Community State Bank in Lamar, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches


Community State Bank - Overview

  • General
  • FDIC Certificate #: 58732
    Status: Active
    Federal Reserve ID: 3617856
    Bank Holding Company (Regulatory Top Holder): Community State Bankshares, Inc. (RSSDID: 3619140, Location: Lamar, CO)
    Date Established: July 15, 2008
    WWW: http://www.csb-lamar.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 465259
    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: July 15, 2008
    Last Structure Change Effective Date: July 16, 2011
    Last Structure Change Process Date: July 26, 2011
    Last Data Update: July 26, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 717 North Main 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: $76.9 mil
    Equity capital: $8.4 mil
    Deposits held in domestic offices: $68.1 mil
    Return on assets (ROA): 1.09% ($0.8 mil)
    Quarterly return on assets: 1.17% ($0.9 mil)
    Return on Equity (ROE): 10.16% ($0.8 mil)
    Quarterly return on equity: 10.58% ($0.8 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.09% ($838.0 mil)
    Quarterly Pretax return on assets: 1.17% ($899.6 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
  • 14Total employees (full-time equivalent)
  • $76,885Total assets
  • $7,039Cash and due from depository institutions
  • $6,520Interest-bearing balances
  • $15,089Securities
  • $8,100Federal funds sold & reverse repurchase agreements
  • $45,410Net loans & leases
  • $1,104Loan loss allowance
  • $0Trading account assets
  • $272Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $76,885Life insurance assets
  • $975All other assets
  • $68,514Total liabilities and capital
  • $68,084Total liabilities
  • $56,666Total deposits
  • $68,084Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $257Trading liabilities
  • $0Other borrowed funds
  • $173Subordinated debt
  • $8,371All other liabilities
  • $8,371Total equity capital
  • $8,371Total bank equity capital
  • $0Perpetual preferred stock
  • $4,000Common stock
  • $4,000Surplus
  • $371Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3Income earned, not collected on loans
  • $0Earning assets
  • $721Long-term assets (5+ years)
  • $75,119Average Assets, year-to-date
  • $2,027Average Assets, quarterly
  • $73,586Volatile liabilities
  • $75,011Insider loans
  • $48,744FHLB advances
  • $76,152Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,192Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,001Restructured Loans and leases
  • $626Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,515Total interest income
  • $865Total interest expense
  • $2,650Net interest income
  • $330Provision for loan and lease losses
  • $159Total noninterest income
  • $0Fiduciary activities
  • $142Service charges on deposit accounts
  • $0Trading account gains & fees
  • $17Additional noninterest income
  • $1,677Total noninterest expense
  • $871Salaries and employee benefits
  • $261Premises and equipment expense
  • $545Additional noninterest expense
  • $802Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $802Income before extraordinary items
  • $0Extraordinary gains - net
  • $802Net income attributable to bank
  • $0Net charge-offs
  • $802Cash dividends
  • $27Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.90%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 2.34%Noninterest expense to earning assets
  • 1.09%Net operating income to assets
  • 1.09%Return on assets (ROA)
  • 1.09%Pretax return on assets
  • 10.16%Return on equity (ROE)
  • 10.16%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 1222.22%Credit loss provision to net charge-offs
  • 41.93%Efficiency ratio
  • 59,701Assets per employee
  • 5.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.37%Loss allowance to noncurrent loans
  • 36800.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 66.70%Net loans and leases to core deposits
  • 80.36%Equity capital to assets
  • 10.89%Core capital (leverage) ratio
  • 10.76%Tier 1 risk-based capital ratio
  • 16.81%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $73,586Average earning assets
  • $7,890Average equity
  • $71,712Average loans

List of branches

  • 1 Colorado Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0465259Community State Bank717 North Main Street, Lamar, CO 81052July 15, 2008Full Service Brick and Mortar

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