Rocky Mountain Bank & Trust Florence in Florence, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Rocky Mountain Bank & Trust Florence in Florence, Colorado (CO)
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Rocky Mountain Bank & Trust Florence - Overview

  • General
  • FDIC Certificate #: 3019
    Status: Active
    Federal Reserve ID: 249658
    Bank Holding Company (Regulatory Top Holder): First Flo Corporation (RSSDID: 1067233, Location: Florence, CO)
    Date Established: May 31, 1900
    WWW: http://www.rmbt.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 11685
    FDIC's unique #: 1917
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 East Main Street, Florence, CO 81226
    County: Fremont
    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
    Core Based Statistical Area (CBSA): Ca?on City, CO (#15860)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $105.0 mil
    Equity capital: $1.5 mil
    Deposits held in domestic offices: $102.8 mil
    Return on assets (ROA): -0.57% (-$0.6 mil)
    Quarterly return on assets: -1.10% (-$1.2 mil)
    Return on Equity (ROE): -21.89% (-$0.2 mil)
    Quarterly return on equity: -63.54% (-$0.6 mil)
    Net income: -$0.7 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -0.57% (-$598.3 mil)
    Quarterly Pretax return on assets: -1.10% (-$1,154.6 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
  • 26Total employees (full-time equivalent)
  • $104,960Total assets
  • $1,590Cash and due from depository institutions
  • $442Interest-bearing balances
  • $55,613Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $32,272Net loans & leases
  • $1,424Loan loss allowance
  • $0Trading account assets
  • $2,997Bank premises and fixed assets
  • $3,695Other real estate owned
  • $289Goodwill and other intangibles
  • $104,960Life insurance assets
  • $8,504All other assets
  • $103,505Total liabilities and capital
  • $102,841Total liabilities
  • $93,819Total deposits
  • $102,841Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $225Trading liabilities
  • $0Other borrowed funds
  • $439Subordinated debt
  • $1,455All other liabilities
  • $1,455Total equity capital
  • $1,455Total bank equity capital
  • $0Perpetual preferred stock
  • $177Common stock
  • $12,646Surplus
  • $-11,368Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,859Income earned, not collected on loans
  • $0Earning assets
  • $522Long-term assets (5+ years)
  • $88,327Average Assets, year-to-date
  • $48,182Average Assets, quarterly
  • $121,867Volatile liabilities
  • $111,585Insider loans
  • $123,010FHLB advances
  • $114,188Loans and leases held for sale
  • $1,461Unused loan commitments
  • $1,461Tier 1 (core) risk-based capital
  • $7,865Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,299Restructured Loans and leases
  • $1,367Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,980Total interest income
  • $1,350Total interest expense
  • $4,630Net interest income
  • $1,474Provision for loan and lease losses
  • $1,135Total noninterest income
  • $0Fiduciary activities
  • $150Service charges on deposit accounts
  • $0Trading account gains & fees
  • $985Additional noninterest income
  • $4,914Total noninterest expense
  • $1,745Salaries and employee benefits
  • $435Premises and equipment expense
  • $2,734Additional noninterest expense
  • -$623Pre-tax net operating income
  • -$75Securities gains (losses)
  • $0Applicable income taxes
  • -$698Income before extraordinary items
  • $0Extraordinary gains - net
  • -$698Net income attributable to bank
  • $0Net charge-offs
  • -$698Cash dividends
  • $1,138Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.68%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 4.40%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 4.67%Noninterest expense to earning assets
  • -0.51%Net operating income to assets
  • -0.57%Return on assets (ROA)
  • -0.57%Pretax return on assets
  • -21.89%Return on equity (ROE)
  • -21.89%Retained earnings to average equity (YTD only)
  • 2.99%Net charge-offs to loans
  • 129.53%Credit loss provision to net charge-offs
  • 0.75%Efficiency ratio
  • 85,239Assets per employee
  • 4.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.23%Loss allowance to noncurrent loans
  • 49.81%Noncurrent assets plus other real estate owned to assets
  • 6.24%Noncurrent loans to loans
  • 8.48%Net loans and leases to deposits
  • 31.38%Net loans and leases to core deposits
  • 31.48%Equity capital to assets
  • 1.39%Core capital (leverage) ratio
  • 6.89%Tier 1 risk-based capital ratio
  • 6.39%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $121,867Average earning assets
  • $3,189Average equity
  • $105,216Average loans

List of branches

  • 2 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01917Rocky Mountain Bank & Trust Florence101 East Main Street, Florence, CO 81226May 31, 1900Full Service Brick and Mortar
    1196020Cheyenne Meadows Branch755 Cheyenne Meadows, Colorado Springs, CO 80906January 02, 1997Full Service Brick and Mortar

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