High Country Bank in Salida, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

High Country Bank - Overview

  • General
  • FDIC Certificate #: 29783
    Status: Active
    Federal Reserve ID: 479370
    Bank Holding Company (Regulatory Top Holder): High Country Bancorp, Inc. (RSSDID: 3833834, Location: Salida, CO)
    Date Established: January 01, 1886
    WWW: http://www.highcountrybank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 4082
    FDIC's unique #: 42617
    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: May 03, 1937
    Last Structure Change Effective Date: April 01, 2009
    Last Structure Change Process Date: April 08, 2009
    Last Data Update: April 08, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 7360 West Us Highway 50, Salida, CO 81201
    County: Chaffee
    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
  • Change in Primary Regulatory Agency
    Change in Entity Type
    Change in Supervisory Agency
    Change in Chartering Agent
  • Financial Summary
  • Total assets: $181.4 mil
    Equity capital: $21.3 mil
    Deposits held in domestic offices: $158.6 mil
    Return on assets (ROA): 0.87% ($1.6 mil)
    Quarterly return on assets: 0.92% ($1.7 mil)
    Return on Equity (ROE): 7.38% ($1.5 mil)
    Quarterly return on equity: 7.88% ($1.7 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.19% ($2,158.5 mil)
    Quarterly Pretax return on assets: 1.38% ($2,503.2 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
  • 62Total employees (full-time equivalent)
  • $181,388Total assets
  • $24,459Cash and due from depository institutions
  • $21,305Interest-bearing balances
  • $14,863Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $128,342Net loans & leases
  • $1,483Loan loss allowance
  • $0Trading account assets
  • $6,456Bank premises and fixed assets
  • $2,580Other real estate owned
  • $0Goodwill and other intangibles
  • $181,388Life insurance assets
  • $4,688All other assets
  • $160,045Total liabilities and capital
  • $158,622Total liabilities
  • $144,923Total deposits
  • $158,622Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $200Trading liabilities
  • $0Other borrowed funds
  • $1,223Subordinated debt
  • $21,343All other liabilities
  • $21,343Total equity capital
  • $21,343Total bank equity capital
  • $0Perpetual preferred stock
  • $3,000Common stock
  • $2,860Surplus
  • $15,483Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,379Income earned, not collected on loans
  • $0Earning assets
  • $787Long-term assets (5+ years)
  • $164,510Average Assets, year-to-date
  • $70,767Average Assets, quarterly
  • $180,161Volatile liabilities
  • $183,280Insider loans
  • $117,688FHLB advances
  • $183,593Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $21,307Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,944Restructured Loans and leases
  • $3,282Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,874Total interest income
  • $1,510Total interest expense
  • $8,364Net interest income
  • $790Provision for loan and lease losses
  • $1,001Total noninterest income
  • $0Fiduciary activities
  • $321Service charges on deposit accounts
  • $0Trading account gains & fees
  • $680Additional noninterest income
  • $6,440Total noninterest expense
  • $3,680Salaries and employee benefits
  • $1,056Premises and equipment expense
  • $1,704Additional noninterest expense
  • $2,135Pre-tax net operating income
  • $0Securities gains (losses)
  • $563Applicable income taxes
  • $1,572Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,572Net income attributable to bank
  • $0Net charge-offs
  • $1,572Cash dividends
  • $705Sale, conversion, retirement of capital stock, net
  • $1,350Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.07%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 5.14%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 3.96%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 7.38%Return on equity (ROE)
  • 1.04%Retained earnings to average equity (YTD only)
  • 0.52%Net charge-offs to loans
  • 112.06%Credit loss provision to net charge-offs
  • 4.15%Efficiency ratio
  • 68,767Assets per employee
  • 2.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 85.88%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 107.54%Noncurrent assets plus other real estate owned to assets
  • 2.18%Noncurrent loans to loans
  • 1.06%Net loans and leases to deposits
  • 80.91%Net loans and leases to core deposits
  • 82.50%Equity capital to assets
  • 11.77%Core capital (leverage) ratio
  • 11.61%Tier 1 risk-based capital ratio
  • 18.10%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $180,161Average earning assets
  • $21,309Average equity
  • $162,753Average loans

List of branches

  • 4 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042617High Country Bank7360 West Us Highway 50, Salida, CO 81201January 01, 1886Full Service Brick and Mortar
    102277163Buena Vista Branch516 Hwy 24 North, Buena Vista, CO 81211October 01, 1996Full Service Brick and Mortar
    103464110Second Street Branch130 West Second Street, Salida, CO 81201June 20, 2007Full Service Brick and Mortar
    105464112Canon City Branch150 North Raynolds, Canon City, CO 81212June 20, 2007Full Service Brick and Mortar

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