Community First National Bank in Thornton, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1998

  • Community First National Bank in Thornton, Colorado (CO)
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Community First National Bank - Overview

  • General
  • FDIC Certificate #: 23407
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community First National Bank (#14297)
    Federal Reserve ID: 401157
    Date Established: May 04, 1981
    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)
    OTS Docket #: 9839
    FDIC's unique #: 16408
    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: May 04, 1981
    Last Structure Change Effective Date: July 01, 1998
    Last Structure Change Process Date: July 22, 1998
    Last Data Update: July 22, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 12000 North Washington, Thornton, CO 80241
    County: Adams
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Denver, CO (#2080)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • Financial Summary
  • Total assets: $83.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 55Total employees (full-time equivalent)
  • $77,596Total assets
  • $5,524Cash and due from depository institutions
  • $99Interest-bearing balances
  • $10,472Securities
  • $4,100Federal funds sold & reverse repurchase agreements
  • $52,902Net loans & leases
  • $224Loan loss allowance
  • $0Trading account assets
  • $3,344Bank premises and fixed assets
  • $527Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $727All other assets
  • $77,596Total liabilities and capital
  • $72,174Total liabilities
  • $71,742Total deposits
  • $54,456Interest-bearing deposits
  • $71,742Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $432All other liabilities
  • $5,422Total equity capital
  • $5,422Total bank equity capital
  • $5,422Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $650Undivided profits
  • Memoranda
  • $4,272Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $197Earning assets
  • $0Long-term assets (5+ years)
  • $354Average Assets, year-to-date
  • $67,573Average Assets, quarterly
  • $9,368Volatile liabilities
  • $71,445Insider loans
  • $77,197FHLB advances
  • $10,770Loans and leases held for sale
  • $1,278Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,362Total unused commitments
  • $0Restructured Loans and leases
  • $55,924Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $5,732Total interest income
  • $2,252Total interest expense
  • $3,480Net interest income
  • $101Provision for loan and lease losses
  • $1,474Total noninterest income
  • $0Fiduciary activities
  • $876Service charges on deposit accounts
  • $0Trading account gains & fees
  • $598Additional noninterest income
  • $2,982Total noninterest expense
  • $1,501Salaries and employee benefits
  • $385Premises and equipment expense
  • $1,096Additional noninterest expense
  • $1,871Pre-tax net operating income
  • $0Securities gains (losses)
  • $23Applicable income taxes
  • $1,848Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,848Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $89Sale, conversion, retirement of capital stock, net
  • $1,301Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.15%Yield on earning assets
  • 3.60%Cost of funding earning assets
  • 5.56%Net interest margin
  • 2.35%Noninterest income to earning assets
  • 4.76%Noninterest expense to earning assets
  • 2.59%Net operating income to assets
  • 2.59%Return on assets (ROA)
  • 2.62%Pretax return on assets
  • 36.02%Return on equity (ROE)
  • 10.66%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 113.48%Credit loss provision to net charge-offs
  • 22.16%Efficiency ratio
  • 60,194Assets per employee
  • 1.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.40%Loss allowance to loans
  • 0.42%Loss allowance to noncurrent loans
  • 113.71%Noncurrent assets plus other real estate owned to assets
  • 0.93%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 73.74%Net loans and leases to core deposits
  • 86.76%Equity capital to assets
  • 6.99%Core capital (leverage) ratio
  • 6.94%Tier 1 risk-based capital ratio
  • 9.59%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $71,445Average earning assets
  • $5,131Average equity
  • $62,623Average loans

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