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

North Valley Bank - Overview

  • General
  • FDIC Certificate #: 18710
    Status: Active
    Federal Reserve ID: 350750
    Bank Holding Company (Regulatory Top Holder): Citizens Investment Company (RSSDID: 1050226, Location: Thornton, CO)
    Date Established: Febuary 25, 1963
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 12579
    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: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 25, 1963
    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: 9001 North Washington Street, Thornton, CO 80229
    County: Adams
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $131.2 mil
    Equity capital: $12.8 mil
    Deposits held in domestic offices: $114.9 mil
    Return on assets (ROA): -0.21% (-$0.3 mil)
    Quarterly return on assets: -2.28% (-$3.0 mil)
    Return on Equity (ROE): -2.11% (-$0.3 mil)
    Quarterly return on equity: -23.57% (-$3.1 mil)
    Net income: -$0.3 mil
    Quarterly Net income: -$0.8 mil
    Pretax return on assets: -0.21% (-$275.6 mil)
    Quarterly Pretax return on assets: -2.28% (-$2,992.4 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
  • 43Total employees (full-time equivalent)
  • $131,244Total assets
  • $19,416Cash and due from depository institutions
  • $16,405Interest-bearing balances
  • $1,604Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $101,604Net loans & leases
  • $1,967Loan loss allowance
  • $0Trading account assets
  • $4,332Bank premises and fixed assets
  • $2,236Other real estate owned
  • $0Goodwill and other intangibles
  • $131,243Life insurance assets
  • $2,052All other assets
  • $118,458Total liabilities and capital
  • $114,869Total liabilities
  • $90,100Total deposits
  • $114,869Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,250Trading liabilities
  • $0Other borrowed funds
  • $339Subordinated debt
  • $12,785All other liabilities
  • $12,785Total equity capital
  • $12,785Total bank equity capital
  • $0Perpetual preferred stock
  • $680Common stock
  • $1,200Surplus
  • $10,905Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,168Income earned, not collected on loans
  • $0Earning assets
  • $345Long-term assets (5+ years)
  • $119,613Average Assets, year-to-date
  • $3,717Average Assets, quarterly
  • $135,085Volatile liabilities
  • $136,533Insider loans
  • $99,325FHLB advances
  • $135,959Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,683Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,367Restructured Loans and leases
  • $229Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,469Total interest income
  • $665Total interest expense
  • $5,804Net interest income
  • $2,140Provision for loan and lease losses
  • $744Total noninterest income
  • $0Fiduciary activities
  • $804Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$60Additional noninterest income
  • $4,729Total noninterest expense
  • $2,511Salaries and employee benefits
  • $798Premises and equipment expense
  • $1,420Additional noninterest expense
  • -$321Pre-tax net operating income
  • $40Securities gains (losses)
  • $0Applicable income taxes
  • -$281Income before extraordinary items
  • $0Extraordinary gains - net
  • -$281Net income attributable to bank
  • $0Net charge-offs
  • -$281Cash dividends
  • $1,707Sale, conversion, retirement of capital stock, net
  • $159Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.25%Yield on earning assets
  • 0.54%Cost of funding earning assets
  • 4.71%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 3.84%Noninterest expense to earning assets
  • -0.24%Net operating income to assets
  • -0.21%Return on assets (ROA)
  • -0.21%Pretax return on assets
  • -2.11%Return on equity (ROE)
  • -3.30%Retained earnings to average equity (YTD only)
  • 1.61%Net charge-offs to loans
  • 125.37%Credit loss provision to net charge-offs
  • 1.07%Efficiency ratio
  • 72,221Assets per employee
  • 3.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -56.58%Loss allowance to loans
  • 1.90%Loss allowance to noncurrent loans
  • 27.44%Noncurrent assets plus other real estate owned to assets
  • 7.17%Noncurrent loans to loans
  • 6.92%Net loans and leases to deposits
  • 88.45%Net loans and leases to core deposits
  • 90.09%Equity capital to assets
  • 9.74%Core capital (leverage) ratio
  • 9.33%Tier 1 risk-based capital ratio
  • 12.77%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $135,085Average earning assets
  • $13,330Average equity
  • $123,293Average loans

List of branches

  • 3 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012579North Valley Bank9001 North Washington Street, Thornton, CO 80229Febuary 25, 1963Full Service Brick and Mortar
    1356681Broomfield Town Centre Branch1210 East First Ave., Broomfield, CO 80020May 22, 2000Full Service Brick and Mortar
    2467232Federal Heights Branch8410 Umitilla St, Federal Heights, CO 80260April 23, 2007Full Service Brick and Mortar

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