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

First National Bank of Colorado in Boulder, Colorado (CO)
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First National Bank of Colorado - Overview

General
FDIC Certificate #: 21267
Status: Inactive
Closing history: Office Sold
Acquiring institution: First Commercial Bank (#34377)
Federal Reserve ID: 888758
Date Established: October 09, 1973
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 10 (Interstate: No)
FDIC's unique #: 14711
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: October 09, 1973
Last Structure Change Effective Date: Febuary 15, 2008
Last Structure Change Process Date: March 12, 2008
Last Data Update: March 12, 2008
Data Source Date: April 05, 2012
Location
Address: 1155 Canyon Road, Boulder, CO 80302
County: Boulder
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): 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)
History of Changes
Merger - Without Assistance
Office Sold
Financial Summary
Total assets: $642.4 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, 2007)

Dollar figures in thousands
170Total employees (full-time equivalent)
$642,433Total assets
$21,813Cash and due from depository institutions
$0Interest-bearing balances
$13,837Securities
$22,330Federal funds sold & reverse repurchase agreements
$552,497Net loans & leases
$6,296Loan loss allowance
$0Trading account assets
$9,749Bank premises and fixed assets
$2,690Other real estate owned
$8,304Goodwill and other intangibles
$0Life insurance assets
$11,213All other assets
$642,433Total liabilities and capital
$572,477Total liabilities
$564,661Total deposits
$458,446Interest-bearing deposits
$564,661Deposits held in domestic offices
0.00%% insured (estimated)
$2,450Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$5,366All other liabilities
$69,956Total equity capital
$69,956Total bank equity capital
$69,956Perpetual preferred stock
$0Common stock
$1,200Surplus
$54,144Undivided profits
Memoranda
$14,612Noncurrent loans and leases
$244,745Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$10,796Earning assets
$0Long-term assets (5+ years)
$2,809Average Assets, year-to-date
$588,664Average Assets, quarterly
$34,393Volatile liabilities
$639,595Insider loans
$633,690FHLB advances
$115,148Loans and leases held for sale
$6,633Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,653Tier 2 risk-based capital
$12,829Total risk weighted assets
$244,745Total unused commitments
$0Restructured Loans and leases
$6,501Derivatives

Income and Expense (December 31, 2007)

Dollar figures in thousands
$43,863Total interest income
$15,370Total interest expense
$28,493Net interest income
$2,557Provision for loan and lease losses
$6,551Total noninterest income
$607Fiduciary activities
$2,212Service charges on deposit accounts
$0Trading account gains & fees
$3,732Additional noninterest income
$28,437Total noninterest expense
$13,090Salaries and employee benefits
$4,757Premises and equipment expense
$10,590Additional noninterest expense
$4,050Pre-tax net operating income
$0Securities gains (losses)
$1,596Applicable income taxes
$2,454Income before extraordinary items
$0Extraordinary gains - net
$2,454Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3,582Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2007)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.47%Yield on earning assets
2.62%Cost of funding earning assets
4.85%Net interest margin
1.12%Noninterest income to earning assets
4.84%Noninterest expense to earning assets
0.38%Net operating income to assets
0.38%Return on assets (ROA)
0.63%Pretax return on assets
3.55%Return on equity (ROE)
3.55%Retained earnings to average equity (YTD only)
0.66%Net charge-offs to loans
71.38%Credit loss provision to net charge-offs
1.84%Efficiency ratio
81,147Assets per employee
3.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
58.32%Noncurrent assets plus other real estate owned to assets
2.10%Noncurrent loans to loans
1.93%Net loans and leases to deposits
97.85%Net loans and leases to core deposits
122.24%Equity capital to assets
10.89%Core capital (leverage) ratio
10.28%Tier 1 risk-based capital ratio
9.94%Total risk-based capital ratio
Memoranda
$11Average assets
$639,595Average earning assets
$69,097Average equity
$587,087Average loans

Total Fiduciary and Related Assets (December 31, 2007)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$39,833Managed Assets
1Number of Accounts
$39,588Personal trust and agency accounts
$11,705Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$10,265Corporate trust and agency accounts
$0Investment management agency accounts
$17,618Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
92Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$245Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$245Fiduciary accounts held in foreign offices

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

First National Bank of Colorado - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

Total Fiduciary and Related Assets (December 31, 2007)

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

First National Bank of Colorado - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

Total Fiduciary and Related Assets (December 31, 2007)

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

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