FDIC Certificate #: 58826 Status: Active Federal Reserve ID: 3591004 Date Established: July 02, 2008 WWW:http://www.redstonebankco.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 469584 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: July 02, 2008 Last Structure Change Effective Date: October 25, 2011 Last Structure Change Process Date: October 25, 2011 Last Data Update: October 25, 2011 Data Source Date: April 05, 2012
Location
Address: 15765 East Arapahoe Road, Centennial, CO 80016 County: Arapahoe 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)
Financial Summary
Total assets: $53.7 mil Equity capital: $7.8 mil Deposits held in domestic offices: $45.7 mil Return on assets (ROA): -1.18% (-$0.6 mil) Quarterly return on assets: -0.78% (-$0.4 mil) Return on Equity (ROE): -6.86% (-$0.5 mil) Quarterly return on equity: -5.21% (-$0.4 mil) Net income: -$0.6 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -1.18% (-$633.7 mil) Quarterly Pretax return on assets: -0.78% (-$418.9 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$53,702Total assets
$3,193Cash and due from depository institutions
$746Interest-bearing balances
$2,271Securities
$12,000Federal funds sold & reverse repurchase agreements
$31,777Net loans & leases
$524Loan loss allowance
$0Trading account assets
$4,184Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$53,702Life insurance assets
$277All other assets
$45,921Total liabilities and capital
$45,696Total liabilities
$34,682Total deposits
$45,696Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$225Subordinated debt
$7,781All other liabilities
$7,781Total equity capital
$7,781Total bank equity capital
$0Perpetual preferred stock
$5,623Common stock
$5,909Surplus
$-3,751Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$101Long-term assets (5+ years)
$46,794Average Assets, year-to-date
$4,758Average Assets, quarterly
$46,431Volatile liabilities
$51,995Insider loans
$41,114FHLB advances
$52,328Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,779Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$14,888Restructured Loans and leases
$877Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,035Total interest income
$355Total interest expense
$1,680Net interest income
$169Provision for loan and lease losses
$56Total noninterest income
$0Fiduciary activities
$28Service charges on deposit accounts
$0Trading account gains & fees
$28Additional noninterest income
$2,117Total noninterest expense
$1,145Salaries and employee benefits
$368Premises and equipment expense
$604Additional noninterest expense
-$550Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$550Income before extraordinary items
$0Extraordinary gains - net
-$550Net income attributable to bank
$0Net charge-offs
-$550Cash dividends
$2Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.17%Yield on earning assets
0.90%Cost of funding earning assets
4.27%Net interest margin
0.14%Noninterest income to earning assets
5.38%Noninterest expense to earning assets
-1.18%Net operating income to assets
-1.18%Return on assets (ROA)
-1.18%Pretax return on assets
-6.86%Return on equity (ROE)
-6.86%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
8450.00%Credit loss provision to net charge-offs
-190.50%Efficiency ratio
121,947Assets per employee
4.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.62%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
69.54%Net loans and leases to core deposits
74.11%Equity capital to assets
14.49%Core capital (leverage) ratio
14.87%Tier 1 risk-based capital ratio
18.92%Total risk-based capital ratio
Memoranda
$20Average assets
$46,431Average earning assets
$8,012Average equity
$39,366Average loans
List of branches
1 Colorado Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
469584
Redstone Bank
15765 East Arapahoe Road, Centennial, CO 80016
July 02, 2008
Full Service Brick and Mortar
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