Century Bank-Academy at Hancock in Colorado Springs, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 25, 1994

  • Century Bank-Academy at Hancock in Colorado Springs, Colorado (CO)
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Century Bank-Academy at Hancock - Overview

  • General
  • FDIC Certificate #: 23714
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Keybank National Association (#13447)
    Federal Reserve ID: 719151
    Date Established: March 02, 1982
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 16584
    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: March 02, 1982
    Last Structure Change Effective Date: March 25, 1994
    Last Structure Change Process Date: April 18, 1994
    Last Data Update: April 18, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 3085 South Academy Boulevard, Colorado Springs, CO 80916
    County: El Paso
    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): Colorado Springs, CO (#1720)
    Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820)
    CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
  • Financial Summary
  • Total assets: $33.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $17Total assets
  • $33,688Cash and due from depository institutions
  • $4,910Interest-bearing balances
  • $0Securities
  • $4,190Federal funds sold & reverse repurchase agreements
  • $7,236Net loans & leases
  • $16,608Loan loss allowance
  • $453Trading account assets
  • $0Bank premises and fixed assets
  • $471Other real estate owned
  • $71Goodwill and other intangibles
  • $202Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $33,688Total liabilities
  • $31,935Total deposits
  • $31,741Interest-bearing deposits
  • $16,530Deposits held in domestic offices
  • 31741.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $194Total equity capital
  • $194Total bank equity capital
  • $1,753Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $418Undivided profits
  • Memoranda
  • $835Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1Income earned, not collected on loans
  • $89Earning assets
  • $28,034Long-term assets (5+ years)
  • $400Average Assets, year-to-date
  • $29,159Average Assets, quarterly
  • $32,735Volatile liabilities
  • $854Insider loans
  • $1FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,866Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,753Total risk weighted assets
  • $19,121Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,010Total interest expense
  • $461Net interest income
  • $1,549Provision for loan and lease losses
  • $96Total noninterest income
  • $546Fiduciary activities
  • $0Service charges on deposit accounts
  • $447Trading account gains & fees
  • $0Additional noninterest income
  • $99Total noninterest expense
  • $1,491Salaries and employee benefits
  • $571Premises and equipment expense
  • $337Additional noninterest expense
  • $583Pre-tax net operating income
  • $508Securities gains (losses)
  • $0Applicable income taxes
  • $108Income before extraordinary items
  • $400Extraordinary gains - net
  • $0Net income attributable to bank
  • $400Net charge-offs
  • $54Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.55%Cost of funding earning assets
  • 1.96%Net interest margin
  • 6.59%Noninterest income to earning assets
  • 2.32%Noninterest expense to earning assets
  • 6.34%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 1.37%Pretax return on assets
  • 1.74%Return on equity (ROE)
  • 26.15%Retained earnings to average equity (YTD only)
  • 26.15%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 177.78%Efficiency ratio
  • 71,169Assets per employee
  • 1.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.66%Loss allowance to noncurrent loans
  • 45300.00%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 52.32%Net loans and leases to core deposits
  • 53.77%Equity capital to assets
  • 5.20%Core capital (leverage) ratio
  • 5.48%Tier 1 risk-based capital ratio
  • 9.17%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $29,159Average earning assets
  • $1,530Average equity
  • $23,506Average loans

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