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

First State Bank of Colorado in Hotchkiss, Colorado (CO)
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First State Bank of Colorado routing number info

First State Bank of Colorado - Overview

General
FDIC Certificate #: 12373
Status: Active
Federal Reserve ID: 277053
Bank Holding Company (Regulatory Top Holder): Custer Bancorp. (RSSDID: 1065181, Location: Denver, CO)
Date Established: July 19, 1930
WWW: http://www.firststatebank-co.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 7868
Numeric code: 13
Regulator: FED
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: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 30, 2010
Last Structure Change Process Date: July 09, 2010
Last Data Update: July 09, 2010
Data Source Date: April 05, 2012
Location
Address: 102 East Bridge Street, Hotchkiss, CO 81419
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
Participated in Absorption/Consolidation/Merger
Corrections
Name Change
Financial Summary
Total assets: $179.8 mil
Equity capital: $24.5 mil
Deposits held in domestic offices: $155.0 mil
Return on assets (ROA): 0.51% ($0.9 mil)
Quarterly return on assets: 0.58% ($1.0 mil)
Return on Equity (ROE): 3.82% ($0.9 mil)
Quarterly return on equity: 4.23% ($1.0 mil)
Net income: $0.9 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.74% ($1,330.5 mil)
Quarterly Pretax return on assets: 0.89% ($1,600.2 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
65Total employees (full-time equivalent)
$179,801Total assets
$11,666Cash and due from depository institutions
$6,083Interest-bearing balances
$42,252Securities
$0Federal funds sold & reverse repurchase agreements
$107,810Net loans & leases
$2,632Loan loss allowance
$0Trading account assets
$2,483Bank premises and fixed assets
$9,358Other real estate owned
$3,544Goodwill and other intangibles
$179,801Life insurance assets
$2,688All other assets
$155,310Total liabilities and capital
$154,952Total liabilities
$117,083Total deposits
$154,952Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$358Subordinated debt
$24,491All other liabilities
$24,491Total equity capital
$24,491Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$13,172Surplus
$11,019Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,111Income earned, not collected on loans
$562Earning assets
$797Long-term assets (5+ years)
$156,145Average Assets, year-to-date
$44,892Average Assets, quarterly
$182,712Volatile liabilities
$179,959Insider loans
$116,227FHLB advances
$175,039Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$20,836Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,946Restructured Loans and leases
$1,483Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,593Total interest income
$1,110Total interest expense
$7,483Net interest income
$250Provision for loan and lease losses
$923Total noninterest income
$0Fiduciary activities
$359Service charges on deposit accounts
$0Trading account gains & fees
$564Additional noninterest income
$7,091Total noninterest expense
$3,213Salaries and employee benefits
$628Premises and equipment expense
$3,250Additional noninterest expense
$1,065Pre-tax net operating income
$294Securities gains (losses)
$435Applicable income taxes
$924Income before extraordinary items
$0Extraordinary gains - net
$924Net income attributable to bank
$0Net charge-offs
$924Cash dividends
$303Sale, conversion, retirement of capital stock, net
$551Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.37%Yield on earning assets
0.69%Cost of funding earning assets
4.68%Net interest margin
0.58%Noninterest income to earning assets
4.43%Noninterest expense to earning assets
0.40%Net operating income to assets
0.51%Return on assets (ROA)
0.74%Pretax return on assets
3.82%Return on equity (ROE)
1.54%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
82.51%Credit loss provision to net charge-offs
4.34%Efficiency ratio
81,858Assets per employee
2.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
59.63%Loss allowance to loans
2.38%Loss allowance to noncurrent loans
64.02%Noncurrent assets plus other real estate owned to assets
7.49%Noncurrent loans to loans
3.72%Net loans and leases to deposits
69.58%Net loans and leases to core deposits
73.44%Equity capital to assets
13.62%Core capital (leverage) ratio
11.90%Tier 1 risk-based capital ratio
17.93%Total risk-based capital ratio
Memoranda
$19Average assets
$182,712Average earning assets
$24,220Average equity
$159,952Average loans

Total Fiduciary and Related Assets (December 31, 2008)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$12Managed Assets
1Number of Accounts
$12Personal trust and agency accounts
$12Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

5 Colorado Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7868	First State Bank Of Colorado	102 East Bridge Street, Hotchkiss, CO 81419	July 19, 1930	Full Service Brick and Mortar
1	15696	Paonia Branch	128 Grand Avenue, Paonia, CO 81428	August 15, 1977	Full Service Brick and Mortar
2	254798	Crawford Branch	392 Highway 92, Crawford, CO 81415	Febuary 16, 1999	Full Service Brick and Mortar
3	15904	Westcliffe Branch	1000 Main Street, Westcliffe, CO 81252	January 02, 1979	Full Service Brick and Mortar
4	13593	Fountain Branch	410 South Santa Fe, Fountain, CO 80817	March 11, 1968	Full Service Brick and Mortar

First State Bank of Colorado in Hotchkiss, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Colorado - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2008)

List of branches

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

First State Bank of Colorado in Hotchkiss, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Colorado - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2008)

List of branches

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

First State Bank of Colorado in Hotchkiss, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches