Steele Street Bank & Trust in Denver, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches


Steele Street Bank & Trust - Overview

  • General
  • FDIC 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
    WWW: http://www.steelestreet.com
    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
  • Location
  • Address: 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 Summary
  • Total 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
  • 50Total employees (full-time equivalent)
  • $399,694Total assets
  • $63,708Cash and due from depository institutions
  • $59,793Interest-bearing balances
  • $39,322Securities
  • $432Federal funds sold & reverse repurchase agreements
  • $275,788Net loans & leases
  • $3,307Loan loss allowance
  • $0Trading account assets
  • $8,168Bank premises and fixed assets
  • $2,276Other real estate owned
  • $0Goodwill and other intangibles
  • $399,694Life insurance assets
  • $10,000All other assets
  • $359,318Total liabilities and capital
  • $358,248Total liabilities
  • $275,472Total deposits
  • $358,248Interest-bearing deposits
  • $63Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,070Subordinated debt
  • $40,376All other liabilities
  • $40,376Total equity capital
  • $40,376Total bank equity capital
  • $0Perpetual preferred stock
  • $5,000Common stock
  • $21,777Surplus
  • $13,599Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $179Income earned, not collected on loans
  • $0Earning assets
  • $1,009Long-term assets (5+ years)
  • $375,335Average Assets, year-to-date
  • $66,705Average Assets, quarterly
  • $376,148Volatile liabilities
  • $390,592Insider loans
  • $290,869FHLB advances
  • $389,182Loans and leases held for sale
  • $6,879Unused loan commitments
  • $6,879Tier 1 (core) risk-based capital
  • $39,396Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $62,599Restructured Loans and leases
  • $47Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,387Total interest income
  • $1,655Total interest expense
  • $15,732Net interest income
  • $813Provision for loan and lease losses
  • $1,483Total noninterest income
  • $996Fiduciary activities
  • $77Service charges on deposit accounts
  • $0Trading account gains & fees
  • $410Additional noninterest income
  • $10,686Total noninterest expense
  • $5,737Salaries and employee benefits
  • $1,321Premises and equipment expense
  • $3,628Additional noninterest expense
  • $5,716Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $5,716Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,716Net income attributable to bank
  • $0Net charge-offs
  • $5,716Cash dividends
  • $568Sale, conversion, retirement of capital stock, net
  • $1,342Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 0.47%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 3.03%Noninterest expense to earning assets
  • 1.52%Net operating income to assets
  • 1.52%Return on assets (ROA)
  • 1.52%Pretax return on assets
  • 15.30%Return on equity (ROE)
  • 11.71%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 143.13%Credit loss provision to net charge-offs
  • 11.49%Efficiency ratio
  • 62,074Assets per employee
  • 7.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.48%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 1847.49%Noncurrent assets plus other real estate owned to assets
  • 0.61%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 76.98%Net loans and leases to core deposits
  • 93.20%Equity capital to assets
  • 10.10%Core capital (leverage) ratio
  • 10.12%Tier 1 risk-based capital ratio
  • 13.54%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $376,148Average earning assets
  • $37,356Average equity
  • $353,036Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $168,638Managed Assets
  • 1Number of Accounts
  • $118,535Personal trust and agency accounts
  • $84,500Employee benefit-defined contribution accounts
  • $2,251Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $8,839Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $22,945Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 296Number of Accounts
  • $0Personal trust and agency accounts
  • $8,839Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $50,103Other retirement accounts
  • $46,934Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 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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