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

This bank is inactive as of November 06, 1995

Alpine Bank, Snowmass Village in Snowmass Village, Colorado (CO)
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Alpine Bank, Snowmass Village - Overview

General
FDIC Certificate #: 21687
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Alpine Bank (#23091)
Federal Reserve ID: 532051
Date Established: July 15, 1974
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 8936
FDIC's unique #: 15009
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 15, 1974
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: 15 Kearns Road, Snowmass Village, CO 81615
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: $42.5 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
$46,837Cash and due from depository institutions
$3,454Interest-bearing balances
$6Securities
$5,185Federal funds sold & reverse repurchase agreements
$2,962Net loans & leases
$31,665Loan loss allowance
$342Trading account assets
$0Bank premises and fixed assets
$1,843Other real estate owned
$0Goodwill and other intangibles
$1,728Life insurance assets
$0All other assets
$0Total liabilities and capital
$46,837Total liabilities
$43,456Total deposits
$42,891Interest-bearing deposits
$32,035Deposits held in domestic offices
42891.00%% insured (estimated)
$68Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$321Subordinated debt
$0All other liabilities
$244Total equity capital
$244Total bank equity capital
$3,381Perpetual preferred stock
$0Common stock
$260Surplus
$500Undivided profits
Memoranda
$2,621Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$202Income earned, not collected on loans
$215Earning assets
$39,818Long-term assets (5+ years)
$2,696Average Assets, year-to-date
$43,337Average Assets, quarterly
$43,110Volatile liabilities
$4,932Insider loans
$265FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$6,432Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,389Total risk weighted assets
$33,296Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$3,056Total interest expense
$864Net interest income
$2,192Provision for loan and lease losses
$3Total noninterest income
$514Fiduciary activities
$0Service charges on deposit accounts
$281Trading account gains & fees
$0Additional noninterest income
$233Total noninterest expense
$1,720Salaries and employee benefits
$733Premises and equipment expense
$131Additional noninterest expense
$856Pre-tax net operating income
$983Securities gains (losses)
$0Applicable income taxes
$279Income before extraordinary items
$704Extraordinary gains - net
$0Net income attributable to bank
$704Net charge-offs
$22Cash dividends
$184Sale, 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
8.14%Cost of funding earning assets
2.30%Net interest margin
5.84%Noninterest income to earning assets
1.37%Noninterest expense to earning assets
4.58%Net operating income to assets
1.62%Return on assets (ROA)
1.62%Pretax return on assets
2.27%Return on equity (ROE)
22.60%Retained earnings to average equity (YTD only)
16.70%Net charge-offs to loans
0.07%Credit loss provision to net charge-offs
13.64%Efficiency ratio
63,562Assets per employee
2.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
26.14%Loss allowance to loans
1.07%Loss allowance to noncurrent loans
169.31%Noncurrent assets plus other real estate owned to assets
0.43%Noncurrent loans to loans
0.63%Net loans and leases to deposits
73.83%Net loans and leases to core deposits
82.72%Equity capital to assets
7.22%Core capital (leverage) ratio
8.04%Tier 1 risk-based capital ratio
10.18%Total risk-based capital ratio
Memoranda
$11Average assets
$43,337Average earning assets
$3,114Average equity
$37,521Average loans

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