First American State Bank in Greenwood Village, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First American State Bank in Greenwood Village, Colorado (CO)
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First American State Bank - Overview

  • General
  • 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
    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
  • NoIDNameAddressEstablishedService TypeMap
    056017First American State Bank8390 East Crescent Parkway, Suite 100, Greenwood Village, CO 80111July 10, 1995Full Service Brick and Mortar

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