Steele Street Bank & Trust in Denver, Colorado (CO)

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Steele Street Bank & Trust routing number info

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Steele Street Bank & Trust
GeneralFDIC Certificate #: 57575
Status: Active
Federal Reserve ID: 3168563
Bank Holding Company (Regulatory Top Holder): Steele Street Bank Corporation (RSSDID: 3178414, Location: Denver, CO)
Date Established: August 06, 2003
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 365809
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: August 06, 2003
Last Structure Change Effective Date: August 01, 2007
Last Structure Change Process Date: March 27, 2008
Last Data Update: March 27, 2008
Data Source Date: April 05, 2012
LocationAddress: 55 Adams Street, Denver, CO 80206
County: Denver
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 SummaryTotal assets: $399.7 mil
Equity capital: $40.4 mil
Deposits held in domestic offices: $358.2 mil
Return on assets (ROA): 1.52% ($6.1 mil)
Quarterly return on assets: 1.58% ($6.3 mil)
Return on Equity (ROE): 15.30% ($6.1 mil)
Quarterly return on equity: 15.66% ($6.3 mil)
Net income: $5.7 mil
Quarterly Net income: $1.5 mil
Pretax return on assets: 1.52% ($6,075.3 mil)
Quarterly Pretax return on assets: 1.58% ($6,315.2 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)
Total employees (full-time equivalent)50
Total assets$399,694
Cash and due from depository institutions$63,708
Interest-bearing balances$59,793
Federal funds sold & reverse repurchase agreements$432
Net loans & leases$275,788
Loan loss allowance $3,307
Trading account assets$0
Bank premises and fixed assets$8,168
Other real estate owned$2,276
Goodwill and other intangibles$0
All other assets$10,000
Life insurance assets$399,694
Total liabilities and capital$359,318
Total liabilities$358,248
Total deposits$275,472
Interest-bearing deposits$358,248
Deposits held in domestic offices$63
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,070
All other liabilities $40,376
Total equity capital$40,376
Total bank equity capital$40,376
Perpetual preferred stock$0
Common stock$5,000
Undivided profits $13,599
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $179
Earning assets $0
Long-term assets (5+ years) $1,009
Average Assets, year-to-date $375,335
Average Assets, quarterly $66,705
Volatile liabilities $376,148
Insider loans $390,592
FHLB advances $290,869
Loans and leases held for sale $389,182
Unused loan commitments $6,879
Tier 1 (core) risk-based capital $6,879
Tier 2 risk-based capital $39,396
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $62,599
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $17,387
Total interest expense $1,655
Net interest income $15,732
Provision for loan and lease losses $813
Total noninterest income $1,483
Fiduciary activities $996
Service charges on deposit accounts $77
Trading account gains & fees $0
Additional noninterest income $410
Total noninterest expense $10,686
Salaries and employee benefits $5,737
Premises and equipment expense $1,321
Additional noninterest expense $3,628
Pre-tax net operating income $5,716
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $5,716
Extraordinary gains - net $0
Net income attributable to bank $5,716
Net charge-offs $0
Cash dividends $5,716
Sale, conversion, retirement of capital stock, net $568
Net operating income $1,342
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.92%
Cost of funding earning assets 0.47%
Net interest margin 4.46%
Noninterest income to earning assets 0.42%
Noninterest expense to earning assets 3.03%
Net operating income to assets 1.52%
Return on assets (ROA) 1.52%
Pretax return on assets 1.52%
Return on equity (ROE) 15.30%
Retained earnings to average equity (YTD only) 11.71%
Net charge-offs to loans 0.21%
Credit loss provision to net charge-offs 143.13%
Efficiency ratio11.49%
Assets per employee$62,074
Cash dividends to net income (YTD only)7.99%
Condition Ratios (%)
Loss allowance to loans 23.48%
Loss allowance to noncurrent loans 1.18%
Noncurrent assets plus other real estate owned to assets 1847.49%
Noncurrent loans to loans 0.61%
Net loans and leases to deposits0.06%
Net loans and leases to core deposits 76.98%
Equity capital to assets 93.20%
Core capital (leverage) ratio 10.10%
Tier 1 risk-based capital ratio 10.12%
Total risk-based capital ratio 13.54%
Average assets$15
Average earning assets$376,148
Average equity $37,356
Average loans $353,036
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$168,638
Number of Accounts1
Personal trust and agency accounts$118,535
Employee benefit-defined contribution accounts$84,500
Employee benefit-defined benefit accounts$2,251
Other retirement accounts$0
Corporate trust and agency accounts$8,839
Investment management agency accounts$0
Other fiduciary accounts$22,945
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts296
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$8,839
Employee benefit-defined benefit accounts$0
Other retirement accounts$50,103
Corporate trust and agency accounts$46,934
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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4 Colorado Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0365809Steele Street Bank & Trust55 Adams Street, Denver, CO 80206August 06, 2003Full Service Brick and Mortar
1426727Mobile Branch55 Adams Street, Denver, CO 80206January 02, 2004Limited Service Mobile
2441901Downtown Banking Center555 17th Street, Denver, CO 80202July 11, 2005Full Service Brick and Mortar
4518752South Colorado Boulevard Branch2805 South Colorado Boulevard, Denver, CO 80222April 04, 2011Full Service Brick and Mortar
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