Pine River Valley Bank in Bayfield, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Pine River Valley Bank - Overview

  • General
  • FDIC Certificate #: 22497
    Status: Active
    Federal Reserve ID: 612551
    Bank Holding Company (Regulatory Top Holder): Pine River Bank Corp. (RSSDID: 2042648, Location: Bayfield, CO)
    Date Established: August 01, 1977
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 15687
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 01, 1977
    Last Structure Change Effective Date: June 01, 2007
    Last Structure Change Process Date: June 01, 2007
    Last Data Update: June 01, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 North Commerce Drive, Bayfield, CO 81122
    County: La Plata
    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): Durango, CO (#20420)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $145.2 mil
    Equity capital: $14.0 mil
    Deposits held in domestic offices: $129.7 mil
    Return on assets (ROA): -0.17% (-$0.2 mil)
    Quarterly return on assets: -0.29% (-$0.4 mil)
    Return on Equity (ROE): -1.97% (-$0.3 mil)
    Quarterly return on equity: -3.07% (-$0.4 mil)
    Net income: -$0.3 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -0.20% (-$290.5 mil)
    Quarterly Pretax return on assets: -0.25% (-$363.1 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
  • 42Total employees (full-time equivalent)
  • $145,247Total assets
  • $11,359Cash and due from depository institutions
  • $8,573Interest-bearing balances
  • $31,834Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $81,732Net loans & leases
  • $3,039Loan loss allowance
  • $0Trading account assets
  • $4,059Bank premises and fixed assets
  • $9,052Other real estate owned
  • $0Goodwill and other intangibles
  • $145,247Life insurance assets
  • $7,211All other assets
  • $131,228Total liabilities and capital
  • $129,687Total liabilities
  • $97,889Total deposits
  • $129,687Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,541Subordinated debt
  • $14,019All other liabilities
  • $14,019Total equity capital
  • $14,019Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $3,554Surplus
  • $10,315Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,791Income earned, not collected on loans
  • $0Earning assets
  • $474Long-term assets (5+ years)
  • $122,139Average Assets, year-to-date
  • $40,092Average Assets, quarterly
  • $157,178Volatile liabilities
  • $147,763Insider loans
  • $98,353FHLB advances
  • $145,095Loans and leases held for sale
  • $3,994Unused loan commitments
  • $3,994Tier 1 (core) risk-based capital
  • $12,748Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,109Restructured Loans and leases
  • $408Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,520Total interest income
  • $1,161Total interest expense
  • $5,359Net interest income
  • $325Provision for loan and lease losses
  • $1,050Total noninterest income
  • $0Fiduciary activities
  • $541Service charges on deposit accounts
  • $0Trading account gains & fees
  • $509Additional noninterest income
  • $6,585Total noninterest expense
  • $2,466Salaries and employee benefits
  • $715Premises and equipment expense
  • $3,404Additional noninterest expense
  • -$501Pre-tax net operating income
  • $180Securities gains (losses)
  • -$49Applicable income taxes
  • -$272Income before extraordinary items
  • $0Extraordinary gains - net
  • -$272Net income attributable to bank
  • $0Net charge-offs
  • -$272Cash dividends
  • $528Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.80%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.77%Noninterest income to earning assets
  • 4.85%Noninterest expense to earning assets
  • -0.27%Net operating income to assets
  • -0.17%Return on assets (ROA)
  • -0.20%Pretax return on assets
  • -1.97%Return on equity (ROE)
  • -1.97%Retained earnings to average equity (YTD only)
  • 0.56%Net charge-offs to loans
  • 61.55%Credit loss provision to net charge-offs
  • -0.33%Efficiency ratio
  • 102,746Assets per employee
  • 3.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.58%Loss allowance to noncurrent loans
  • 80.16%Noncurrent assets plus other real estate owned to assets
  • 8.84%Noncurrent loans to loans
  • 4.47%Net loans and leases to deposits
  • 63.02%Net loans and leases to core deposits
  • 66.20%Equity capital to assets
  • 9.65%Core capital (leverage) ratio
  • 8.79%Tier 1 risk-based capital ratio
  • 12.96%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $157,178Average earning assets
  • $13,774Average equity
  • $135,737Average loans

List of branches

  • 4 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015687Pine River Valley Bank301 North Commerce Drive, Bayfield, CO 81122August 01, 1977Full Service Brick and Mortar
    1432661Durango Branch848 East Second Avenue, Durango, CO 81301December 17, 2003Full Service Brick and Mortar
    2458299Creede Branch118 South Main Street, Creede, CO 81130December 04, 2006Full Service Brick and Mortar
    3462068Lake City Branch231 Silver Street, Lake City, CO 81235April 02, 2007Full Service Brick and Mortar

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