Colorado Community First National Bank in Trinidad, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1997

  • Colorado Community First National Bank in Trinidad, Colorado (CO)
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Colorado Community First National Bank - Overview

  • General
  • FDIC Certificate #: 14398
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community First National Bank (#14297)
    Federal Reserve ID: 120551
    Date Established: January 01, 1886
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 8997
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: May 15, 1934
    Last Structure Change Effective Date: April 01, 1997
    Last Structure Change Process Date: April 18, 1997
    Last Data Update: April 18, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 125 North Commercial Street, Trinidad, CO 81082
    County: Las Animas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $73.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $25Total assets
  • $71,868Cash and due from depository institutions
  • $5,530Interest-bearing balances
  • $0Securities
  • $33,903Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $30,795Loan loss allowance
  • $337Trading account assets
  • $0Bank premises and fixed assets
  • $598Other real estate owned
  • $65Goodwill and other intangibles
  • $977Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $71,868Total liabilities
  • $64,298Total deposits
  • $59,930Interest-bearing deposits
  • $52,808Deposits held in domestic offices
  • 59930.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $2,225Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,143Total equity capital
  • $2,143Total bank equity capital
  • $7,570Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $750Undivided profits
  • Memoranda
  • $6,220Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $618Income earned, not collected on loans
  • $273Earning assets
  • $64,698Long-term assets (5+ years)
  • $11,142Average Assets, year-to-date
  • $69,618Average Assets, quarterly
  • $70,695Volatile liabilities
  • $16,941Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,620Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,576Total risk weighted assets
  • $36,591Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,011Total interest expense
  • $2,419Net interest income
  • $2,592Provision for loan and lease losses
  • $105Total noninterest income
  • $330Fiduciary activities
  • $0Service charges on deposit accounts
  • $229Trading account gains & fees
  • $0Additional noninterest income
  • $101Total noninterest expense
  • $1,341Salaries and employee benefits
  • $681Premises and equipment expense
  • $115Additional noninterest expense
  • $545Pre-tax net operating income
  • $1,476Securities gains (losses)
  • -$34Applicable income taxes
  • $519Income before extraordinary items
  • $923Extraordinary gains - net
  • $0Net income attributable to bank
  • $923Net charge-offs
  • $293Cash dividends
  • $1,500Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.73%Cost of funding earning assets
  • 3.73%Net interest margin
  • 4.00%Noninterest income to earning assets
  • 0.51%Noninterest expense to earning assets
  • 2.07%Net operating income to assets
  • 1.36%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 2.07%Return on equity (ROE)
  • 11.14%Retained earnings to average equity (YTD only)
  • -6.96%Net charge-offs to loans
  • 1.13%Credit loss provision to net charge-offs
  • 35.84%Efficiency ratio
  • 45,448Assets per employee
  • 2.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 162.51%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 54.53%Noncurrent assets plus other real estate owned to assets
  • 0.95%Noncurrent loans to loans
  • 1.99%Net loans and leases to deposits
  • 51.38%Net loans and leases to core deposits
  • 68.11%Equity capital to assets
  • 10.53%Core capital (leverage) ratio
  • 10.41%Tier 1 risk-based capital ratio
  • 20.70%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $69,618Average earning assets
  • $8,285Average equity
  • $64,861Average loans

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