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

This bank is inactive as of July 01, 2004

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

  • General
  • FDIC Certificate #: 23760
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of Colorado (#16980)
    Federal Reserve ID: 716552
    Date Established: March 29, 1982
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 16611
    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: March 29, 1982
    Last Structure Change Effective Date: July 01, 2004
    Last Structure Change Process Date: August 05, 2004
    Last Data Update: August 05, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 4328 Edison Avenue, Colorado Springs, CO 80915
    County: El Paso
    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): Colorado Springs, CO (#1720)
    Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820)
    CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
  • Financial Summary
  • Total assets: $74.9 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, 2003)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $79,560Total assets
  • $9,506Cash and due from depository institutions
  • $3,600Interest-bearing balances
  • $7,559Securities
  • $12,945Federal funds sold & reverse repurchase agreements
  • $45,356Net loans & leases
  • $542Loan loss allowance
  • $0Trading account assets
  • $3,291Bank premises and fixed assets
  • $0Other real estate owned
  • $408Goodwill and other intangibles
  • $0Life insurance assets
  • $495All other assets
  • $79,560Total liabilities and capital
  • $73,522Total liabilities
  • $72,217Total deposits
  • $52,742Interest-bearing deposits
  • $72,217Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,050Other borrowed funds
  • $0Subordinated debt
  • $255All other liabilities
  • $6,038Total equity capital
  • $6,038Total bank equity capital
  • $6,038Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $4,202Undivided profits
  • Memoranda
  • $1,336Noncurrent loans and leases
  • $14,814Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $163Average Assets, year-to-date
  • $69,460Average Assets, quarterly
  • $5,849Volatile liabilities
  • $79,429Insider loans
  • $79,107FHLB advances
  • $9,925Loans and leases held for sale
  • $520Unused loan commitments
  • $1,050Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $14,814Total unused commitments
  • $0Restructured Loans and leases
  • $542Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $3,604Total interest income
  • $696Total interest expense
  • $2,908Net interest income
  • $82Provision for loan and lease losses
  • $443Total noninterest income
  • $0Fiduciary activities
  • $238Service charges on deposit accounts
  • $0Trading account gains & fees
  • $205Additional noninterest income
  • $2,303Total noninterest expense
  • $1,273Salaries and employee benefits
  • $330Premises and equipment expense
  • $700Additional noninterest expense
  • $966Pre-tax net operating income
  • $52Securities gains (losses)
  • $318Applicable income taxes
  • $700Income before extraordinary items
  • $0Extraordinary gains - net
  • $700Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $22Sale, conversion, retirement of capital stock, net
  • $115Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.12%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 4.13%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 3.27%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 12.21%Return on equity (ROE)
  • 10.20%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 372.73%Credit loss provision to net charge-offs
  • 47.64%Efficiency ratio
  • 68,726Assets per employee
  • 2.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.43%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 62.81%Net loans and leases to core deposits
  • 72.81%Equity capital to assets
  • 7.59%Core capital (leverage) ratio
  • 7.21%Tier 1 risk-based capital ratio
  • 10.36%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $79,429Average earning assets
  • $5,735Average equity
  • $70,332Average loans

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