Bank of Southern Colorado in Pueblo West, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 1995

  • Bank of Southern Colorado in Pueblo West, Colorado (CO)
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Bank of Southern Colorado - Overview

  • General
  • FDIC Certificate #: 23646
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Minnequa Bank of Pueblo (#1773)
    Federal Reserve ID: 468057
    Date Established: January 18, 1982
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 16551
    Numeric code: 13
    Regulator: FED
    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: January 18, 1982
    Last Structure Change Effective Date: April 15, 1995
    Last Structure Change Process Date: June 29, 1995
    Last Data Update: June 29, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 154 Mcculloch Boulevard, Pueblo West, CO 81007
    County: Pueblo
    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
    Metropolitan Statistical Area (MSA): Pueblo, CO (#6560)
    Core Based Statistical Area (CBSA): Pueblo, CO (#39380)
    CBSA Metro Statistical Area: Pueblo, CO (#39380)
  • Financial Summary
  • Total assets: $8.1 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)
  • $7Total assets
  • $9,024Cash and due from depository institutions
  • $723Interest-bearing balances
  • $0Securities
  • $3,493Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $3,661Loan loss allowance
  • $49Trading account assets
  • $0Bank premises and fixed assets
  • $435Other real estate owned
  • $0Goodwill and other intangibles
  • $119Life insurance assets
  • $593All other assets
  • $0Total liabilities and capital
  • $9,024Total liabilities
  • $7,570Total deposits
  • $7,162Interest-bearing deposits
  • $5,294Deposits held in domestic offices
  • 7162.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $300Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $108Total equity capital
  • $108Total bank equity capital
  • $1,454Perpetual preferred stock
  • $0Common stock
  • $351Surplus
  • $1,204Undivided profits
  • Memoranda
  • $-101Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $25Earning assets
  • $7,154Long-term assets (5+ years)
  • $361Average Assets, year-to-date
  • $8,570Average Assets, quarterly
  • $9,074Volatile liabilities
  • $500Insider loans
  • $29FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $269Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $861Total risk weighted assets
  • $3,784Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $481Total interest expense
  • $130Net interest income
  • $351Provision for loan and lease losses
  • $10Total noninterest income
  • $113Fiduciary activities
  • $0Service charges on deposit accounts
  • $67Trading account gains & fees
  • $0Additional noninterest income
  • $46Total noninterest expense
  • $602Salaries and employee benefits
  • $246Premises and equipment expense
  • $69Additional noninterest expense
  • $287Pre-tax net operating income
  • -$148Securities gains (losses)
  • $0Applicable income taxes
  • -$58Income before extraordinary items
  • -$90Extraordinary gains - net
  • $0Net income attributable to bank
  • -$90Net charge-offs
  • $2Cash dividends
  • $25Sale, 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
  • 7.01%Cost of funding earning assets
  • 1.89%Net interest margin
  • 5.12%Noninterest income to earning assets
  • 1.65%Noninterest expense to earning assets
  • 8.77%Net operating income to assets
  • -1.05%Return on assets (ROA)
  • -1.05%Pretax return on assets
  • -1.73%Return on equity (ROE)
  • -6.59%Retained earnings to average equity (YTD only)
  • -8.42%Net charge-offs to loans
  • 0.06%Credit loss provision to net charge-offs
  • 500.00%Efficiency ratio
  • 110,345Assets per employee
  • 1.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -27.78%Loss allowance to loans
  • 1.32%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
  • 51.12%Net loans and leases to core deposits
  • 52.59%Equity capital to assets
  • 16.11%Core capital (leverage) ratio
  • 10.32%Tier 1 risk-based capital ratio
  • 22.75%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $8,570Average earning assets
  • $1,366Average equity
  • $6,861Average loans

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