First Federal Bank of Colorado in Lakewood, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 14, 1998

  • First Federal Bank of Colorado in Lakewood, Colorado (CO)
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First Federal Bank of Colorado - Overview

  • General
  • FDIC Certificate #: 33627
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commercial Federal Bank, a Federal Savings Bank (#30341)
    Federal Reserve ID: 421472
    Date Established: July 14, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1820
    FDIC's unique #: 47691
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 14, 1992
    Last Structure Change Effective Date: August 14, 1998
    Last Structure Change Process Date: October 08, 1998
    Last Data Update: October 08, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 215 South Wadsworth Boulevard, Lakewood, CO 80226
    County: Jefferson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    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)
  • Financial Summary
  • Total assets: $1,547.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 367Total employees (full-time equivalent)
  • $1,556,122Total assets
  • $44,819Cash and due from depository institutions
  • $8,100Interest-bearing balances
  • $296,277Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,163,539Net loans & leases
  • $4,669Loan loss allowance
  • $0Trading account assets
  • $23,606Bank premises and fixed assets
  • $1,417Other real estate owned
  • $5,044Goodwill and other intangibles
  • $0Life insurance assets
  • $21,420All other assets
  • $1,556,122Total liabilities and capital
  • $1,359,565Total liabilities
  • $1,211,880Total deposits
  • $1,126,634Interest-bearing deposits
  • $1,211,880Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $141,052Other borrowed funds
  • $0Subordinated debt
  • $6,633All other liabilities
  • $196,557Total equity capital
  • $196,557Total bank equity capital
  • $196,557Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $93,021Undivided profits
  • Memoranda
  • $103,436Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,113Earning assets
  • $0Long-term assets (5+ years)
  • $5,808Average Assets, year-to-date
  • $1,467,916Average Assets, quarterly
  • $0Volatile liabilities
  • $1,521,149Insider loans
  • $1,534,520FHLB advances
  • $304,497Loans and leases held for sale
  • $644Unused loan commitments
  • $122,410Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $52,103Total unused commitments
  • $0Restructured Loans and leases
  • $829,433Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $107,034Total interest income
  • $60,361Total interest expense
  • $46,673Net interest income
  • -$767Provision for loan and lease losses
  • $7,613Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,613Additional noninterest income
  • $25,652Total noninterest expense
  • $15,771Salaries and employee benefits
  • $3,707Premises and equipment expense
  • $6,174Additional noninterest expense
  • $29,401Pre-tax net operating income
  • $1,232Securities gains (losses)
  • $11,379Applicable income taxes
  • $19,254Income before extraordinary items
  • $0Extraordinary gains - net
  • $19,254Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$1,372Sale, conversion, retirement of capital stock, net
  • $17,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.43%Yield on earning assets
  • 4.19%Cost of funding earning assets
  • 3.24%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 1.78%Noninterest expense to earning assets
  • 1.21%Net operating income to assets
  • 1.27%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 10.54%Return on equity (ROE)
  • 1.23%Retained earnings to average equity (YTD only)
  • -0.12%Net charge-offs to loans
  • 55.90%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 46,682Assets per employee
  • 4.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.29%Loss allowance to loans
  • 0.40%Loss allowance to noncurrent loans
  • 220.97%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 96.01%Net loans and leases to core deposits
  • 110.98%Equity capital to assets
  • 12.63%Core capital (leverage) ratio
  • 12.49%Tier 1 risk-based capital ratio
  • 23.40%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $1,521,149Average earning assets
  • $182,609Average equity
  • $1,440,028Average loans

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