WestStar Bank in city_name, state_name - Detailed Financial Reports, Location

WestStar Bank in Vail, Colorado (CO)
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WestStar Bank - Overview

General
FDIC Certificate #: 22572
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: U.S. Bank National Association (#6548)
Federal Reserve ID: 352857
Date Established: December 12, 1977
WWW: http://www.weststarbank.com
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 25 (Interstate: No)
OTS Docket #: 12772
FDIC's unique #: 15745
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: December 12, 1977
Last Structure Change Effective Date: September 12, 2006
Last Structure Change Process Date: October 10, 2006
Last Data Update: October 10, 2006
Data Source Date: April 05, 2012
Location
Address: 108 South Frontage Road West, Vail, CO 81657
County: Eagle
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
Core Based Statistical Area (CBSA): Edwards, CO (#20780)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $720.8 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, 2005)

Dollar figures in thousands
253Total employees (full-time equivalent)
$683,447Total assets
$20,728Cash and due from depository institutions
$11Interest-bearing balances
$87,440Securities
$10,630Federal funds sold & reverse repurchase agreements
$481,511Net loans & leases
$4,473Loan loss allowance
$0Trading account assets
$37,562Bank premises and fixed assets
$572Other real estate owned
$34,947Goodwill and other intangibles
$0Life insurance assets
$10,057All other assets
$683,447Total liabilities and capital
$599,674Total liabilities
$554,588Total deposits
$419,258Interest-bearing deposits
$554,588Deposits held in domestic offices
0.00%% insured (estimated)
$12,470Federal funds purchased & repurchase agreements
$0Trading liabilities
$25,759Other borrowed funds
$0Subordinated debt
$6,857All other liabilities
$83,773Total equity capital
$83,773Total bank equity capital
$83,773Perpetual preferred stock
$0Common stock
$784Surplus
$61,541Undivided profits
Memoranda
$21,448Noncurrent loans and leases
$125,089Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$124Earning assets
$0Long-term assets (5+ years)
$2,776Average Assets, year-to-date
$579,592Average Assets, quarterly
$95,299Volatile liabilities
$663,978Insider loans
$676,056FHLB advances
$63,551Loans and leases held for sale
$13,243Unused loan commitments
$25,759Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$125,089Total unused commitments
$0Restructured Loans and leases
$4,473Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$40,563Total interest income
$8,793Total interest expense
$31,770Net interest income
$529Provision for loan and lease losses
$6,317Total noninterest income
$0Fiduciary activities
$2,908Service charges on deposit accounts
$0Trading account gains & fees
$3,409Additional noninterest income
$26,720Total noninterest expense
$15,758Salaries and employee benefits
$5,729Premises and equipment expense
$5,233Additional noninterest expense
$10,838Pre-tax net operating income
$1Securities gains (losses)
$3,637Applicable income taxes
$7,202Income before extraordinary items
$0Extraordinary gains - net
$7,202Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$49Sale, conversion, retirement of capital stock, net
$2,000Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.21%Yield on earning assets
1.56%Cost of funding earning assets
5.65%Net interest margin
1.12%Noninterest income to earning assets
4.75%Noninterest expense to earning assets
1.08%Net operating income to assets
1.08%Return on assets (ROA)
1.63%Pretax return on assets
8.81%Return on equity (ROE)
6.36%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-1079.59%Credit loss provision to net charge-offs
0.00%Efficiency ratio
70,053Assets per employee
2.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
27.77%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
3607.26%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.03%Net loans and leases to deposits
86.82%Net loans and leases to core deposits
94.96%Equity capital to assets
12.26%Core capital (leverage) ratio
8.06%Tier 1 risk-based capital ratio
9.61%Total risk-based capital ratio
Memoranda
$10Average assets
$663,978Average earning assets
$81,732Average equity
$562,540Average loans

WestStar Bank in Vail, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

WestStar Bank - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

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WestStar Bank in Vail, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

WestStar Bank - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

Comment about this bank, ask questions, or add new information about it:

WestStar Bank in Vail, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches