, 2012
Location
Address: 1310 Garden Of The Gods Road, Colorado Springs, CO 80907 County: El Paso Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Kansas City 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: $52.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
19Total employees (full-time equivalent)
$50,175Total assets
$1,294Cash and due from depository institutions
$951Interest-bearing balances
$10,000Securities
$1,700Federal funds sold & reverse repurchase agreements
$29,271Net loans & leases
$761Loan loss allowance
$0Trading account assets
$3,106Bank premises and fixed assets
$196Other real estate owned
$2,484Goodwill and other intangibles
$0Life insurance assets
$2,124All other assets
$50,175Total liabilities and capital
$41,866Total liabilities
$34,936Total deposits
$21,654Interest-bearing deposits
$34,936Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,800Other borrowed funds
$0Subordinated debt
$130All other liabilities
$8,309Total equity capital
$8,309Total bank equity capital
$8,309Perpetual preferred stock
$0Common stock
$6Surplus
$8,689Undivided profits
Memoranda
$-386Noncurrent loans and leases
$3,725Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$485Earning assets
$0Long-term assets (5+ years)
$345Average Assets, year-to-date
$41,922Average Assets, quarterly
$12,666Volatile liabilities
$51,191Insider loans
$50,859FHLB advances
$5,152Loans and leases held for sale
$0Unused loan commitments
$6,800Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,725Total unused commitments
$0Restructured Loans and leases
$451Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$2,824Total interest income
$899Total interest expense
$1,925Net interest income
$190Provision for loan and lease losses
$137Total noninterest income
$0Fiduciary activities
$95Service charges on deposit accounts
$0Trading account gains & fees
$42Additional noninterest income
$2,412Total noninterest expense
$1,024Salaries and employee benefits
$547Premises and equipment expense
$841Additional noninterest expense
-$540Pre-tax net operating income
-$20Securities gains (losses)
-$237Applicable income taxes
-$323Income before extraordinary items
$0Extraordinary gains - net
-$323Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$298Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.62%Yield on earning assets
2.11%Cost of funding earning assets
4.51%Net interest margin
0.32%Noninterest income to earning assets
5.65%Noninterest expense to earning assets
-0.61%Net operating income to assets
-0.63%Return on assets (ROA)
-1.09%Pretax return on assets
-3.84%Return on equity (ROE)
-3.84%Retained earnings to average equity (YTD only)
0.92%Net charge-offs to loans
63.76%Credit loss provision to net charge-offs
-1.17%Efficiency ratio
115,616Assets per employee
2.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.53%Loss allowance to noncurrent loans
156.91%Noncurrent assets plus other real estate owned to assets
1.36%Noncurrent loans to loans
1.61%Net loans and leases to deposits
83.78%Net loans and leases to core deposits
98.28%Equity capital to assets
16.56%Core capital (leverage) ratio
11.93%Tier 1 risk-based capital ratio
16.29%Total risk-based capital ratio
Memoranda
$18Average assets
$51,191Average earning assets
$8,406Average equity
$42,663Average loans
Total Fiduciary and Related Assets (December 31, 2002)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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