FDIC Certificate #: 26898 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Main Street Bank, National Association (#3038) Federal Reserve ID: 430157 Date Established: January 26, 1987 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) FDIC's unique #: 36222 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 26, 1987 Last Structure Change Effective Date: June 21, 2002 Last Structure Change Process Date: July 11, 2002 Last Data Update: July 11, 2002 Data Source Date: April 05, 2012
Location
Address: 2900 South College Avenue, Fort Collins, CO 80525 County: Larimer 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): Fort Collins-Loveland, CO (#2670) Core Based Statistical Area (CBSA): Fort Collins-Loveland, CO (#22660) CBSA Metro Statistical Area: Fort Collins-Loveland, CO (#22660)
Financial Summary
Total assets: $89.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
38Total employees (full-time equivalent)
$95,345Total assets
$6,875Cash and due from depository institutions
$382Interest-bearing balances
$22,153Securities
$1,965Federal funds sold & reverse repurchase agreements
$61,758Net loans & leases
$937Loan loss allowance
$0Trading account assets
$1,044Bank premises and fixed assets
$209Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,341All other assets
$95,345Total liabilities and capital
$85,761Total liabilities
$84,956Total deposits
$58,061Interest-bearing deposits
$84,956Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7Other borrowed funds
$0Subordinated debt
$798All other liabilities
$9,584Total equity capital
$9,584Total bank equity capital
$9,584Perpetual preferred stock
$0Common stock
$803Surplus
$304Undivided profits
Memoranda
$8,477Noncurrent loans and leases
$16,702Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,580Earning assets
$0Long-term assets (5+ years)
$477Average Assets, year-to-date
$86,258Average Assets, quarterly
$4,274Volatile liabilities
$93,854Insider loans
$96,437FHLB advances
$11,531Loans and leases held for sale
$7,798Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,702Total unused commitments
$506Restructured Loans and leases
$900Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$7,028Total interest income
$2,262Total interest expense
$4,766Net interest income
$555Provision for loan and lease losses
$810Total noninterest income
$0Fiduciary activities
$495Service charges on deposit accounts
$0Trading account gains & fees
$315Additional noninterest income
$3,502Total noninterest expense
$1,717Salaries and employee benefits
$554Premises and equipment expense
$1,231Additional noninterest expense
$1,519Pre-tax net operating income
$0Securities gains (losses)
$499Applicable income taxes
$1,020Income before extraordinary items
$0Extraordinary gains - net
$1,020Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$227Sale, conversion, retirement of capital stock, net
$175Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.21%Yield on earning assets
2.64%Cost of funding earning assets
5.57%Net interest margin
0.95%Noninterest income to earning assets
4.09%Noninterest expense to earning assets
1.09%Net operating income to assets
1.09%Return on assets (ROA)
1.62%Pretax return on assets
11.04%Return on equity (ROE)
9.15%Retained earnings to average equity (YTD only)
0.37%Net charge-offs to loans
244.49%Credit loss provision to net charge-offs
9.14%Efficiency ratio
62,805Assets per employee
2.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.16%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
59.30%Noncurrent assets plus other real estate owned to assets
1.88%Noncurrent loans to loans
2.52%Net loans and leases to deposits
72.69%Net loans and leases to core deposits
84.10%Equity capital to assets
10.05%Core capital (leverage) ratio
9.64%Tier 1 risk-based capital ratio
12.79%Total risk-based capital ratio
Memoranda
$14Average assets
$93,854Average earning assets
$9,235Average equity
$85,637Average loans
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