FDIC Certificate #: 91189 Status: Inactive Closing history: Corrections Acquiring institution:The Pueblo Bank and Trust Company (#12594) Federal Reserve ID: 412957 Date Established: July 20, 1982 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 9065 FDIC's unique #: 18261 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: October 25, 1985 Last Structure Change Effective Date: July 23, 1998 Last Structure Change Process Date: July 29, 1998 Last Data Update: November 19, 2004 Data Source Date: April 05, 2012
Location
Address: 2950 Pearl Street, Boulder, CO 80302 County: Boulder 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): Boulder-Longmont, CO (#1125) Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34) Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216) Core Based Statistical Area (CBSA): Boulder, CO (#14500) CBSA Metro Statistical Area: Boulder, CO (#14500)
History of Changes
Absorption - Assisted
Bank Closed by Chartering Agent Pending Sale
Corrections
Financial Summary
Total assets: $233.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
25Total employees (full-time equivalent)
$190,760Total assets
$28,458Cash and due from depository institutions
$316Interest-bearing balances
$204Securities
$0Federal funds sold & reverse repurchase agreements
$157,061Net loans & leases
$655Loan loss allowance
$0Trading account assets
$1,555Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,482All other assets
$190,760Total liabilities and capital
$176,712Total liabilities
$166,943Total deposits
$148,364Interest-bearing deposits
$166,943Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$9,769All other liabilities
$14,048Total equity capital
$14,048Total bank equity capital
$14,048Perpetual preferred stock
$3,750Common stock
$500Surplus
$100Undivided profits
Memoranda
$9,698Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$326Earning assets
$0Long-term assets (5+ years)
$2,186Average Assets, year-to-date
$157,581Average Assets, quarterly
$3,933Volatile liabilities
$115,631Insider loans
$168,245FHLB advances
$33,373Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$29,342Total unused commitments
$0Restructured Loans and leases
$157,787Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$12,221Total interest income
$5,585Total interest expense
$6,636Net interest income
$340Provision for loan and lease losses
$15,446Total noninterest income
$0Fiduciary activities
$154Service charges on deposit accounts
$0Trading account gains & fees
$15,292Additional noninterest income
$10,955Total noninterest expense
$8,496Salaries and employee benefits
$334Premises and equipment expense
$2,125Additional noninterest expense
$10,787Pre-tax net operating income
$0Securities gains (losses)
$4,034Applicable income taxes
$6,753Income before extraordinary items
$0Extraordinary gains - net
$6,753Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$115Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
12.56%Yield on earning assets
5.74%Cost of funding earning assets
6.82%Net interest margin
15.87%Noninterest income to earning assets
11.26%Noninterest expense to earning assets
5.84%Net operating income to assets
5.84%Return on assets (ROA)
9.33%Pretax return on assets
78.66%Return on equity (ROE)
78.66%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
295.65%Credit loss provision to net charge-offs
96.76%Efficiency ratio
49,611Assets per employee
7.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.42%Loss allowance to noncurrent loans
200.92%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.21%Net loans and leases to deposits
94.08%Net loans and leases to core deposits
117.59%Equity capital to assets
7.36%Core capital (leverage) ratio
8.97%Tier 1 risk-based capital ratio
8.90%Total risk-based capital ratio
Memoranda
$9Average assets
$115,631Average earning assets
$8,585Average equity
$97,329Average loans
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