Canon National Bank in city_name, state_name - Detailed Financial Reports, Location

Canon National Bank in Canon City, Colorado (CO)
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Canon National Bank routing number info

Canon National Bank - Overview

General
FDIC Certificate #: 21801
Status: Active
Federal Reserve ID: 708454
Bank Holding Company (Regulatory Top Holder): Canon Bank Corporation (RSSDID: 3195804, Location: Canon City, CO)
Date Established: October 23, 1974
WWW: http://www.canonbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 14346
FDIC's unique #: 15101
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: October 23, 1974
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 816 Royal Gorge Boulevard, Canon City, CO 81212
County: Fremont
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): Ca?on City, CO (#15860)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $226.6 mil
Equity capital: $24.8 mil
Deposits held in domestic offices: $201.0 mil
Return on assets (ROA): 0.24% ($0.5 mil)
Quarterly return on assets: 0.50% ($1.1 mil)
Return on Equity (ROE): 2.22% ($0.6 mil)
Quarterly return on equity: 4.55% ($1.1 mil)
Net income: $0.5 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.25% ($566.4 mil)
Quarterly Pretax return on assets: 0.66% ($1,495.4 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, 2011)

Dollar figures in thousands
80Total employees (full-time equivalent)
$226,571Total assets
$10,046Cash and due from depository institutions
$5,682Interest-bearing balances
$87,088Securities
$0Federal funds sold & reverse repurchase agreements
$116,261Net loans & leases
$3,680Loan loss allowance
$0Trading account assets
$6,344Bank premises and fixed assets
$4,190Other real estate owned
$0Goodwill and other intangibles
$226,571Life insurance assets
$2,642All other assets
$201,753Total liabilities and capital
$200,975Total liabilities
$151,202Total deposits
$200,975Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$778Subordinated debt
$24,818All other liabilities
$24,818Total equity capital
$24,818Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$4,500Surplus
$19,318Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,150Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,267Income earned, not collected on loans
$0Earning assets
$753Long-term assets (5+ years)
$209,031Average Assets, year-to-date
$89,400Average Assets, quarterly
$227,067Volatile liabilities
$227,392Insider loans
$142,973FHLB advances
$224,720Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$21,997Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,386Restructured Loans and leases
$551Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$10,656Total interest income
$2,256Total interest expense
$8,400Net interest income
$586Provision for loan and lease losses
$1,205Total noninterest income
$0Fiduciary activities
$924Service charges on deposit accounts
$0Trading account gains & fees
$281Additional noninterest income
$8,495Total noninterest expense
$4,319Salaries and employee benefits
$976Premises and equipment expense
$3,200Additional noninterest expense
$524Pre-tax net operating income
$37Securities gains (losses)
$19Applicable income taxes
$542Income before extraordinary items
$0Extraordinary gains - net
$542Net income attributable to bank
$0Net charge-offs
$542Cash dividends
$1,066Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.08%Yield on earning assets
1.08%Cost of funding earning assets
4.01%Net interest margin
0.57%Noninterest income to earning assets
4.05%Noninterest expense to earning assets
0.22%Net operating income to assets
0.24%Return on assets (ROA)
0.25%Pretax return on assets
2.22%Return on equity (ROE)
2.22%Retained earnings to average equity (YTD only)
0.89%Net charge-offs to loans
54.97%Credit loss provision to net charge-offs
1.04%Efficiency ratio
88,444Assets per employee
2.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.07%Loss allowance to noncurrent loans
112.64%Noncurrent assets plus other real estate owned to assets
3.29%Noncurrent loans to loans
2.72%Net loans and leases to deposits
57.85%Net loans and leases to core deposits
59.25%Equity capital to assets
10.95%Core capital (leverage) ratio
9.79%Tier 1 risk-based capital ratio
15.39%Total risk-based capital ratio
Memoranda
$17Average assets
$227,067Average earning assets
$24,391Average equity
$209,696Average loans

List of branches

9 Colorado Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	15101	Canon National Bank	816 Royal Gorge Boulevard, Canon City, CO 81212	October 23, 1974	Full Service Brick and Mortar
1	253545	Colorado Springs Branch	3204 West Colorado Avenue, Colorado Springs, CO 80934	August 01, 1996	Full Service Brick and Mortar
2	253546	Pueblo Branch	101 West 5th Street, Pueblo, CO 81002	May 02, 1994	Full Service Brick and Mortar
3	253547	Fremont Drive Branch	2101 Fremont Drive, Canon City, CO 81212	May 19, 1997	Full Service Brick and Mortar
4	15663	One North Parkway Branch	One North Parkway, Colorado City, CO 81019	May 31, 1977	Full Service Brick and Mortar
5	253548	Pueblo West Branch	76 South Dunlap Drive, Pueblo West, CO 81007	May 03, 1999	Full Service Brick and Mortar
6	365131	Florence Branch	100 E. Main Street, Florence, CO 81226	November 26, 2001	Full Service Brick and Mortar
7	437140	Pueblo Anherst Branch	2 Amherst Avenue, Pueblo, CO 81005	January 07, 2005	Full Service Brick and Mortar
9	472088	North Chelton Branch	518 North Chelton Road, Colorado Springs, CO 80909	January 07, 2008	Full Service Brick and Mortar

Canon National Bank in Canon City, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Canon National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Canon National Bank in Canon City, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

Canon National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Canon National Bank in Canon City, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches