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

  • Equitable Savings and Loan Association in Sterling, Colorado (CO)
  • Show street view No street view available for this location

Equitable Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 30707
    Status: Active
    Federal Reserve ID: 206473
    Date Established: January 01, 1921
    WWW: http://www.equitable-savings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 10 (Domestic: 10, Interstate: No)
    OTS Docket #: 5778
    FDIC's unique #: 43541
    Numeric code: 35
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: August 10, 1954
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 221 N 3rd St, Sterling, CO 80751
    County: Logan
    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
    Core Based Statistical Area (CBSA): Sterling, CO (#44540)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $181.0 mil
    Equity capital: $22.9 mil
    Deposits held in domestic offices: $141.8 mil
    Return on assets (ROA): 0.84% ($1.5 mil)
    Quarterly return on assets: 0.82% ($1.5 mil)
    Return on Equity (ROE): 6.68% ($1.5 mil)
    Quarterly return on equity: 6.42% ($1.5 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.34% ($2,425.2 mil)
    Quarterly Pretax return on assets: 1.30% ($2,352.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 54Total employees (full-time equivalent)
  • $180,986Total assets
  • $1,474Cash and due from depository institutions
  • $0Interest-bearing balances
  • $7,860Securities
  • $8,500Federal funds sold & reverse repurchase agreements
  • $157,496Net loans & leases
  • $90Loan loss allowance
  • $0Trading account assets
  • $1,212Bank premises and fixed assets
  • $409Other real estate owned
  • $349Goodwill and other intangibles
  • $180,986Life insurance assets
  • $3,686All other assets
  • $158,037Total liabilities and capital
  • $141,816Total liabilities
  • $136,659Total deposits
  • $141,816Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,000Trading liabilities
  • $0Other borrowed funds
  • $1,221Subordinated debt
  • $22,949All other liabilities
  • $22,949Total equity capital
  • $22,949Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $0Surplus
  • $22,449Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $782Income earned, not collected on loans
  • $0Earning assets
  • $540Long-term assets (5+ years)
  • $173,856Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $178,174Volatile liabilities
  • $179,549Insider loans
  • $86,885FHLB advances
  • $180,419Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,592Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $964Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,548Total interest income
  • $2,139Total interest expense
  • $6,409Net interest income
  • $180Provision for loan and lease losses
  • $619Total noninterest income
  • $0Fiduciary activities
  • $90Service charges on deposit accounts
  • $0Trading account gains & fees
  • $529Additional noninterest income
  • $4,458Total noninterest expense
  • $2,782Salaries and employee benefits
  • $778Premises and equipment expense
  • $898Additional noninterest expense
  • $2,390Pre-tax net operating income
  • $0Securities gains (losses)
  • $887Applicable income taxes
  • $1,503Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,503Net income attributable to bank
  • $0Net charge-offs
  • $1,503Cash dividends
  • $180Sale, conversion, retirement of capital stock, net
  • $500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.00%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 3.75%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 6.68%Return on equity (ROE)
  • 4.46%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 14.28%Efficiency ratio
  • 63,432Assets per employee
  • 3.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.27%Loss allowance to loans
  • 0.06%Loss allowance to noncurrent loans
  • 11.51%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 0.50%Net loans and leases to deposits
  • 111.06%Net loans and leases to core deposits
  • 118.26%Equity capital to assets
  • 12.68%Core capital (leverage) ratio
  • 12.52%Tier 1 risk-based capital ratio
  • 26.00%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $178,174Average earning assets
  • $22,508Average equity
  • $170,928Average loans

List of branches

  • 10 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043541Equitable Savings And Loan Associati221 N 3rd St, Sterling, CO 80751January 01, 1921Full Service Brick and Mortar
    128180114th And Lowell Branch1420 Lowell Avenue, Burlington, CO 80807January 01, 1921Full Service Brick and Mortar
    3281802331 Main Street Branch331 Main Street, Fort Morgan, CO 80701January 01, 1921Full Service Brick and Mortar
    4281803120 Cedar Street Branch120 Cedar Street, Julesburg, CO 80737January 01, 1921Full Service Brick and Mortar
    5281804201 Main Street Branch201 Main Avenue, Akron, CO 80720January 01, 1921Full Service Brick and Mortar
    6281805300 Main St Branch300 Main Street, Wray, CO 80758January 01, 1921Full Service Brick and Mortar
    7281806Yuma Branch222 S. Main Street, Yuma, CO 80759January 01, 1921Full Service Brick and Mortar
    100281807888 Main St Branch888 Main Street, Limon, CO 80828January 01, 1921Full Service Brick and Mortar
    101495230Fort Collins Branch300 E Horsetooth Rd Ste 102, Fort Collins, CO 80525July 01, 2007Full Service Brick and Mortar
    102520575Brush Branch300 Main St, Brush, CO 80723August 15, 2000Full 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 Equitable Savings and Loan Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents