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

This bank is inactive as of November 06, 1995

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

  • General
  • FDIC Certificate #: 22306
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Alpine Bank (#23091)
    Federal Reserve ID: 947253
    Date Established: July 19, 1976
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 10413
    FDIC's unique #: 15515
    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: July 19, 1976
    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: 145 Midland Avenue, Basalt, CO 81621
    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: $41.9 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)
  • $17Total assets
  • $39,986Cash and due from depository institutions
  • $2,249Interest-bearing balances
  • $3Securities
  • $9,850Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $24,950Loan loss allowance
  • $293Trading account assets
  • $0Bank premises and fixed assets
  • $818Other real estate owned
  • $0Goodwill and other intangibles
  • $2,119Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $39,986Total liabilities
  • $37,246Total deposits
  • $35,041Interest-bearing deposits
  • $26,949Deposits held in domestic offices
  • 35041.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $1,473Trading liabilities
  • $0Other borrowed funds
  • $483Subordinated debt
  • $0All other liabilities
  • $249Total equity capital
  • $249Total bank equity capital
  • $2,740Perpetual preferred stock
  • $0Common stock
  • $800Surplus
  • $305Undivided profits
  • Memoranda
  • $1,635Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11Income earned, not collected on loans
  • $124Earning assets
  • $34,803Long-term assets (5+ years)
  • $2,702Average Assets, year-to-date
  • $38,365Average Assets, quarterly
  • $40,259Volatile liabilities
  • $3,385Insider loans
  • $640FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,343Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,856Total risk weighted assets
  • $25,519Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,860Total interest expense
  • $755Net interest income
  • $2,105Provision for loan and lease losses
  • $7Total noninterest income
  • $660Fiduciary activities
  • $0Service charges on deposit accounts
  • $434Trading account gains & fees
  • $0Additional noninterest income
  • $226Total noninterest expense
  • $1,765Salaries and employee benefits
  • $648Premises and equipment expense
  • $188Additional noninterest expense
  • $929Pre-tax net operating income
  • $993Securities gains (losses)
  • $0Applicable income taxes
  • $318Income before extraordinary items
  • $675Extraordinary gains - net
  • $0Net income attributable to bank
  • $675Net charge-offs
  • $7Cash dividends
  • $89Sale, 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
  • 8.39%Cost of funding earning assets
  • 2.21%Net interest margin
  • 6.17%Noninterest income to earning assets
  • 1.94%Noninterest expense to earning assets
  • 5.18%Net operating income to assets
  • 1.76%Return on assets (ROA)
  • 1.76%Pretax return on assets
  • 2.59%Return on equity (ROE)
  • 26.72%Retained earnings to average equity (YTD only)
  • 23.20%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 100.00%Efficiency ratio
  • 63,834Assets per employee
  • 2.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 13.19%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 2663.64%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.04%Net loans and leases to deposits
  • 71.20%Net loans and leases to core deposits
  • 74.23%Equity capital to assets
  • 6.85%Core capital (leverage) ratio
  • 7.04%Tier 1 risk-based capital ratio
  • 11.19%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $38,365Average earning assets
  • $2,526Average equity
  • $34,096Average loans

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