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

This bank is inactive as of April 01, 1996

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

  • General
  • FDIC Certificate #: 26293
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Colorado Community First State Bank (#22006)
    Federal Reserve ID: 258258
    Date Established: June 03, 1985
    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 #: 32700
    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: June 03, 1985
    Last Structure Change Effective Date: April 01, 1996
    Last Structure Change Process Date: April 18, 1996
    Last Data Update: April 18, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 701 South Xerex, Fraser, CO 80442
    County: Grand
    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
  • Financial Summary
  • Total assets: $28.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $15Total assets
  • $27,108Cash and due from depository institutions
  • $1,512Interest-bearing balances
  • $11Securities
  • $3,348Federal funds sold & reverse repurchase agreements
  • $2,725Net loans & leases
  • $16,797Loan loss allowance
  • $221Trading account assets
  • $0Bank premises and fixed assets
  • $635Other real estate owned
  • $253Goodwill and other intangibles
  • $895Life insurance assets
  • $943All other assets
  • $0Total liabilities and capital
  • $27,108Total liabilities
  • $24,262Total deposits
  • $23,559Interest-bearing deposits
  • $15,392Deposits held in domestic offices
  • 23559.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $240Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $463Total equity capital
  • $463Total bank equity capital
  • $2,846Perpetual preferred stock
  • $0Common stock
  • $825Surplus
  • $1,884Undivided profits
  • Memoranda
  • $137Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $129Earning assets
  • $22,881Long-term assets (5+ years)
  • $1,329Average Assets, year-to-date
  • $24,119Average Assets, quarterly
  • $25,071Volatile liabilities
  • $3,494Insider loans
  • $131FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,390Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,871Total risk weighted assets
  • $18,222Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,206Total interest expense
  • $420Net interest income
  • $1,786Provision for loan and lease losses
  • $81Total noninterest income
  • $331Fiduciary activities
  • $0Service charges on deposit accounts
  • $250Trading account gains & fees
  • $0Additional noninterest income
  • $81Total noninterest expense
  • $1,106Salaries and employee benefits
  • $605Premises and equipment expense
  • $119Additional noninterest expense
  • $382Pre-tax net operating income
  • $930Securities gains (losses)
  • $16Applicable income taxes
  • $350Income before extraordinary items
  • $596Extraordinary gains - net
  • $0Net income attributable to bank
  • $596Net charge-offs
  • $26Cash dividends
  • $536Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 10.79%Cost of funding earning assets
  • 2.05%Net interest margin
  • 8.73%Noninterest income to earning assets
  • 1.62%Noninterest expense to earning assets
  • 5.41%Net operating income to assets
  • 2.43%Return on assets (ROA)
  • 2.47%Pretax return on assets
  • 3.92%Return on equity (ROE)
  • 21.33%Retained earnings to average equity (YTD only)
  • 2.15%Net charge-offs to loans
  • 0.17%Credit loss provision to net charge-offs
  • 311.54%Efficiency ratio
  • 48,843Assets per employee
  • 1.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.93%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.93%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 71.30%Net loans and leases to core deposits
  • 82.72%Equity capital to assets
  • 10.50%Core capital (leverage) ratio
  • 7.07%Tier 1 risk-based capital ratio
  • 10.27%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $24,119Average earning assets
  • $2,794Average equity
  • $20,450Average loans

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