Colorado Springs Savings and Loan Association in Colorado Springs, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 10, 1997

Colorado Springs Savings and Loan Association in Colorado Springs, Colorado (CO)
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Colorado Springs Savings and Loan Association - Overview

General
FDIC Certificate #: 32476
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Peoples National Bank (#22211)
Federal Reserve ID: 257176
Date Established: June 02, 1986
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 8307
FDIC's unique #: 45310
Numeric code: 35
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: June 02, 1986
Last Structure Change Effective Date: January 10, 1997
Last Structure Change Process Date: January 16, 1997
Last Data Update: January 16, 1997
Data Source Date: April 05, 2012
Location
Address: 102 South Tejon, Suite 101, Colorado Springs, CO 80903
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)
Financial Summary
Total assets: $77.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$52Total assets
$77,029Cash and due from depository institutions
$1,245Interest-bearing balances
$1,104Securities
$8,641Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$61,246Loan loss allowance
$215Trading account assets
$0Bank premises and fixed assets
$251Other real estate owned
$6Goodwill and other intangibles
$2,125Life insurance assets
$3,515All other assets
$0Total liabilities and capital
$77,029Total liabilities
$71,513Total deposits
$49,622Interest-bearing deposits
$44,995Deposits held in domestic offices
49622.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$21,400Subordinated debt
$0All other liabilities
$491Total equity capital
$491Total bank equity capital
$5,516Perpetual preferred stock
$0Common stock
$1,683Surplus
$1,792Undivided profits
Memoranda
$2,041Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$799Income earned, not collected on loans
$380Earning assets
$70,991Long-term assets (5+ years)
$0Average Assets, year-to-date
$73,083Average Assets, quarterly
$77,242Volatile liabilities
$27,317Insider loans
$3FHLB advances
$21,400Loans and leases held for sale
$0Unused loan commitments
$4,444Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,763Total risk weighted assets
$39,471Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$5,580Total interest expense
$3,119Net interest income
$2,461Provision for loan and lease losses
$21Total noninterest income
$1,323Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$1,323Total noninterest expense
$4,188Salaries and employee benefits
$2,548Premises and equipment expense
$581Additional noninterest expense
$1,059Pre-tax net operating income
-$425Securities gains (losses)
$1,631Applicable income taxes
$441Income before extraordinary items
$765Extraordinary gains - net
$0Net income attributable to bank
$765Net charge-offs
$1Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.32%Cost of funding earning assets
4.65%Net interest margin
3.67%Noninterest income to earning assets
1.97%Noninterest expense to earning assets
6.25%Net operating income to assets
-0.38%Return on assets (ROA)
1.05%Pretax return on assets
1.65%Return on equity (ROE)
14.94%Retained earnings to average equity (YTD only)
14.94%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
2100.00%Efficiency ratio
110,333Assets per employee
1.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.35%Loss allowance to noncurrent loans
26.91%Noncurrent assets plus other real estate owned to assets
1.05%Noncurrent loans to loans
1.30%Net loans and leases to deposits
123.43%Net loans and leases to core deposits
140.13%Equity capital to assets
7.16%Core capital (leverage) ratio
6.24%Tier 1 risk-based capital ratio
12.07%Total risk-based capital ratio
Memoranda
$13Average assets
$73,083Average earning assets
$5,119Average equity
$67,032Average loans

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