Rio Grande Savings and Loan Association in Monte Vista, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Rio Grande Savings and Loan Association in Monte Vista, Colorado (CO)
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Rio Grande Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28315
    Status: Active
    Federal Reserve ID: 256076
    Date Established: January 01, 1905
    WWW: http://www.rgsla.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 1351
    FDIC's unique #: 41149
    Numeric code: 36
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Mortgage Lending Specialization
    Date of Deposit Insurance: September 17, 1951
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 901 1st Avenue, Monte Vista, CO 81144
    County: Rio Grande
    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
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $96.9 mil
    Equity capital: $10.1 mil
    Deposits held in domestic offices: $86.4 mil
    Return on assets (ROA): 0.30% ($0.3 mil)
    Quarterly return on assets: 0.19% ($0.2 mil)
    Return on Equity (ROE): 2.90% ($0.3 mil)
    Quarterly return on equity: 1.82% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.50% ($484.7 mil)
    Quarterly Pretax return on assets: 0.47% ($455.6 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
  • 31Total employees (full-time equivalent)
  • $96,938Total assets
  • $18,234Cash and due from depository institutions
  • $17,222Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $73,610Net loans & leases
  • $249Loan loss allowance
  • $0Trading account assets
  • $3,319Bank premises and fixed assets
  • $943Other real estate owned
  • $0Goodwill and other intangibles
  • $96,936Life insurance assets
  • $832All other assets
  • $86,795Total liabilities and capital
  • $86,409Total liabilities
  • $80,595Total deposits
  • $86,409Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $386Subordinated debt
  • $10,141All other liabilities
  • $10,141Total equity capital
  • $10,141Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $10,141Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $840Income earned, not collected on loans
  • $0Earning assets
  • $292Long-term assets (5+ years)
  • $90,832Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $97,641Volatile liabilities
  • $96,781Insider loans
  • $51,569FHLB advances
  • $96,938Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,141Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $446Restructured Loans and leases
  • $529Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,490Total interest income
  • $819Total interest expense
  • $3,671Net interest income
  • $191Provision for loan and lease losses
  • $370Total noninterest income
  • $0Fiduciary activities
  • $273Service charges on deposit accounts
  • $0Trading account gains & fees
  • $97Additional noninterest income
  • $3,358Total noninterest expense
  • $1,911Salaries and employee benefits
  • $811Premises and equipment expense
  • $636Additional noninterest expense
  • $492Pre-tax net operating income
  • $0Securities gains (losses)
  • $202Applicable income taxes
  • $290Income before extraordinary items
  • $0Extraordinary gains - net
  • $290Net income attributable to bank
  • $0Net charge-offs
  • $290Cash dividends
  • $95Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 4.02%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 3.68%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.50%Pretax return on assets
  • 2.90%Return on equity (ROE)
  • 2.90%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 201.05%Credit loss provision to net charge-offs
  • 7.19%Efficiency ratio
  • 83,098Assets per employee
  • 3.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.34%Loss allowance to noncurrent loans
  • 29.64%Noncurrent assets plus other real estate owned to assets
  • 1.84%Noncurrent loans to loans
  • 1.14%Net loans and leases to deposits
  • 85.19%Net loans and leases to core deposits
  • 90.53%Equity capital to assets
  • 10.46%Core capital (leverage) ratio
  • 10.46%Tier 1 risk-based capital ratio
  • 19.66%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $97,641Average earning assets
  • $10,003Average equity
  • $91,296Average loans

List of branches

  • 3 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041149Rio Grande Savings And Loan Associat901 1st Avenue, Monte Vista, CO 81144January 01, 1905Full Service Brick and Mortar
    100266642Mariposa Street Branch3416 Mariposa Street, Alamosa, CO 81101January 01, 1905Full Service Brick and Mortar
    10126664380 Piedra Road Branch80 Piedra Road, Pagosa Springs, CO 81147June 30, 1986Full Service Brick and Mortar

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