Mountain States Bank in Denver, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 15, 2006

  • Mountain States Bank in Denver, Colorado (CO)
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Mountain States Bank - Overview

  • General
  • FDIC Certificate #: 16648
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: UMB Bank Colorado, National Association (#19298)
    Federal Reserve ID: 230553
    Date Established: January 20, 1943
    WWW: http://www.mountainstatesbank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 10783
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 24, 1947
    Last Structure Change Effective Date: September 15, 2006
    Last Structure Change Process Date: October 17, 2006
    Last Data Update: October 17, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1635 East Colfax Avenue, Denver, CO 80218
    County: Denver
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    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: $283.2 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, 2005)

  • Dollar figures in thousands
  • 99Total employees (full-time equivalent)
  • $281,901Total assets
  • $11,836Cash and due from depository institutions
  • $0Interest-bearing balances
  • $101,841Securities
  • $3,150Federal funds sold & reverse repurchase agreements
  • $157,385Net loans & leases
  • $2,938Loan loss allowance
  • $0Trading account assets
  • $2,713Bank premises and fixed assets
  • $158Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,818All other assets
  • $281,901Total liabilities and capital
  • $243,904Total liabilities
  • $241,128Total deposits
  • $161,896Interest-bearing deposits
  • $241,128Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $983Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,793All other liabilities
  • $37,997Total equity capital
  • $37,997Total bank equity capital
  • $37,997Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $4,000Undivided profits
  • Memoranda
  • $30,997Noncurrent loans and leases
  • $37,298Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,537Earning assets
  • $0Long-term assets (5+ years)
  • $1,567Average Assets, year-to-date
  • $262,376Average Assets, quarterly
  • $29,933Volatile liabilities
  • $280,915Insider loans
  • $286,360FHLB advances
  • $11,910Loans and leases held for sale
  • $1,199Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $37,298Total unused commitments
  • $0Restructured Loans and leases
  • $2,262Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $13,758Total interest income
  • $2,750Total interest expense
  • $11,008Net interest income
  • $0Provision for loan and lease losses
  • $1,312Total noninterest income
  • $310Fiduciary activities
  • $526Service charges on deposit accounts
  • $0Trading account gains & fees
  • $476Additional noninterest income
  • $7,302Total noninterest expense
  • $4,062Salaries and employee benefits
  • $563Premises and equipment expense
  • $2,677Additional noninterest expense
  • $5,018Pre-tax net operating income
  • -$4Securities gains (losses)
  • $1,703Applicable income taxes
  • $3,311Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,311Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $223Sale, conversion, retirement of capital stock, net
  • $2,077Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.27%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 2.79%Noninterest expense to earning assets
  • 1.18%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.78%Pretax return on assets
  • 8.72%Return on equity (ROE)
  • 3.25%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 22.50%Efficiency ratio
  • 59,269Assets per employee
  • 2.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.73%Loss allowance to loans
  • 1.83%Loss allowance to noncurrent loans
  • 191.15%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.96%Net loans and leases to deposits
  • 65.27%Net loans and leases to core deposits
  • 68.37%Equity capital to assets
  • 13.48%Core capital (leverage) ratio
  • 14.19%Tier 1 risk-based capital ratio
  • 22.51%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $280,915Average earning assets
  • $37,983Average equity
  • $261,258Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $13,134Managed Assets
  • 1Number of Accounts
  • $9,501Personal trust and agency accounts
  • $9,501Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 74Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,633Other retirement accounts
  • $1,853Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,655Fiduciary accounts held in foreign offices

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