Bank of Monte Vista in Monte Vista, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 09, 2002

  • Bank of Monte Vista in Monte Vista, Colorado (CO)
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Bank of Monte Vista - Overview

  • General
  • FDIC Certificate #: 15556
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sunflower Bank, National Association (#4767)
    Federal Reserve ID: 461254
    Date Established: August 27, 1936
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 9850
    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 23, 1937
    Last Structure Change Effective Date: September 09, 2002
    Last Structure Change Process Date: October 21, 2002
    Last Data Update: October 21, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 Adams Street, Monte Vista, CO 81144
    County: Rio Grande
    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: $75.8 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, 2001)

  • Dollar figures in thousands
  • 34Total employees (full-time equivalent)
  • $67,599Total assets
  • $4,055Cash and due from depository institutions
  • $0Interest-bearing balances
  • $20,902Securities
  • $9,120Federal funds sold & reverse repurchase agreements
  • $31,576Net loans & leases
  • $838Loan loss allowance
  • $0Trading account assets
  • $416Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,530All other assets
  • $67,599Total liabilities and capital
  • $59,219Total liabilities
  • $56,625Total deposits
  • $45,358Interest-bearing deposits
  • $56,625Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,249Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $345All other liabilities
  • $8,380Total equity capital
  • $8,380Total bank equity capital
  • $8,380Perpetual preferred stock
  • $0Common stock
  • $330Surplus
  • $1,250Undivided profits
  • Memoranda
  • $6,800Noncurrent loans and leases
  • $7,018Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $119Earning assets
  • $0Long-term assets (5+ years)
  • $1,031Average Assets, year-to-date
  • $61,598Average Assets, quarterly
  • $6,491Volatile liabilities
  • $63,356Insider loans
  • $64,417FHLB advances
  • $11,747Loans and leases held for sale
  • $20Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,018Total unused commitments
  • $0Restructured Loans and leases
  • $515Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $4,313Total interest income
  • $1,627Total interest expense
  • $2,686Net interest income
  • $30Provision for loan and lease losses
  • $255Total noninterest income
  • $0Fiduciary activities
  • $174Service charges on deposit accounts
  • $0Trading account gains & fees
  • $81Additional noninterest income
  • $2,620Total noninterest expense
  • $1,848Salaries and employee benefits
  • $225Premises and equipment expense
  • $547Additional noninterest expense
  • $291Pre-tax net operating income
  • $0Securities gains (losses)
  • -$12Applicable income taxes
  • $303Income before extraordinary items
  • $0Extraordinary gains - net
  • $303Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $32Sale, conversion, retirement of capital stock, net
  • $528Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.44%Yield on earning assets
  • 2.81%Cost of funding earning assets
  • 4.64%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 4.52%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.46%Pretax return on assets
  • 3.59%Return on equity (ROE)
  • -2.67%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 93.75%Credit loss provision to net charge-offs
  • 10.03%Efficiency ratio
  • 89,085Assets per employee
  • 1.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 174.26%Loss allowance to loans
  • 2.59%Loss allowance to noncurrent loans
  • 704.20%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 55.76%Net loans and leases to core deposits
  • 67.00%Equity capital to assets
  • 12.40%Core capital (leverage) ratio
  • 13.01%Tier 1 risk-based capital ratio
  • 20.29%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $63,356Average earning assets
  • $8,437Average equity
  • $57,934Average loans

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