Park State Bank & Trust in Woodland Park, Colorado (CO)



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Park State Bank & Trust routing number info

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Park State Bank & Trust
GeneralFDIC Certificate #: 19381
Status: Active
Federal Reserve ID: 480059
Date Established: March 01, 1965
WWW: http://www.mypsb.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 10599
FDIC's unique #: 13188
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: March 01, 1965
Last Structure Change Effective Date: June 05, 2007
Last Structure Change Process Date: June 07, 2007
Last Data Update: June 07, 2007
Data Source Date: April 05, 2012
LocationAddress: 710 W Hwy 24, Woodland Park, CO 80863
County: Teller
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
Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820)
CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
History of ChangesChange in Location
Financial SummaryTotal assets: $83.6 mil
Equity capital: $5.5 mil
Deposits held in domestic offices: $77.7 mil
Return on assets (ROA): -0.46% (-$0.4 mil)
Quarterly return on assets: -1.79% (-$1.5 mil)
Return on Equity (ROE): -7.32% (-$0.4 mil)
Quarterly return on equity: -26.70% (-$1.6 mil)
Net income: -$0.4 mil
Quarterly Net income: -$0.4 mil
Pretax return on assets: -0.46% (-$384.6 mil)
Quarterly Pretax return on assets: -1.79% (-$1,496.6 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)
Total employees (full-time equivalent)30
Total assets$83,611
Cash and due from depository institutions$2,476
Interest-bearing balances$332
Securities$17,358
Federal funds sold & reverse repurchase agreements$4,455
Net loans & leases$46,767
Loan loss allowance $1,250
Trading account assets$0
Bank premises and fixed assets$4,616
Other real estate owned$7,293
Goodwill and other intangibles$0
All other assets$646
Life insurance assets$83,611
Total liabilities and capital$78,073
Total liabilities$77,729
Total deposits$69,101
Interest-bearing deposits$77,729
Deposits held in domestic offices$99
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $344
All other liabilities $5,538
Total equity capital$5,538
Total bank equity capital$5,538
Perpetual preferred stock$0
Common stock$2,035
Surplus$5,102
Undivided profits $-1,599
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,093
Earning assets $0
Long-term assets (5+ years) $238
Average Assets, year-to-date $68,912
Average Assets, quarterly $24,506
Volatile liabilities $86,655
Insider loans $85,706
FHLB advances $58,788
Loans and leases held for sale $85,070
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,385
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,932
Derivatives$1,261
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,707
Total interest expense $719
Net interest income $2,988
Provision for loan and lease losses $24
Total noninterest income $1,087
Fiduciary activities $401
Service charges on deposit accounts $223
Trading account gains & fees $0
Additional noninterest income $463
Total noninterest expense $5,171
Salaries and employee benefits $1,864
Premises and equipment expense $814
Additional noninterest expense $2,493
Pre-tax net operating income -$1,120
Securities gains (losses) $721
Applicable income taxes $0
Income before extraordinary items -$399
Extraordinary gains - net $0
Net income attributable to bank -$399
Net charge-offs $0
Cash dividends -$399
Sale, conversion, retirement of capital stock, net -$10
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.15%
Cost of funding earning assets 1.00%
Net interest margin 4.15%
Noninterest income to earning assets 1.51%
Noninterest expense to earning assets 7.19%
Net operating income to assets -1.29%
Return on assets (ROA) -0.46%
Pretax return on assets -0.46%
Return on equity (ROE) -7.32%
Retained earnings to average equity (YTD only) -7.32%
Net charge-offs to loans -0.02%
Credit loss provision to net charge-offs -240.00%
Efficiency ratio0.00%
Assets per employee$126,896
Cash dividends to net income (YTD only)2.79%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.60%
Noncurrent assets plus other real estate owned to assets 114.36%
Noncurrent loans to loans 10.03%
Net loans and leases to deposits2.28%
Net loans and leases to core deposits 60.17%
Equity capital to assets 61.19%
Core capital (leverage) ratio 6.62%
Tier 1 risk-based capital ratio 6.33%
Total risk-based capital ratio 9.16%
Memoranda
Average assets$10
Average earning assets$86,655
Average equity $5,450
Average loans $71,947
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$64,057
Number of Accounts1
Personal trust and agency accounts$63,931
Employee benefit-defined contribution accounts$48,567
Employee benefit-defined benefit accounts$1,117
Other retirement accounts$0
Corporate trust and agency accounts$7,220
Investment management agency accounts$0
Other fiduciary accounts$7,027
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts237
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$7,220
Employee benefit-defined benefit accounts$0
Other retirement accounts$126
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$126
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1 Colorado Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
013188Park State Bank & Trust710 W Hwy 24, Woodland Park, CO 80863March 01, 1965Full Service Brick and Mortar
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