Lakewood State Bank in Lakewood, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 17, 1998

  • Lakewood State Bank in Lakewood, Colorado (CO)
  • Show street view No street view available for this location

Lakewood State Bank - Overview

  • General
  • FDIC Certificate #: 20893
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Bank & Trust (#14708)
    Federal Reserve ID: 449252
    Date Established: May 22, 1972
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 14437
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 18, 1972
    Last Structure Change Effective Date: December 17, 1998
    Last Structure Change Process Date: Febuary 09, 1999
    Last Data Update: Febuary 09, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1858 South Wadsworth Boulevard, Lakewood, CO 80226
    County: Jefferson
    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: $44.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $40,807Total assets
  • $1,975Cash and due from depository institutions
  • $0Interest-bearing balances
  • $7,189Securities
  • $5,020Federal funds sold & reverse repurchase agreements
  • $24,222Net loans & leases
  • $364Loan loss allowance
  • $0Trading account assets
  • $2,032Bank premises and fixed assets
  • $158Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $211All other assets
  • $40,807Total liabilities and capital
  • $36,799Total liabilities
  • $36,563Total deposits
  • $26,781Interest-bearing deposits
  • $36,563Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $236All other liabilities
  • $4,008Total equity capital
  • $4,008Total bank equity capital
  • $4,008Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,455Undivided profits
  • Memoranda
  • $1,553Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $31Earning assets
  • $31Long-term assets (5+ years)
  • $135Average Assets, year-to-date
  • $36,431Average Assets, quarterly
  • $2,754Volatile liabilities
  • $38,712Insider loans
  • $39,670FHLB advances
  • $1,917Loans and leases held for sale
  • $430Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,193Total unused commitments
  • $0Restructured Loans and leases
  • $25,737Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $2,968Total interest income
  • $1,018Total interest expense
  • $1,950Net interest income
  • $0Provision for loan and lease losses
  • $477Total noninterest income
  • $0Fiduciary activities
  • $269Service charges on deposit accounts
  • $0Trading account gains & fees
  • $208Additional noninterest income
  • $1,606Total noninterest expense
  • $808Salaries and employee benefits
  • $271Premises and equipment expense
  • $527Additional noninterest expense
  • $821Pre-tax net operating income
  • $0Securities gains (losses)
  • -$240Applicable income taxes
  • $1,061Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,061Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $8Sale, conversion, retirement of capital stock, net
  • $845Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.64%Yield on earning assets
  • 2.96%Cost of funding earning assets
  • 5.68%Net interest margin
  • 1.39%Noninterest income to earning assets
  • 4.68%Noninterest expense to earning assets
  • 2.74%Net operating income to assets
  • 2.74%Return on assets (ROA)
  • 2.12%Pretax return on assets
  • 25.76%Return on equity (ROE)
  • 5.25%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 102.63%Efficiency ratio
  • 66,172Assets per employee
  • 1.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 79.64%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 1174.19%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.13%Net loans and leases to deposits
  • 66.25%Net loans and leases to core deposits
  • 69.91%Equity capital to assets
  • 9.82%Core capital (leverage) ratio
  • 9.85%Tier 1 risk-based capital ratio
  • 15.57%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $38,712Average earning assets
  • $4,118Average equity
  • $34,338Average 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 Lakewood State Bank.
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