Colorado National Bank - Exchange in Colorado Springs, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 1993

  • Colorado National Bank - Exchange in Colorado Springs, Colorado (CO)
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Colorado National Bank - Exchange - Overview

  • General
  • FDIC Certificate #: 3006
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Colorado National Bank (#3010)
    Federal Reserve ID: 638159
    Date Established: August 26, 1888
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 1905
    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: January 01, 1934
    Last Structure Change Effective Date: May 01, 1993
    Last Structure Change Process Date: May 26, 1993
    Last Data Update: August 24, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Pikes Peak And Tejon, Colorado Springs, CO 80943
    County: El Paso
    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): Colorado Springs, CO (#1720)
    Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820)
    CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $299.9 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $137Total assets
  • $304,717Cash and due from depository institutions
  • $27,194Interest-bearing balances
  • $4,000Securities
  • $130,145Federal funds sold & reverse repurchase agreements
  • $14,052Net loans & leases
  • $116,201Loan loss allowance
  • $6,957Trading account assets
  • $0Bank premises and fixed assets
  • $6,496Other real estate owned
  • $2,041Goodwill and other intangibles
  • $3,725Life insurance assets
  • $4,863All other assets
  • $0Total liabilities and capital
  • $304,717Total liabilities
  • $277,558Total deposits
  • $274,964Interest-bearing deposits
  • $211,568Deposits held in domestic offices
  • 274964.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,594Total equity capital
  • $2,594Total bank equity capital
  • $27,159Perpetual preferred stock
  • $0Common stock
  • $9,000Surplus
  • $36,500Undivided profits
  • Memoranda
  • $-18,341Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,618Income earned, not collected on loans
  • $944Earning assets
  • $264,398Long-term assets (5+ years)
  • $53,310Average Assets, year-to-date
  • $313,017Average Assets, quarterly
  • $309,336Volatile liabilities
  • $8,833Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $251Unused loan commitments
  • $23,404Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $22,296Total risk weighted assets
  • $134,383Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $23,235Total interest expense
  • $9,206Net interest income
  • $14,029Provision for loan and lease losses
  • $1,683Total noninterest income
  • $4,991Fiduciary activities
  • $1,355Service charges on deposit accounts
  • $1,683Trading account gains & fees
  • $0Additional noninterest income
  • $1,953Total noninterest expense
  • $13,694Salaries and employee benefits
  • $4,279Premises and equipment expense
  • $1,179Additional noninterest expense
  • $8,236Pre-tax net operating income
  • $3,643Securities gains (losses)
  • $0Applicable income taxes
  • -$82Income before extraordinary items
  • $3,725Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,725Net charge-offs
  • $2,080Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.62%Cost of funding earning assets
  • 3.41%Net interest margin
  • 5.20%Noninterest income to earning assets
  • 1.85%Noninterest expense to earning assets
  • 5.08%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 1.16%Return on equity (ROE)
  • 15.06%Retained earnings to average equity (YTD only)
  • 15.06%Net charge-offs to loans
  • 1.58%Credit loss provision to net charge-offs
  • 80.91%Efficiency ratio
  • 64,059Assets per employee
  • 2.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.65%Loss allowance to noncurrent loans
  • 192.29%Noncurrent assets plus other real estate owned to assets
  • 1.86%Noncurrent loans to loans
  • 2.94%Net loans and leases to deposits
  • 42.26%Net loans and leases to core deposits
  • 43.66%Equity capital to assets
  • 8.91%Core capital (leverage) ratio
  • 7.23%Tier 1 risk-based capital ratio
  • 16.59%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $313,017Average earning assets
  • $24,730Average equity
  • $269,576Average loans

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