High Plains Bank in Flagler, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

High Plains Bank - Overview

  • General
  • FDIC Certificate #: 3017
    Status: Active
    Federal Reserve ID: 247551
    Bank Holding Company (Regulatory Top Holder): High Plains Banking Group, Inc. (RSSDID: 1062760, Location: Flagler, CO)
    Date Established: January 01, 1908
    WWW: http://www.highplainsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 9798
    FDIC's unique #: 1915
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 329 Main Avenue, Flagler, CO 80815
    County: Kit Carson
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $98.7 mil
    Equity capital: $10.5 mil
    Deposits held in domestic offices: $84.3 mil
    Return on assets (ROA): 0.85% ($0.8 mil)
    Quarterly return on assets: 1.34% ($1.3 mil)
    Return on Equity (ROE): 8.00% ($0.8 mil)
    Quarterly return on equity: 12.65% ($1.3 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.85% ($838.9 mil)
    Quarterly Pretax return on assets: 1.34% ($1,322.5 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, 2011)

  • Dollar figures in thousands
  • 35Total employees (full-time equivalent)
  • $98,691Total assets
  • $17,092Cash and due from depository institutions
  • $15,187Interest-bearing balances
  • $13,828Securities
  • $360Federal funds sold & reverse repurchase agreements
  • $63,887Net loans & leases
  • $1,467Loan loss allowance
  • $0Trading account assets
  • $703Bank premises and fixed assets
  • $838Other real estate owned
  • $0Goodwill and other intangibles
  • $98,691Life insurance assets
  • $1,983All other assets
  • $88,218Total liabilities and capital
  • $84,253Total liabilities
  • $63,537Total deposits
  • $84,253Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,635Trading liabilities
  • $0Other borrowed funds
  • $330Subordinated debt
  • $10,473All other liabilities
  • $10,473Total equity capital
  • $10,473Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $1,809Surplus
  • $8,364Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,842Income earned, not collected on loans
  • $0Earning assets
  • $748Long-term assets (5+ years)
  • $93,262Average Assets, year-to-date
  • $26,975Average Assets, quarterly
  • $97,166Volatile liabilities
  • $97,610Insider loans
  • $65,827FHLB advances
  • $100,427Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,276Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,910Restructured Loans and leases
  • $100Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,724Total interest income
  • $524Total interest expense
  • $4,200Net interest income
  • $470Provision for loan and lease losses
  • $366Total noninterest income
  • $0Fiduciary activities
  • $198Service charges on deposit accounts
  • $0Trading account gains & fees
  • $168Additional noninterest income
  • $3,274Total noninterest expense
  • $1,797Salaries and employee benefits
  • $400Premises and equipment expense
  • $1,077Additional noninterest expense
  • $822Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $822Income before extraordinary items
  • $0Extraordinary gains - net
  • $822Net income attributable to bank
  • $0Net charge-offs
  • $822Cash dividends
  • $1,200Sale, conversion, retirement of capital stock, net
  • $322Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.14%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 4.57%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 3.57%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 0.85%Pretax return on assets
  • 8.00%Return on equity (ROE)
  • 4.87%Retained earnings to average equity (YTD only)
  • 1.75%Net charge-offs to loans
  • 39.17%Credit loss provision to net charge-offs
  • 1.08%Efficiency ratio
  • 71,704Assets per employee
  • 2.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.17%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 51.62%Noncurrent assets plus other real estate owned to assets
  • 3.73%Noncurrent loans to loans
  • 4.35%Net loans and leases to deposits
  • 75.83%Net loans and leases to core deposits
  • 78.23%Equity capital to assets
  • 10.61%Core capital (leverage) ratio
  • 10.23%Tier 1 risk-based capital ratio
  • 15.61%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $97,166Average earning assets
  • $10,273Average equity
  • $91,827Average loans

List of branches

  • 3 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01915High Plains Bank329 Main Avenue, Flagler, CO 80815January 01, 1908Full Service Brick and Mortar
    1196019Bennett Branch235 South Ash Street, Bennett, CO 80102June 29, 1998Full Service Brick and Mortar
    214121Wiggins Branch502 Central, Wiggins, CO 80654September 02, 1971Full Service Brick and Mortar

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