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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