FirstBank of Denver, National Association in Denver, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 23, 1993

  • FirstBank of Denver, National Association in Denver, Colorado (CO)
  • Show street view No street view available for this location

FirstBank of Denver, National Association - Overview

  • General
  • FDIC Certificate #: 24254
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FirstBank of Tech Center (#24096)
    Federal Reserve ID: 913557
    Date Established: December 20, 1982
    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 #: 16885
    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: December 20, 1982
    Last Structure Change Effective Date: August 23, 1993
    Last Structure Change Process Date: September 02, 1993
    Last Data Update: September 02, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 8901 East Hampden Avenue, Denver, CO 80224
    County: Denver
    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: $33.7 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $13Total assets
  • $38,740Cash and due from depository institutions
  • $1,928Interest-bearing balances
  • $0Securities
  • $17,146Federal funds sold & reverse repurchase agreements
  • $7,184Net loans & leases
  • $11,876Loan loss allowance
  • $165Trading account assets
  • $0Bank premises and fixed assets
  • $84Other real estate owned
  • $40Goodwill and other intangibles
  • $482Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $38,740Total liabilities
  • $36,710Total deposits
  • $36,509Interest-bearing deposits
  • $28,105Deposits held in domestic offices
  • 36509.00%% insured (estimated)
  • $67Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $201Total equity capital
  • $201Total bank equity capital
  • $2,030Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $880Undivided profits
  • Memoranda
  • $400Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $68Income earned, not collected on loans
  • $85Earning assets
  • $36,206Long-term assets (5+ years)
  • $6,432Average Assets, year-to-date
  • $31,146Average Assets, quarterly
  • $38,050Volatile liabilities
  • $501Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,301Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,030Total risk weighted assets
  • $15,409Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,267Total interest expense
  • $688Net interest income
  • $1,579Provision for loan and lease losses
  • $41Total noninterest income
  • $607Fiduciary activities
  • $0Service charges on deposit accounts
  • $436Trading account gains & fees
  • $0Additional noninterest income
  • $171Total noninterest expense
  • $1,329Salaries and employee benefits
  • $532Premises and equipment expense
  • $162Additional noninterest expense
  • $635Pre-tax net operating income
  • $816Securities gains (losses)
  • $1Applicable income taxes
  • $267Income before extraordinary items
  • $550Extraordinary gains - net
  • $0Net income attributable to bank
  • $550Net charge-offs
  • $14Cash dividends
  • $250Sale, 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
  • 7.82%Cost of funding earning assets
  • 2.37%Net interest margin
  • 5.44%Noninterest income to earning assets
  • 2.09%Noninterest expense to earning assets
  • 4.58%Net operating income to assets
  • 1.76%Return on assets (ROA)
  • 1.77%Pretax return on assets
  • 2.62%Return on equity (ROE)
  • 31.36%Retained earnings to average equity (YTD only)
  • 17.10%Net charge-offs to loans
  • 0.15%Credit loss provision to net charge-offs
  • 292.86%Efficiency ratio
  • 60,796Assets per employee
  • 2.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.45%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 242.65%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.56%Net loans and leases to deposits
  • 32.53%Net loans and leases to core deposits
  • 32.98%Equity capital to assets
  • 5.24%Core capital (leverage) ratio
  • 5.54%Tier 1 risk-based capital ratio
  • 13.17%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $31,146Average earning assets
  • $1,754Average equity
  • $29,004Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with FirstBank of Denver, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents