FDIC Certificate #: 34040 Status: Active Federal Reserve ID: 2317672 Bank Holding Company (Regulatory Top Holder): First American Bancorp (RSSDID: 2747765, Location: Greenwood Village, CO) Date Established: July 10, 1995 WWW:http://www.fasbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 56017 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: 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: Commercial Lending Specialization Date of Deposit Insurance: July 10, 1995 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 8390 East Crescent Parkway, Suite 100, Greenwood Village, CO 80111 County: Arapahoe 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): 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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $241.0 mil Equity capital: $16.6 mil Deposits held in domestic offices: $198.3 mil Return on assets (ROA): 0.07% ($0.2 mil) Quarterly return on assets: 0.12% ($0.3 mil) Return on Equity (ROE): 0.92% ($0.2 mil) Quarterly return on equity: 1.69% ($0.3 mil) Net income: $0.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.11% ($265.1 mil) Quarterly Pretax return on assets: 0.20% ($481.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
25Total employees (full-time equivalent)
$240,966Total assets
$13,116Cash and due from depository institutions
$8,790Interest-bearing balances
$71,981Securities
$0Federal funds sold & reverse repurchase agreements
$130,558Net loans & leases
$2,817Loan loss allowance
$0Trading account assets
$249Bank premises and fixed assets
$18,025Other real estate owned
$0Goodwill and other intangibles
$240,966Life insurance assets
$7,037All other assets
$224,325Total liabilities and capital
$198,286Total liabilities
$169,240Total deposits
$198,286Interest-bearing deposits
$87Deposits held in domestic offices
3295.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$22,000Trading liabilities
$0Other borrowed funds
$744Subordinated debt
$16,641All other liabilities
$16,641Total equity capital
$16,641Total bank equity capital
$0Perpetual preferred stock
$1,160Common stock
$8,407Surplus
$7,074Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6,148Income earned, not collected on loans
$0Earning assets
$1,354Long-term assets (5+ years)
$211,329Average Assets, year-to-date
$79,583Average Assets, quarterly
$229,533Volatile liabilities
$238,756Insider loans
$149,046FHLB advances
$239,018Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$15,356Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,429Restructured Loans and leases
$847Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$9,693Total interest income
$3,013Total interest expense
$6,680Net interest income
$555Provision for loan and lease losses
$312Total noninterest income
$0Fiduciary activities
$105Service charges on deposit accounts
$0Trading account gains & fees
$207Additional noninterest income
$6,622Total noninterest expense
$2,301Salaries and employee benefits
$486Premises and equipment expense
$3,835Additional noninterest expense
-$185Pre-tax net operating income
$447Securities gains (losses)
$112Applicable income taxes
$150Income before extraordinary items
$0Extraordinary gains - net
$150Net income attributable to bank
$0Net charge-offs
$150Cash dividends
$605Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.74%Yield on earning assets
1.47%Cost of funding earning assets
3.27%Net interest margin
0.15%Noninterest income to earning assets
3.24%Noninterest expense to earning assets
-0.06%Net operating income to assets
0.07%Return on assets (ROA)
0.11%Pretax return on assets
0.92%Return on equity (ROE)
0.92%Retained earnings to average equity (YTD only)
0.44%Net charge-offs to loans
91.74%Credit loss provision to net charge-offs
0.61%Efficiency ratio
94,708Assets per employee
9.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.11%Loss allowance to noncurrent loans
45.82%Noncurrent assets plus other real estate owned to assets
10.03%Noncurrent loans to loans
4.61%Net loans and leases to deposits
65.84%Net loans and leases to core deposits
68.11%Equity capital to assets
6.91%Core capital (leverage) ratio
6.42%Tier 1 risk-based capital ratio
10.30%Total risk-based capital ratio
Memoranda
$12Average assets
$229,533Average earning assets
$16,369Average equity
$204,495Average loans
List of branches
1 Colorado Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
56017
First American State Bank
8390 East Crescent Parkway, Suite 100, Greenwood Village, CO 80111
July 10, 1995
Full Service Brick and Mortar
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