Clear Creek National Bank in Georgetown, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 20, 2010

  • Clear Creek National Bank in Georgetown, Colorado (CO)
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Clear Creek National Bank - Overview

  • General
  • FDIC Certificate #: 20394
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Evergreen National Bank (#23404)
    Federal Reserve ID: 259853
    Date Established: March 29, 1971
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 14052
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: March 29, 1971
    Last Structure Change Effective Date: September 20, 2010
    Last Structure Change Process Date: September 28, 2010
    Last Data Update: September 28, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 502 Sixth Street, Georgetown, CO 80444
    County: Clear Creek
    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
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • Financial Summary
  • Total assets: $23.7 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, 2009)

  • Dollar figures in thousands
  • 12Total employees (full-time equivalent)
  • $24,434Total assets
  • $1,497Cash and due from depository institutions
  • $400Interest-bearing balances
  • $7,007Securities
  • $6,270Federal funds sold & reverse repurchase agreements
  • $8,674Net loans & leases
  • $219Loan loss allowance
  • $0Trading account assets
  • $454Bank premises and fixed assets
  • $123Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $409All other assets
  • $24,434Total liabilities and capital
  • $22,352Total liabilities
  • $22,321Total deposits
  • $11,906Interest-bearing deposits
  • $22,321Deposits held in domestic offices
  • 90.49%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $31All other liabilities
  • $2,082Total equity capital
  • $2,082Total bank equity capital
  • $2,082Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $1,800Undivided profits
  • Memoranda
  • $182Noncurrent loans and leases
  • $720Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $609Earning assets
  • $0Long-term assets (5+ years)
  • $100Average Assets, year-to-date
  • $22,351Average Assets, quarterly
  • $5,611Volatile liabilities
  • $24,520Insider loans
  • $24,685FHLB advances
  • $929Loans and leases held for sale
  • $289Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $720Total unused commitments
  • $0Restructured Loans and leases
  • $159Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $1,028Total interest income
  • $104Total interest expense
  • $924Net interest income
  • $334Provision for loan and lease losses
  • $160Total noninterest income
  • $0Fiduciary activities
  • $126Service charges on deposit accounts
  • $0Trading account gains & fees
  • $34Additional noninterest income
  • $1,332Total noninterest expense
  • $549Salaries and employee benefits
  • $139Premises and equipment expense
  • $644Additional noninterest expense
  • -$582Pre-tax net operating income
  • $179Securities gains (losses)
  • -$46Applicable income taxes
  • -$357Income before extraordinary items
  • $0Extraordinary gains - net
  • -$357Net income attributable to bank
  • $0Net charge-offs
  • -$357Cash dividends
  • $295Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.60%Yield on earning assets
  • 0.47%Cost of funding earning assets
  • 4.14%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 5.97%Noninterest expense to earning assets
  • -2.11%Net operating income to assets
  • -1.46%Return on assets (ROA)
  • -1.64%Pretax return on assets
  • -16.06%Return on equity (ROE)
  • -16.06%Retained earnings to average equity (YTD only)
  • 3.01%Net charge-offs to loans
  • 113.22%Credit loss provision to net charge-offs
  • -0.84%Efficiency ratio
  • 122,878Assets per employee
  • 2.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.46%Loss allowance to noncurrent loans
  • 35.96%Noncurrent assets plus other real estate owned to assets
  • 3.00%Noncurrent loans to loans
  • 6.85%Net loans and leases to deposits
  • 38.86%Net loans and leases to core deposits
  • 40.55%Equity capital to assets
  • 8.52%Core capital (leverage) ratio
  • 8.10%Tier 1 risk-based capital ratio
  • 16.75%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $24,520Average earning assets
  • $2,223Average equity
  • $22,326Average loans

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