Mancos Valley Bank in Mancos, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches


Mancos Valley Bank - Overview

  • General
  • FDIC Certificate #: 19205
    Status: Active
    Federal Reserve ID: 92050
    Bank Holding Company (Regulatory Top Holder): Southern Colorado Corp. (RSSDID: 1131620, Location: Inverness, IL)
    Date Established: August 17, 1964
    WWW: http://www.mancosvalleybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 9911
    FDIC's unique #: 13024
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: August 17, 1964
    Last Structure Change Effective Date: Febuary 25, 2008
    Last Structure Change Process Date: Febuary 27, 2008
    Last Data Update: Febuary 27, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 138 North Main Street, Mancos, CO 81328
    County: Montezuma
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $83.4 mil
    Equity capital: $7.1 mil
    Deposits held in domestic offices: $76.2 mil
    Return on assets (ROA): 0.58% ($0.5 mil)
    Quarterly return on assets: 0.31% ($0.3 mil)
    Return on Equity (ROE): 7.18% ($0.5 mil)
    Quarterly return on equity: 3.67% ($0.3 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.58% ($483.6 mil)
    Quarterly Pretax return on assets: 0.31% ($258.5 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
  • 14Total employees (full-time equivalent)
  • $83,381Total assets
  • $10,319Cash and due from depository institutions
  • $8,935Interest-bearing balances
  • $27,900Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $40,855Net loans & leases
  • $1,371Loan loss allowance
  • $0Trading account assets
  • $2,920Bank premises and fixed assets
  • $351Other real estate owned
  • $0Goodwill and other intangibles
  • $83,381Life insurance assets
  • $1,036All other assets
  • $76,278Total liabilities and capital
  • $76,167Total liabilities
  • $68,217Total deposits
  • $76,167Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $111Subordinated debt
  • $7,103All other liabilities
  • $7,103Total equity capital
  • $7,103Total bank equity capital
  • $0Perpetual preferred stock
  • $119Common stock
  • $2,214Surplus
  • $4,770Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,133Income earned, not collected on loans
  • $0Earning assets
  • $585Long-term assets (5+ years)
  • $77,690Average Assets, year-to-date
  • $14,050Average Assets, quarterly
  • $85,332Volatile liabilities
  • $84,901Insider loans
  • $47,299FHLB advances
  • $84,889Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,125Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,673Restructured Loans and leases
  • $795Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,431Total interest income
  • $699Total interest expense
  • $2,732Net interest income
  • $510Provision for loan and lease losses
  • $104Total noninterest income
  • $0Fiduciary activities
  • $71Service charges on deposit accounts
  • $0Trading account gains & fees
  • $33Additional noninterest income
  • $1,719Total noninterest expense
  • $845Salaries and employee benefits
  • $322Premises and equipment expense
  • $552Additional noninterest expense
  • $607Pre-tax net operating income
  • -$109Securities gains (losses)
  • $0Applicable income taxes
  • $498Income before extraordinary items
  • $0Extraordinary gains - net
  • $498Net income attributable to bank
  • $0Net charge-offs
  • $498Cash dividends
  • $184Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.33%Yield on earning assets
  • 0.88%Cost of funding earning assets
  • 3.45%Net interest margin
  • 0.13%Noninterest income to earning assets
  • 2.17%Noninterest expense to earning assets
  • 0.71%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 7.18%Return on equity (ROE)
  • 1.41%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 277.17%Credit loss provision to net charge-offs
  • 6.07%Efficiency ratio
  • 60,614Assets per employee
  • 5.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 80.32%Loss allowance to loans
  • 3.25%Loss allowance to noncurrent loans
  • 121.01%Noncurrent assets plus other real estate owned to assets
  • 1.95%Noncurrent loans to loans
  • 2.68%Net loans and leases to deposits
  • 53.64%Net loans and leases to core deposits
  • 54.25%Equity capital to assets
  • 8.52%Core capital (leverage) ratio
  • 8.39%Tier 1 risk-based capital ratio
  • 15.06%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $85,332Average earning assets
  • $6,936Average equity
  • $79,183Average loans

List of branches

  • 2 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013024Mancos Valley Bank138 North Main Street, Mancos, CO 81328August 17, 1964Full Service Brick and Mortar
    1478308Mancos Valley Bank - Cortez Location27780 Hwy 160, Cortez, CO 81321July 09, 2007Full Service Brick and Mortar

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