Colonial Banking Company in Grants Pass, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 05, 1998

  • Colonial Banking Company in Grants Pass, Oregon (OR)
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Colonial Banking Company - Overview

  • General
  • FDIC Certificate #: 22782
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Valley of the Rogue Bank (#19823)
    Federal Reserve ID: 227263
    Date Established: January 03, 1979
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 10140
    FDIC's unique #: 15909
    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: January 03, 1979
    Last Structure Change Effective Date: January 05, 1998
    Last Structure Change Process Date: Febuary 20, 1998
    Last Data Update: Febuary 20, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 117 Northeast F Street, Grants Pass, OR 97526
    County: Josephine
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Portland
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Grants Pass, OR (#24420)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $112.3 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
  • 50Total employees (full-time equivalent)
  • $112,283Total assets
  • $2,404Cash and due from depository institutions
  • $182Interest-bearing balances
  • $5,189Securities
  • $8,930Federal funds sold & reverse repurchase agreements
  • $92,560Net loans & leases
  • $1,898Loan loss allowance
  • $0Trading account assets
  • $1,816Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,384All other assets
  • $112,283Total liabilities and capital
  • $106,985Total liabilities
  • $104,406Total deposits
  • $96,075Interest-bearing deposits
  • $104,406Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $249Other borrowed funds
  • $0Subordinated debt
  • $2,330All other liabilities
  • $5,298Total equity capital
  • $5,298Total bank equity capital
  • $5,298Perpetual preferred stock
  • $1,502Common stock
  • $1,180Surplus
  • $3,402Undivided profits
  • Memoranda
  • $-786Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $342Earning assets
  • $0Long-term assets (5+ years)
  • $574Average Assets, year-to-date
  • $106,861Average Assets, quarterly
  • $2,806Volatile liabilities
  • $107,727Insider loans
  • $112,283FHLB advances
  • $9,159Loans and leases held for sale
  • $579Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $110Total risk weighted assets
  • $10,737Total unused commitments
  • $0Restructured Loans and leases
  • $84,051Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $9,801Total interest income
  • $4,205Total interest expense
  • $5,596Net interest income
  • $1,441Provision for loan and lease losses
  • $712Total noninterest income
  • $0Fiduciary activities
  • $365Service charges on deposit accounts
  • $0Trading account gains & fees
  • $347Additional noninterest income
  • $4,639Total noninterest expense
  • $1,612Salaries and employee benefits
  • $525Premises and equipment expense
  • $2,502Additional noninterest expense
  • $228Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,028Applicable income taxes
  • -$800Income before extraordinary items
  • $0Extraordinary gains - net
  • -$800Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $73Sale, conversion, retirement of capital stock, net
  • $128Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.54%Yield on earning assets
  • 4.09%Cost of funding earning assets
  • 5.45%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 4.52%Noninterest expense to earning assets
  • -0.74%Net operating income to assets
  • -0.74%Return on assets (ROA)
  • 0.21%Pretax return on assets
  • -12.20%Return on equity (ROE)
  • -14.15%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 1973.97%Credit loss provision to net charge-offs
  • 22.86%Efficiency ratio
  • 73,542Assets per employee
  • 2.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -16.00%Loss allowance to loans
  • 2.01%Loss allowance to noncurrent loans
  • 554.97%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 88.65%Net loans and leases to core deposits
  • 97.18%Equity capital to assets
  • 4.72%Core capital (leverage) ratio
  • 4.67%Tier 1 risk-based capital ratio
  • 6.30%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $107,727Average earning assets
  • $6,557Average equity
  • $102,704Average loans

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