FirstBank at Wadsworth/Coal Mine, National Association in Littleton, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 23, 1993

  • FirstBank at Wadsworth/Coal Mine, National Association in Littleton, Colorado (CO)
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FirstBank at Wadsworth/Coal Mine, National Association - Overview

  • General
  • FDIC Certificate #: 25284
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FirstBank of South Jeffco (#22613)
    Federal Reserve ID: 1225444
    Date Established: June 19, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 17487
    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: June 19, 1984
    Last Structure Change Effective Date: August 23, 1993
    Last Structure Change Process Date: September 21, 1993
    Last Data Update: September 21, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 6701 South Wadsworth, Littleton, CO 80123
    County: Arapahoe
    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): Denver, CO (#2080)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • Financial Summary
  • Total assets: $19.2 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $11Total assets
  • $18,898Cash and due from depository institutions
  • $1,214Interest-bearing balances
  • $0Securities
  • $8,270Federal funds sold & reverse repurchase agreements
  • $1,578Net loans & leases
  • $7,019Loan loss allowance
  • $131Trading account assets
  • $0Bank premises and fixed assets
  • $587Other real estate owned
  • $70Goodwill and other intangibles
  • $160Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $18,898Total liabilities
  • $17,697Total deposits
  • $17,572Interest-bearing deposits
  • $13,008Deposits held in domestic offices
  • 17572.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $125Total equity capital
  • $125Total bank equity capital
  • $1,201Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $500Undivided profits
  • Memoranda
  • $101Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $108Income earned, not collected on loans
  • $42Earning assets
  • $16,867Long-term assets (5+ years)
  • $5,380Average Assets, year-to-date
  • $17,132Average Assets, quarterly
  • $17,777Volatile liabilities
  • $200Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,014Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,201Total risk weighted assets
  • $9,050Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,297Total interest expense
  • $417Net interest income
  • $880Provision for loan and lease losses
  • $47Total noninterest income
  • $454Fiduciary activities
  • $0Service charges on deposit accounts
  • $352Trading account gains & fees
  • $0Additional noninterest income
  • $102Total noninterest expense
  • $917Salaries and employee benefits
  • $377Premises and equipment expense
  • $65Additional noninterest expense
  • $475Pre-tax net operating income
  • $370Securities gains (losses)
  • $1Applicable income taxes
  • $115Income before extraordinary items
  • $256Extraordinary gains - net
  • $0Net income attributable to bank
  • $256Net charge-offs
  • $63Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.50%Cost of funding earning assets
  • 2.73%Net interest margin
  • 5.77%Noninterest income to earning assets
  • 2.98%Noninterest expense to earning assets
  • 6.01%Net operating income to assets
  • 1.49%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 2.17%Return on equity (ROE)
  • 23.91%Retained earnings to average equity (YTD only)
  • 23.91%Net charge-offs to loans
  • 1.05%Credit loss provision to net charge-offs
  • 74.60%Efficiency ratio
  • 68,741Assets per employee
  • 1.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.83%Loss allowance to noncurrent loans
  • 121.30%Noncurrent assets plus other real estate owned to assets
  • 0.94%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 39.94%Net loans and leases to core deposits
  • 40.40%Equity capital to assets
  • 6.36%Core capital (leverage) ratio
  • 6.85%Tier 1 risk-based capital ratio
  • 13.27%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $17,132Average earning assets
  • $1,071Average equity
  • $15,258Average loans

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