Rio Blanco State Bank in Rangely, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 02, 1997

  • Rio Blanco State Bank in Rangely, Colorado (CO)
  • Show street view No street view available for this location

Rio Blanco State Bank - Overview

  • General
  • FDIC Certificate #: 24484
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: First National Bank of the Rockies (#3041)
    Federal Reserve ID: 529752
    Date Established: May 16, 1983
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 17016
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 16, 1983
    Last Structure Change Effective Date: May 02, 1997
    Last Structure Change Process Date: May 12, 1997
    Last Data Update: May 12, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 206 East Main, Rangely, CO 81648
    County: Rio Blanco
    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
  • Financial Summary
  • Total assets: $13.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $9Total assets
  • $13,118Cash and due from depository institutions
  • $567Interest-bearing balances
  • $0Securities
  • $5,240Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $6,660Loan loss allowance
  • $96Trading account assets
  • $0Bank premises and fixed assets
  • $330Other real estate owned
  • $118Goodwill and other intangibles
  • $203Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $13,118Total liabilities
  • $12,080Total deposits
  • $11,708Interest-bearing deposits
  • $9,903Deposits held in domestic offices
  • 11708.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $325Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $47Total equity capital
  • $47Total bank equity capital
  • $1,038Perpetual preferred stock
  • $0Common stock
  • $734Surplus
  • $16Undivided profits
  • Memoranda
  • $288Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $75Income earned, not collected on loans
  • $75Earning assets
  • $11,900Long-term assets (5+ years)
  • $797Average Assets, year-to-date
  • $12,637Average Assets, quarterly
  • $13,650Volatile liabilities
  • $4,314Insider loans
  • $331FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $776Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,038Total risk weighted assets
  • $6,634Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,040Total interest expense
  • $434Net interest income
  • $606Provision for loan and lease losses
  • $12Total noninterest income
  • $158Fiduciary activities
  • $0Service charges on deposit accounts
  • $123Trading account gains & fees
  • $0Additional noninterest income
  • $35Total noninterest expense
  • $578Salaries and employee benefits
  • $268Premises and equipment expense
  • $100Additional noninterest expense
  • $210Pre-tax net operating income
  • $174Securities gains (losses)
  • $0Applicable income taxes
  • $55Income before extraordinary items
  • $119Extraordinary gains - net
  • $0Net income attributable to bank
  • $119Net charge-offs
  • $17Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.13%Cost of funding earning assets
  • 3.81%Net interest margin
  • 5.32%Noninterest income to earning assets
  • 1.39%Noninterest expense to earning assets
  • 5.08%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 0.94%Pretax return on assets
  • 1.38%Return on equity (ROE)
  • 11.89%Retained earnings to average equity (YTD only)
  • 11.89%Net charge-offs to loans
  • 0.26%Credit loss provision to net charge-offs
  • 70.59%Efficiency ratio
  • 75,654Assets per employee
  • 1.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.42%Loss allowance to noncurrent loans
  • 128.00%Noncurrent assets plus other real estate owned to assets
  • 1.47%Noncurrent loans to loans
  • 1.11%Net loans and leases to deposits
  • 56.88%Net loans and leases to core deposits
  • 86.28%Equity capital to assets
  • 7.91%Core capital (leverage) ratio
  • 7.46%Tier 1 risk-based capital ratio
  • 15.65%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $12,637Average earning assets
  • $1,001Average equity
  • $11,386Average loans

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