FirstBank of Arapahoe County in Centennial, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 16, 2010

  • FirstBank of Arapahoe County in Centennial, Colorado (CO)
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FirstBank of Arapahoe County - Overview

  • General
  • FDIC Certificate #: 27336
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FirstBank (#18714)
    Federal Reserve ID: 1216974
    Date Established: September 10, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 11198
    FDIC's unique #: 39605
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 10, 1988
    Last Structure Change Effective Date: October 16, 2010
    Last Structure Change Process Date: October 25, 2010
    Last Data Update: October 25, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 8600 East Arapahoe Road, Centennial, CO 80112
    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: $424.9 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, 2009)

  • Dollar figures in thousands
  • 50Total employees (full-time equivalent)
  • $410,539Total assets
  • $5,900Cash and due from depository institutions
  • $44Interest-bearing balances
  • $254,342Securities
  • $24,655Federal funds sold & reverse repurchase agreements
  • $108,568Net loans & leases
  • $1,428Loan loss allowance
  • $0Trading account assets
  • $10,649Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $6,425All other assets
  • $410,539Total liabilities and capital
  • $382,617Total liabilities
  • $380,649Total deposits
  • $320,294Interest-bearing deposits
  • $380,649Deposits held in domestic offices
  • 90.75%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,968All other liabilities
  • $27,922Total equity capital
  • $27,922Total bank equity capital
  • $27,922Perpetual preferred stock
  • $0Common stock
  • $2,960Surplus
  • $3,312Undivided profits
  • Memoranda
  • $21,650Noncurrent loans and leases
  • $32,852Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,622Earning assets
  • $0Long-term assets (5+ years)
  • $1,815Average Assets, year-to-date
  • $387,609Average Assets, quarterly
  • $204,509Volatile liabilities
  • $394,092Insider loans
  • $402,877FHLB advances
  • $35,754Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $32,852Total unused commitments
  • $0Restructured Loans and leases
  • $1,461Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $19,022Total interest income
  • $4,048Total interest expense
  • $14,974Net interest income
  • $901Provision for loan and lease losses
  • $3,680Total noninterest income
  • $0Fiduciary activities
  • $1,693Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,987Additional noninterest income
  • $8,540Total noninterest expense
  • $2,863Salaries and employee benefits
  • $984Premises and equipment expense
  • $4,693Additional noninterest expense
  • $9,213Pre-tax net operating income
  • $10Securities gains (losses)
  • $2,141Applicable income taxes
  • $7,082Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,082Net income attributable to bank
  • $0Net charge-offs
  • $7,082Cash dividends
  • $465Sale, conversion, retirement of capital stock, net
  • $3,925Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.08%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 1.80%Net operating income to assets
  • 1.80%Return on assets (ROA)
  • 2.34%Pretax return on assets
  • 27.16%Return on equity (ROE)
  • 12.11%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 193.76%Credit loss provision to net charge-offs
  • 21.75%Efficiency ratio
  • 45,781Assets per employee
  • 8.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.42%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 88.04%Noncurrent assets plus other real estate owned to assets
  • 0.53%Noncurrent loans to loans
  • 1.47%Net loans and leases to deposits
  • 28.52%Net loans and leases to core deposits
  • 31.48%Equity capital to assets
  • 6.80%Core capital (leverage) ratio
  • 6.73%Tier 1 risk-based capital ratio
  • 16.49%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $394,092Average earning assets
  • $26,077Average equity
  • $374,181Average loans

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