FDIC Certificate #: 26751 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Mutual of Omaha Bank (#32325) Federal Reserve ID: 96254 Date Established: August 01, 1986 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 7 (Interstate: No) OTS Docket #: 17325 FDIC's unique #: 35867 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: August 01, 1986 Last Structure Change Effective Date: October 30, 2007 Last Structure Change Process Date: November 16, 2007 Last Data Update: November 16, 2007 Data Source Date: April 05, 2012
Location
Address: 26 South Highway 119, Nederland, CO 80466 County: Boulder 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): Boulder-Longmont, CO (#1125) Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34) Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216) Core Based Statistical Area (CBSA): Boulder, CO (#14500) CBSA Metro Statistical Area: Boulder, CO (#14500)
Financial Summary
Total assets: $211.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
78Total employees (full-time equivalent)
$207,613Total assets
$6,287Cash and due from depository institutions
$454Interest-bearing balances
$38,503Securities
$3,500Federal funds sold & reverse repurchase agreements
$148,582Net loans & leases
$1,536Loan loss allowance
$0Trading account assets
$7,150Bank premises and fixed assets
$489Other real estate owned
$425Goodwill and other intangibles
$0Life insurance assets
$2,677All other assets
$207,613Total liabilities and capital
$187,192Total liabilities
$185,559Total deposits
$145,158Interest-bearing deposits
$185,559Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$433Other borrowed funds
$0Subordinated debt
$1,200All other liabilities
$20,421Total equity capital
$20,421Total bank equity capital
$20,421Perpetual preferred stock
$0Common stock
$526Surplus
$2,138Undivided profits
Memoranda
$17,757Noncurrent loans and leases
$24,293Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,491Earning assets
$0Long-term assets (5+ years)
$1,390Average Assets, year-to-date
$191,039Average Assets, quarterly
$19,460Volatile liabilities
$218,017Insider loans
$207,872FHLB advances
$25,090Loans and leases held for sale
$2,406Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$24,293Total unused commitments
$0Restructured Loans and leases
$1,536Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$17,117Total interest income
$4,847Total interest expense
$12,270Net interest income
$49Provision for loan and lease losses
$1,384Total noninterest income
$0Fiduciary activities
$738Service charges on deposit accounts
$0Trading account gains & fees
$646Additional noninterest income
$7,760Total noninterest expense
$4,521Salaries and employee benefits
$1,110Premises and equipment expense
$2,129Additional noninterest expense
$5,845Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$5,845Income before extraordinary items
$0Extraordinary gains - net
$5,845Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$12Sale, conversion, retirement of capital stock, net
$2,649Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.50%Yield on earning assets
2.41%Cost of funding earning assets
6.09%Net interest margin
0.69%Noninterest income to earning assets
3.85%Noninterest expense to earning assets
2.68%Net operating income to assets
2.68%Return on assets (ROA)
2.68%Pretax return on assets
31.17%Return on equity (ROE)
17.04%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
408.33%Credit loss provision to net charge-offs
491.17%Efficiency ratio
56,833Assets per employee
2.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.32%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
61.66%Noncurrent assets plus other real estate owned to assets
1.44%Noncurrent loans to loans
1.66%Net loans and leases to deposits
80.07%Net loans and leases to core deposits
92.59%Equity capital to assets
9.84%Core capital (leverage) ratio
9.67%Tier 1 risk-based capital ratio
12.59%Total risk-based capital ratio
Memoranda
$14Average assets
$218,017Average earning assets
$18,753Average equity
$201,333Average loans
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