Alpine Bank, Aspen in Aspen, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 06, 1995

  • Alpine Bank, Aspen in Aspen, Colorado (CO)
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Alpine Bank, Aspen - Overview

  • General
  • FDIC Certificate #: 27532
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Alpine Bank (#23091)
    Federal Reserve ID: 1392672
    Date Established: June 16, 1989
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 10131
    FDIC's unique #: 40265
    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: June 16, 1989
    Last Structure Change Effective Date: November 06, 1995
    Last Structure Change Process Date: December 11, 1995
    Last Data Update: December 11, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 East Hopkins Avenue, Aspen, CO 81611
    County: Pitkin
    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
  • Financial Summary
  • Total assets: $69.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $31Total assets
  • $65,656Cash and due from depository institutions
  • $3,869Interest-bearing balances
  • $5Securities
  • $4,474Federal funds sold & reverse repurchase agreements
  • $2,678Net loans & leases
  • $48,472Loan loss allowance
  • $555Trading account assets
  • $0Bank premises and fixed assets
  • $4,432Other real estate owned
  • $0Goodwill and other intangibles
  • $1,731Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $65,656Total liabilities
  • $61,131Total deposits
  • $60,583Interest-bearing deposits
  • $41,645Deposits held in domestic offices
  • 60583.00%% insured (estimated)
  • $71Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $361Subordinated debt
  • $0All other liabilities
  • $187Total equity capital
  • $187Total bank equity capital
  • $4,525Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $1,755Undivided profits
  • Memoranda
  • $2,470Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $282Earning assets
  • $55,629Long-term assets (5+ years)
  • $2,565Average Assets, year-to-date
  • $61,722Average Assets, quarterly
  • $64,100Volatile liabilities
  • $2,852Insider loans
  • $115FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $9,410Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,550Total risk weighted assets
  • $47,434Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,664Total interest expense
  • $1,152Net interest income
  • $3,512Provision for loan and lease losses
  • $46Total noninterest income
  • $622Fiduciary activities
  • $0Service charges on deposit accounts
  • $418Trading account gains & fees
  • $0Additional noninterest income
  • $204Total noninterest expense
  • $2,498Salaries and employee benefits
  • $1,175Premises and equipment expense
  • $114Additional noninterest expense
  • $1,209Pre-tax net operating income
  • $1,590Securities gains (losses)
  • $0Applicable income taxes
  • $656Income before extraordinary items
  • $934Extraordinary gains - net
  • $0Net income attributable to bank
  • $934Net charge-offs
  • $35Cash dividends
  • $170Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.80%Cost of funding earning assets
  • 2.17%Net interest margin
  • 6.62%Noninterest income to earning assets
  • 1.17%Noninterest expense to earning assets
  • 4.71%Net operating income to assets
  • 1.51%Return on assets (ROA)
  • 1.51%Pretax return on assets
  • 2.58%Return on equity (ROE)
  • 22.12%Retained earnings to average equity (YTD only)
  • 18.10%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 131.43%Efficiency ratio
  • 60,426Assets per employee
  • 2.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.20%Loss allowance to loans
  • 1.13%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
  • 80.01%Net loans and leases to core deposits
  • 83.44%Equity capital to assets
  • 6.89%Core capital (leverage) ratio
  • 7.19%Tier 1 risk-based capital ratio
  • 9.59%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $61,722Average earning assets
  • $4,222Average equity
  • $53,021Average loans

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