The Bank of Burlington in Burlington, Colorado (CO)



Show street view No street view available for this location

The Bank of Burlington routing number info

Table of contents:
The Bank of Burlington
GeneralFDIC Certificate #: 15759
Status: Active
Federal Reserve ID: 809856
Bank Holding Company (Regulatory Top Holder): Burlington Bancshares, Inc. (RSSDID: 1061688, Location: Burlington, CO)
Date Established: January 01, 1931
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 10007
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: July 22, 1940
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
LocationAddress: 410 14th Street, Burlington, CO 80807
County: Kit Carson
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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $61.9 mil
Equity capital: $5.1 mil
Deposits held in domestic offices: $56.7 mil
Return on assets (ROA): 0.92% ($0.6 mil)
Quarterly return on assets: 0.86% ($0.5 mil)
Return on Equity (ROE): 11.35% ($0.6 mil)
Quarterly return on equity: 10.30% ($0.5 mil)
Net income: $0.5 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.92% ($569.7 mil)
Quarterly Pretax return on assets: 0.86% ($532.5 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)
Total employees (full-time equivalent)12
Total assets$61,923
Cash and due from depository institutions$13,479
Interest-bearing balances$8,835
Securities$40,067
Federal funds sold & reverse repurchase agreements$50
Net loans & leases$7,509
Loan loss allowance $138
Trading account assets$0
Bank premises and fixed assets$96
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$722
Life insurance assets$61,923
Total liabilities and capital$56,784
Total liabilities$56,724
Total deposits$40,199
Interest-bearing deposits$56,724
Deposits held in domestic offices$84
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $60
All other liabilities $5,139
Total equity capital$5,139
Total bank equity capital$5,139
Perpetual preferred stock$0
Common stock$600
Surplus$700
Undivided profits $3,839
Memoranda
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 $0
Earning assets $0
Long-term assets (5+ years) $418
Average Assets, year-to-date $56,461
Average Assets, quarterly $21,568
Volatile liabilities $56,547
Insider loans $60,958
FHLB advances $15,798
Loans and leases held for sale $61,643
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $4,439
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $8,679
Derivatives$0
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,606
Total interest expense $206
Net interest income $1,400
Provision for loan and lease losses $0
Total noninterest income $149
Fiduciary activities $0
Service charges on deposit accounts $106
Trading account gains & fees $0
Additional noninterest income $43
Total noninterest expense $1,030
Salaries and employee benefits $648
Premises and equipment expense $76
Additional noninterest expense $306
Pre-tax net operating income $519
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $519
Extraordinary gains - net $0
Net income attributable to bank $519
Net charge-offs $0
Cash dividends $519
Sale, conversion, retirement of capital stock, net $0
Net operating income $108
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.11%
Cost of funding earning assets 0.40%
Net interest margin 2.71%
Noninterest income to earning assets 0.29%
Noninterest expense to earning assets 1.99%
Net operating income to assets 0.92%
Return on assets (ROA) 0.92%
Pretax return on assets 0.92%
Return on equity (ROE) 11.35%
Retained earnings to average equity (YTD only) 8.99%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$66,495
Cash dividends to net income (YTD only)5.16%
Condition Ratios (%)
Loss allowance to loans 20.81%
Loss allowance to noncurrent loans 1.80%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 13.24%
Equity capital to assets 13.53%
Core capital (leverage) ratio 8.30%
Tier 1 risk-based capital ratio 7.20%
Total risk-based capital ratio 28.10%
Memoranda
Average assets$29
Average earning assets$56,547
Average equity $4,574
Average loans $51,650
Back to page top, Back to table top

1 Colorado Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010007The Bank Of Burlington410 14th Street, Burlington, CO 80807January 01, 1931Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Bank of Burlington.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.