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


McClave State Bank - Overview

  • General
  • FDIC Certificate #: 11261
    Status: Active
    Federal Reserve ID: 399357
    Date Established: March 09, 1920
    WWW: http://www.mcclavebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 7188
    Numeric code: 21
    Regulator: FDIC
    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: No
    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: 101 East First Street, Mcclave, CO 81057
    County: Bent
    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: $22.7 mil
    Equity capital: $2.4 mil
    Deposits held in domestic offices: $20.2 mil
    Return on assets (ROA): 1.84% ($0.4 mil)
    Quarterly return on assets: 4.98% ($1.1 mil)
    Return on Equity (ROE): 19.71% ($0.4 mil)
    Quarterly return on equity: 49.61% ($1.0 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.84% ($417.0 mil)
    Quarterly Pretax return on assets: 4.98% ($1,128.5 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
  • 7Total employees (full-time equivalent)
  • $22,661Total assets
  • $1,281Cash and due from depository institutions
  • $747Interest-bearing balances
  • $4,433Securities
  • $1,880Federal funds sold & reverse repurchase agreements
  • $13,954Net loans & leases
  • $383Loan loss allowance
  • $0Trading account assets
  • $480Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $22,661Life insurance assets
  • $633All other assets
  • $20,262Total liabilities and capital
  • $20,217Total liabilities
  • $18,333Total deposits
  • $20,217Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $45Subordinated debt
  • $2,399All other liabilities
  • $2,399Total equity capital
  • $2,399Total bank equity capital
  • $0Perpetual preferred stock
  • $203Common stock
  • $1,408Surplus
  • $788Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $424Long-term assets (5+ years)
  • $21,014Average Assets, year-to-date
  • $5,695Average Assets, quarterly
  • $22,041Volatile liabilities
  • $22,551Insider loans
  • $14,485FHLB advances
  • $22,936Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,202Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,500Restructured Loans and leases
  • $60Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,215Total interest income
  • $262Total interest expense
  • $953Net interest income
  • -$180Provision for loan and lease losses
  • $110Total noninterest income
  • $0Fiduciary activities
  • $52Service charges on deposit accounts
  • $0Trading account gains & fees
  • $58Additional noninterest income
  • $837Total noninterest expense
  • $400Salaries and employee benefits
  • $58Premises and equipment expense
  • $379Additional noninterest expense
  • $406Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $406Income before extraordinary items
  • $0Extraordinary gains - net
  • $406Net income attributable to bank
  • $0Net charge-offs
  • $406Cash dividends
  • -$173Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.95%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 4.66%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 4.10%Noninterest expense to earning assets
  • 1.84%Net operating income to assets
  • 1.84%Return on assets (ROA)
  • 1.84%Pretax return on assets
  • 19.71%Return on equity (ROE)
  • 19.71%Retained earnings to average equity (YTD only)
  • -1.20%Net charge-offs to loans
  • 104.05%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 78,739Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.67%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 69.02%Net loans and leases to core deposits
  • 75.13%Equity capital to assets
  • 10.59%Core capital (leverage) ratio
  • 9.60%Tier 1 risk-based capital ratio
  • 15.20%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $22,041Average earning assets
  • $2,060Average equity
  • $20,430Average loans

List of branches

  • 1 Colorado Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07188Mcclave State Bank101 East First Street, Mcclave, CO 81057March 09, 1920Full Service Brick and Mortar

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