First Colorado National Bank in city_name, state_name - Detailed Financial Reports, Location

First Colorado National Bank in Paonia, Colorado (CO)
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First Colorado National Bank routing number info

First Colorado National Bank - Overview

General
FDIC Certificate #: 3047
Status: Active
Federal Reserve ID: 587752
Bank Holding Company (Regulatory Top Holder): First Colorado Financial Corp. (RSSDID: 3556375, Location: Paonia, CO)
Date Established: January 04, 1903
WWW: http://www.firstcoloradobank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 1941
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 14, 2012
Last Structure Change Process Date: March 26, 2012
Last Data Update: March 26, 2012
Data Source Date: April 05, 2012
Location
Address: 133 Grand Avenue, Paonia, CO 81428
County: Delta
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
History of Changes
Change in Location
Financial Summary
Total assets: $47.0 mil
Equity capital: $8.3 mil
Deposits held in domestic offices: $38.5 mil
Return on assets (ROA): 2.64% ($1.2 mil)
Quarterly return on assets: -1.22% (-$0.6 mil)
Return on Equity (ROE): 16.79% ($1.3 mil)
Quarterly return on equity: -6.94% (-$0.6 mil)
Net income: $1.3 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 2.64% ($1,240.5 mil)
Quarterly Pretax return on assets: -1.22% (-$573.3 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
26Total employees (full-time equivalent)
$46,989Total assets
$3,271Cash and due from depository institutions
$1,198Interest-bearing balances
$2,050Securities
$4,900Federal funds sold & reverse repurchase agreements
$30,885Net loans & leases
$1,019Loan loss allowance
$0Trading account assets
$1,394Bank premises and fixed assets
$944Other real estate owned
$2,407Goodwill and other intangibles
$46,989Life insurance assets
$1,138All other assets
$38,707Total liabilities and capital
$38,477Total liabilities
$27,886Total deposits
$38,477Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$230Subordinated debt
$8,282All other liabilities
$8,282Total equity capital
$8,282Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$7,293Surplus
$689Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,287Income earned, not collected on loans
$0Earning assets
$215Long-term assets (5+ years)
$39,033Average Assets, year-to-date
$20,157Average Assets, quarterly
$49,927Volatile liabilities
$47,625Insider loans
$35,582FHLB advances
$45,539Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,850Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$625Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,120Total interest income
$432Total interest expense
$1,688Net interest income
$1,136Provision for loan and lease losses
$5,230Total noninterest income
$0Fiduciary activities
$57Service charges on deposit accounts
$0Trading account gains & fees
$5,173Additional noninterest income
$4,479Total noninterest expense
$2,402Salaries and employee benefits
$298Premises and equipment expense
$1,779Additional noninterest expense
$1,303Pre-tax net operating income
$13Securities gains (losses)
$0Applicable income taxes
$1,316Income before extraordinary items
$0Extraordinary gains - net
$1,316Net income attributable to bank
$0Net charge-offs
$1,316Cash dividends
$1,106Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.02%Yield on earning assets
1.02%Cost of funding earning assets
4.00%Net interest margin
12.39%Noninterest income to earning assets
10.61%Noninterest expense to earning assets
2.61%Net operating income to assets
2.64%Return on assets (ROA)
2.64%Pretax return on assets
16.79%Return on equity (ROE)
16.79%Retained earnings to average equity (YTD only)
3.15%Net charge-offs to loans
102.71%Credit loss provision to net charge-offs
2.21%Efficiency ratio
63,703Assets per employee
1.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.19%Loss allowance to noncurrent loans
79.18%Noncurrent assets plus other real estate owned to assets
4.75%Noncurrent loans to loans
4.03%Net loans and leases to deposits
80.27%Net loans and leases to core deposits
81.91%Equity capital to assets
17.63%Core capital (leverage) ratio
12.85%Tier 1 risk-based capital ratio
16.44%Total risk-based capital ratio
Memoranda
$18Average assets
$49,927Average earning assets
$7,838Average equity
$42,221Average loans

List of branches

2 Colorado Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	1941	First Colorado National Bank	133 Grand Avenue, Paonia, CO 81428	January 04, 1903	Full Service Brick and Mortar
1	366016	First National Bank, Delta - Paonia	150 Gunnison River Drive, Delta, CO 81416	November 01, 2002	Full Service Brick and Mortar

First Colorado National Bank in Paonia, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Colorado National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Colorado National Bank in Paonia, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

First Colorado National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Colorado National Bank in Paonia, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches