Redstone Bank in Centennial, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches


Redstone Bank - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    0469584Redstone Bank15765 East Arapahoe Road, Centennial, CO 80016July 02, 2008Full Service Brick and Mortar

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