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
    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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Community State Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents