First Main Street Bank, National Association - Overview
General
FDIC Certificate #: 3038 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Centennial Bank of the West (#15515) Federal Reserve ID: 456858 Date Established: October 01, 1871 WWW:http://www.firstmainstreet.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) FDIC's unique #: 1933 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: October 01, 2005 Last Structure Change Process Date: October 11, 2005 Last Data Update: October 11, 2005 Data Source Date: April 05, 2012
Location
Address: 401 Main Street, Longmont, CO 80501 County: Boulder 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): Boulder-Longmont, CO (#1125) Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34) Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216) Core Based Statistical Area (CBSA): Boulder, CO (#14500) CBSA Metro Statistical Area: Boulder, CO (#14500)
Financial Summary
Total assets: $388.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
135Total employees (full-time equivalent)
$382,475Total assets
$9,344Cash and due from depository institutions
$0Interest-bearing balances
$94,085Securities
$5,400Federal funds sold & reverse repurchase agreements
$244,603Net loans & leases
$3,460Loan loss allowance
$0Trading account assets
$11,616Bank premises and fixed assets
$152Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$17,275All other assets
$382,475Total liabilities and capital
$335,123Total liabilities
$326,726Total deposits
$241,959Interest-bearing deposits
$326,726Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,611Other borrowed funds
$0Subordinated debt
$1,786All other liabilities
$47,352Total equity capital
$47,352Total bank equity capital
$47,352Perpetual preferred stock
$0Common stock
$2,500Surplus
$5,107Undivided profits
Memoranda
$39,744Noncurrent loans and leases
$39,529Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,221Earning assets
$0Long-term assets (5+ years)
$2,004Average Assets, year-to-date
$344,088Average Assets, quarterly
$71,312Volatile liabilities
$395,696Insider loans
$382,164FHLB advances
$38,008Loans and leases held for sale
$22,730Unused loan commitments
$6,611Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$39,529Total unused commitments
$0Restructured Loans and leases
$3,460Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$19,621Total interest income
$4,087Total interest expense
$15,534Net interest income
$0Provision for loan and lease losses
$4,032Total noninterest income
$1,047Fiduciary activities
$1,157Service charges on deposit accounts
$0Trading account gains & fees
$1,828Additional noninterest income
$13,323Total noninterest expense
$8,179Salaries and employee benefits
$2,199Premises and equipment expense
$2,945Additional noninterest expense
$6,243Pre-tax net operating income
$74Securities gains (losses)
$1,776Applicable income taxes
$4,541Income before extraordinary items
$0Extraordinary gains - net
$4,541Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$148Sale, conversion, retirement of capital stock, net
$2,076Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.52%Yield on earning assets
1.15%Cost of funding earning assets
4.37%Net interest margin
1.13%Noninterest income to earning assets
3.75%Noninterest expense to earning assets
1.13%Net operating income to assets
1.15%Return on assets (ROA)
1.60%Pretax return on assets
9.87%Return on equity (ROE)
5.36%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
42.18%Efficiency ratio
68,093Assets per employee
2.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.72%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
283.37%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.49%Net loans and leases to deposits
74.86%Net loans and leases to core deposits
84.72%Equity capital to assets
12.38%Core capital (leverage) ratio
12.33%Tier 1 risk-based capital ratio
16.42%Total risk-based capital ratio
Memoranda
$18Average assets
$395,696Average earning assets
$46,012Average equity
$355,657Average loans
Total Fiduciary and Related Assets (December 31, 2004)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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