Colorado East Bank & Trust in Lamar, Colorado (CO), KS
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Colorado East Bank & Trust in Lamar, Colorado (CO), KS
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Colorado East Bank & Trust - Overview

  • General
  • FDIC Certificate #: 3027
    Status: Active
    Federal Reserve ID: 320155
    Bank Holding Company (Regulatory Top Holder): Coloeast Bankshares, Inc. (RSSDID: 2146359, Location: Lamar, CO)
    Date Established: April 22, 1905
    WWW: http://www.coloeast.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 18 (Domestic: 18, Interstate: Yes)
    FDIC's unique #: 1924
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 01, 2011
    Last Structure Change Process Date: November 01, 2011
    Last Data Update: November 01, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 West Pearl Street, Lamar, CO 81052
    County: Prowers
    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: $798.2 mil
    Equity capital: $88.5 mil
    Deposits held in domestic offices: $704.8 mil
    Return on assets (ROA): -0.74% (-$5.9 mil)
    Quarterly return on assets: -0.21% (-$1.7 mil)
    Return on Equity (ROE): -6.91% (-$6.1 mil)
    Quarterly return on equity: -1.96% (-$1.7 mil)
    Net income: -$6.2 mil
    Quarterly Net income: -$0.4 mil
    Pretax return on assets: -1.38% (-$11,014.7 mil)
    Quarterly Pretax return on assets: -2.90% (-$23,146.8 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, 2011)

  • Dollar figures in thousands
  • 236Total employees (full-time equivalent)
  • $798,164Total assets
  • $59,504Cash and due from depository institutions
  • $43,786Interest-bearing balances
  • $173,735Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $480,216Net loans & leases
  • $10,987Loan loss allowance
  • $0Trading account assets
  • $21,411Bank premises and fixed assets
  • $24,191Other real estate owned
  • $12,449Goodwill and other intangibles
  • $798,164Life insurance assets
  • $26,658All other assets
  • $709,672Total liabilities and capital
  • $704,838Total liabilities
  • $585,481Total deposits
  • $704,838Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,306Trading liabilities
  • $0Other borrowed funds
  • $2,528Subordinated debt
  • $88,492All other liabilities
  • $88,492Total equity capital
  • $88,492Total bank equity capital
  • $0Perpetual preferred stock
  • $110Common stock
  • $63,261Surplus
  • $25,121Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $21,354Income earned, not collected on loans
  • $53Earning assets
  • $8,737Long-term assets (5+ years)
  • $697,737Average Assets, year-to-date
  • $272,914Average Assets, quarterly
  • $839,420Volatile liabilities
  • $813,763Insider loans
  • $565,710FHLB advances
  • $789,802Loans and leases held for sale
  • $7,655Unused loan commitments
  • $6,935Tier 1 (core) risk-based capital
  • $71,842Tier 2 risk-based capital
  • $720Total risk weighted assets
  • $0Total unused commitments
  • $78,413Restructured Loans and leases
  • $3,038Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $37,648Total interest income
  • $7,343Total interest expense
  • $30,305Net interest income
  • $14,769Provision for loan and lease losses
  • -$3,033Total noninterest income
  • $161Fiduciary activities
  • $1,528Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$4,722Additional noninterest income
  • $24,037Total noninterest expense
  • $13,197Salaries and employee benefits
  • $2,899Premises and equipment expense
  • $7,941Additional noninterest expense
  • -$11,534Pre-tax net operating income
  • -$36Securities gains (losses)
  • -$5,375Applicable income taxes
  • -$6,195Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,195Net income attributable to bank
  • $0Net charge-offs
  • -$6,195Cash dividends
  • $11,457Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.05%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 4.07%Net interest margin
  • -0.41%Noninterest income to earning assets
  • 3.23%Noninterest expense to earning assets
  • -0.74%Net operating income to assets
  • -0.74%Return on assets (ROA)
  • -1.38%Pretax return on assets
  • -6.91%Return on equity (ROE)
  • -6.91%Retained earnings to average equity (YTD only)
  • 2.22%Net charge-offs to loans
  • 128.91%Credit loss provision to net charge-offs
  • 0.28%Efficiency ratio
  • 86,774Assets per employee
  • 3.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 51.45%Noncurrent assets plus other real estate owned to assets
  • 5.71%Noncurrent loans to loans
  • 4.35%Net loans and leases to deposits
  • 68.13%Net loans and leases to core deposits
  • 72.38%Equity capital to assets
  • 11.09%Core capital (leverage) ratio
  • 9.10%Tier 1 risk-based capital ratio
  • 12.70%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $839,420Average earning assets
  • $89,659Average equity
  • $745,236Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $48,255Managed Assets
  • 1Number of Accounts
  • $17,664Personal trust and agency accounts
  • $10,987Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,504Other retirement accounts
  • $0Corporate trust and agency accounts
  • $111Investment management agency accounts
  • $604Other fiduciary accounts
  • $2,458Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 293Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $30,591Other retirement accounts
  • $4,679Corporate trust and agency accounts
  • $277Other fiduciary accounts
  • $25,635Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2010)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $11,3391-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

List of branches

  • 16 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01924Colorado East Bank & Trust100 West Pearl Street, Lamar, CO 81052April 22, 1905Full Service Brick and Mortar
    11175Granada Branch108 East Goff Street, Granada, CO 81041January 01, 1915Full Service Brick and Mortar
    2190130Holly Branch101 North Main, Holly, CO 81047September 15, 1994Full Service Brick and Mortar
    315777Springfield Branch1030 Main Street, Springfield, CO 81073March 01, 1978Full Service Brick and Mortar
    418135La Junta Branch405 Colorado Avenue, La Junta, CO 81050January 03, 1978Full Service Brick and Mortar
    6359075Keenesburg Branch550 East Woodward Avenue, Keenesburg, CO 80643October 10, 1946Full Service Brick and Mortar
    7419058La Salle Branch207 1st Avenue, La Salle, CO 80645May 05, 2003Full Service Brick and Mortar
    8439657Dacono Branch801 Flying Circle Blvd., Dacono, CO 80514April 04, 2005Full Service Brick and Mortar
    9360384Pueblo Branch1515 Fortino Boulevard, Pueblo, CO 81008June 11, 2001Full Service Brick and Mortar
    10429725Pueblo West Branch94 S Tiffany, Pueblo West, CO 81007December 17, 2003Full Service Brick and Mortar
    13238029Buena Vista Branch725 Highway 24 North, Buena Vista, CO 81211June 09, 1997Full Service Brick and Mortar
    1413446Fairplay Branch351 Highway 285, Fairplay, CO 80440May 01, 1898Full Service Brick and Mortar
    15466528Prairie Avenue Branch1219 S. Prairie Avenue, Pueblo, CO 81005April 30, 2007Full Service Brick and Mortar
    161948Stratton Branch141 Colorado Avenue, Stratton, CO 80836January 01, 1918Full Service Brick and Mortar
    17480412Severance Branch399 West 4th Avenue, Severance, CO 80546March 17, 2008Full Service Brick and Mortar
    18480413Mead Branch141 Main Street, Mead, CO 80542March 17, 2008Full Service Brick and Mortar
  • 2 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    113197Tribune Branch423 Broadway, Tribune, KS 67879January 01, 1922Full Service Brick and Mortar
    1211579Morton Street Branch432 Morton Street, Elkhart, KS 67950July 20, 1915Full Service Brick and Mortar

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