Colorado National Bank in Palisade, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches


Colorado National Bank - Overview

  • General
  • FDIC Certificate #: 13986
    Status: Active
    Federal Reserve ID: 403254
    Bank Holding Company (Regulatory Top Holder): Colorado National Bancorp (RSSDID: 3997848, Location: Denver, CO)
    Date Established: December 11, 1905
    WWW: http://www.palisadebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 1, Interstate: No)
    FDIC's unique #: 8747
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 27, 1934
    Last Structure Change Effective Date: October 31, 2011
    Last Structure Change Process Date: November 18, 2011
    Last Data Update: November 18, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 West 8th Street, Palisade, CO 81526
    County: Mesa
    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
    Metropolitan Statistical Area (MSA): Grand Junction, CO (#2995)
    Core Based Statistical Area (CBSA): Grand Junction, CO (#24300)
    CBSA Metro Statistical Area: Grand Junction, CO (#24300)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $51.7 mil
    Equity capital: $11.8 mil
    Deposits held in domestic offices: $39.4 mil
    Return on assets (ROA): 0.54% ($0.3 mil)
    Quarterly return on assets: 0.04% ($0.0 mil)
    Return on Equity (ROE): 2.70% ($0.3 mil)
    Quarterly return on equity: 0.17% ($0.0 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.86% ($444.2 mil)
    Quarterly Pretax return on assets: 1.29% ($666.3 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
  • 9Total employees (full-time equivalent)
  • $51,654Total assets
  • $8,485Cash and due from depository institutions
  • $8,161Interest-bearing balances
  • $11,809Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $22,533Net loans & leases
  • $227Loan loss allowance
  • $0Trading account assets
  • $700Bank premises and fixed assets
  • $0Other real estate owned
  • $5,657Goodwill and other intangibles
  • $51,654Life insurance assets
  • $2,470All other assets
  • $39,841Total liabilities and capital
  • $39,370Total liabilities
  • $26,407Total deposits
  • $39,370Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $471Subordinated debt
  • $11,813All other liabilities
  • $11,813Total equity capital
  • $11,813Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $11,395Surplus
  • $318Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $290Income earned, not collected on loans
  • $0Earning assets
  • $141Long-term assets (5+ years)
  • $42,503Average Assets, year-to-date
  • $13,657Average Assets, quarterly
  • $53,793Volatile liabilities
  • $54,639Insider loans
  • $25,183FHLB advances
  • $48,474Loans and leases held for sale
  • $972Unused loan commitments
  • $972Tier 1 (core) risk-based capital
  • $6,130Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,381Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,965Total interest income
  • $82Total interest expense
  • $1,883Net interest income
  • $235Provision for loan and lease losses
  • $376Total noninterest income
  • $0Fiduciary activities
  • $153Service charges on deposit accounts
  • $0Trading account gains & fees
  • $223Additional noninterest income
  • $1,927Total noninterest expense
  • $640Salaries and employee benefits
  • $179Premises and equipment expense
  • $1,108Additional noninterest expense
  • $97Pre-tax net operating income
  • $366Securities gains (losses)
  • $171Applicable income taxes
  • $292Income before extraordinary items
  • $0Extraordinary gains - net
  • $292Net income attributable to bank
  • $0Net charge-offs
  • $292Cash dividends
  • $8Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.38%Yield on earning assets
  • 0.18%Cost of funding earning assets
  • 4.20%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 4.29%Noninterest expense to earning assets
  • 0.11%Net operating income to assets
  • 0.54%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 2.70%Return on equity (ROE)
  • 2.70%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 2937.50%Credit loss provision to net charge-offs
  • 41.50%Efficiency ratio
  • 79,726Assets per employee
  • 5.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 78.28%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 1.27%Net loans and leases to deposits
  • 57.23%Net loans and leases to core deposits
  • 57.85%Equity capital to assets
  • 22.87%Core capital (leverage) ratio
  • 12.65%Tier 1 risk-based capital ratio
  • 24.34%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $53,793Average earning assets
  • $10,815Average equity
  • $44,872Average loans

List of branches

  • 2 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08747Colorado National Bank600 West 8th Street, Palisade, CO 81526December 11, 1905Full Service Brick and Mortar
    452844217th Street Branch1225 17th Street, Suite 150, Denver, CO 80202Febuary 01, 2012Full Service Brick and Mortar

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