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

Premier Bank - Overview

  • General
  • FDIC Certificate #: 34112
    Status: Active
    Federal Reserve ID: 2380470
    Bank Holding Company (Regulatory Top Holder): Pb Financial Group, Inc. (RSSDID: 2494096, Location: Denver, CO)
    Date Established: December 29, 1995
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15753
    FDIC's unique #: 56254
    Numeric code: 13
    Regulator: FED
    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: December 29, 1995
    Last Structure Change Effective Date: July 31, 2010
    Last Structure Change Process Date: August 01, 2011
    Last Data Update: August 01, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 2480 West Alameda Avenue, Denver, CO 80223
    County: Denver
    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
  • Change in Location
  • Financial Summary
  • Total assets: $58.6 mil
    Equity capital: $1.8 mil
    Deposits held in domestic offices: $55.7 mil
    Return on assets (ROA): -3.15% (-$1.9 mil)
    Quarterly return on assets: -9.50% (-$5.6 mil)
    Return on Equity (ROE): -62.86% (-$1.3 mil)
    Quarterly return on equity: -221.80% (-$4.4 mil)
    Net income: -$1.9 mil
    Quarterly Net income: -$1.4 mil
    Pretax return on assets: -3.21% (-$1,881.9 mil)
    Quarterly Pretax return on assets: -9.04% (-$5,299.7 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, 2011)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $58,625Total assets
  • $8,854Cash and due from depository institutions
  • $7,543Interest-bearing balances
  • $6,054Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $39,661Net loans & leases
  • $816Loan loss allowance
  • $0Trading account assets
  • $1,475Bank premises and fixed assets
  • $1,733Other real estate owned
  • $155Goodwill and other intangibles
  • $58,625Life insurance assets
  • $693All other assets
  • $56,858Total liabilities and capital
  • $55,661Total liabilities
  • $47,153Total deposits
  • $55,661Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,000Trading liabilities
  • $0Other borrowed funds
  • $197Subordinated debt
  • $1,767All other liabilities
  • $1,767Total equity capital
  • $1,767Total bank equity capital
  • $0Perpetual preferred stock
  • $1,969Common stock
  • $5,161Surplus
  • $-5,363Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,304Income earned, not collected on loans
  • $338Earning assets
  • $138Long-term assets (5+ years)
  • $53,258Average Assets, year-to-date
  • $6,201Average Assets, quarterly
  • $61,574Volatile liabilities
  • $58,926Insider loans
  • $43,665FHLB advances
  • $58,178Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,922Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,716Restructured Loans and leases
  • $85Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,762Total interest income
  • $623Total interest expense
  • $2,139Net interest income
  • $1,678Provision for loan and lease losses
  • $749Total noninterest income
  • $0Fiduciary activities
  • $157Service charges on deposit accounts
  • $0Trading account gains & fees
  • $592Additional noninterest income
  • $3,164Total noninterest expense
  • $1,649Salaries and employee benefits
  • $337Premises and equipment expense
  • $1,178Additional noninterest expense
  • -$1,954Pre-tax net operating income
  • -$20Securities gains (losses)
  • -$34Applicable income taxes
  • -$1,940Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,940Net income attributable to bank
  • $0Net charge-offs
  • -$1,940Cash dividends
  • $1,809Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 3.82%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 5.65%Noninterest expense to earning assets
  • -3.12%Net operating income to assets
  • -3.15%Return on assets (ROA)
  • -3.21%Pretax return on assets
  • -62.86%Return on equity (ROE)
  • -62.86%Retained earnings to average equity (YTD only)
  • 4.15%Net charge-offs to loans
  • 92.76%Credit loss provision to net charge-offs
  • -0.15%Efficiency ratio
  • 109,557Assets per employee
  • 2.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.02%Loss allowance to noncurrent loans
  • 35.42%Noncurrent assets plus other real estate owned to assets
  • 6.89%Noncurrent loans to loans
  • 5.69%Net loans and leases to deposits
  • 71.25%Net loans and leases to core deposits
  • 76.42%Equity capital to assets
  • 3.01%Core capital (leverage) ratio
  • 3.30%Tier 1 risk-based capital ratio
  • 4.40%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $61,574Average earning assets
  • $3,086Average equity
  • $55,981Average loans

List of branches

  • 3 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    056254Premier Bank2480 West Alameda Avenue, Denver, CO 80223December 29, 1995Full Service Brick and Mortar
    1290400Aurora Branch978 South Havana Street, Aurora, CO 80012May 11, 1998Full Service Brick and Mortar
    43628612480 West Alameda Avenue Branch2480 West Alameda Avenue, Denver, CO 80223November 19, 2001Full Service Brick and Mortar

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