The Bank of Laramie, National Association - Overview
General
FDIC Certificate #: 23277 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The American National Bank (#2211) Federal Reserve ID: 16355 Date Established: December 15, 1980 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) OTS Docket #: 11464 FDIC's unique #: 16313 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: December 15, 1980 Last Structure Change Effective Date: May 22, 2003 Last Structure Change Process Date: June 25, 2003 Last Data Update: June 25, 2003 Data Source Date: April 05, 2012
Location
Address: 2835 Grand, Laramie, WY 82070 County: Albany Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Dallas FDIC Field Office: Billings Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Laramie, WY (#29660) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $39.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
15Total employees (full-time equivalent)
$39,658Total assets
$1,182Cash and due from depository institutions
$2Interest-bearing balances
$7,378Securities
$1,900Federal funds sold & reverse repurchase agreements
$27,010Net loans & leases
$527Loan loss allowance
$0Trading account assets
$1,694Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$494All other assets
$39,658Total liabilities and capital
$35,930Total liabilities
$35,527Total deposits
$30,485Interest-bearing deposits
$35,527Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$403All other liabilities
$3,728Total equity capital
$3,728Total bank equity capital
$3,728Perpetual preferred stock
$0Common stock
$111Surplus
$2,368Undivided profits
Memoranda
$1,249Noncurrent loans and leases
$4,733Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$99Earning assets
$40Long-term assets (5+ years)
$264Average Assets, year-to-date
$36,290Average Assets, quarterly
$2,516Volatile liabilities
$39,382Insider loans
$40,427FHLB advances
$3,735Loans and leases held for sale
$8Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,733Total unused commitments
$0Restructured Loans and leases
$352Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$2,492Total interest income
$712Total interest expense
$1,780Net interest income
$10Provision for loan and lease losses
$341Total noninterest income
$0Fiduciary activities
$168Service charges on deposit accounts
$0Trading account gains & fees
$173Additional noninterest income
$1,464Total noninterest expense
$750Salaries and employee benefits
$159Premises and equipment expense
$555Additional noninterest expense
$647Pre-tax net operating income
$39Securities gains (losses)
$83Applicable income taxes
$603Income before extraordinary items
$0Extraordinary gains - net
$603Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4Sale, conversion, retirement of capital stock, net
$300Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.93%Yield on earning assets
1.98%Cost of funding earning assets
4.95%Net interest margin
0.95%Noninterest income to earning assets
4.07%Noninterest expense to earning assets
1.44%Net operating income to assets
1.53%Return on assets (ROA)
1.74%Pretax return on assets
18.29%Return on equity (ROE)
9.19%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
250.00%Credit loss provision to net charge-offs
164.25%Efficiency ratio
69,024Assets per employee
2.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
49.75%Loss allowance to loans
1.91%Loss allowance to noncurrent loans
532.32%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.36%Net loans and leases to deposits
76.03%Net loans and leases to core deposits
84.96%Equity capital to assets
9.40%Core capital (leverage) ratio
8.92%Tier 1 risk-based capital ratio
12.40%Total risk-based capital ratio
Memoranda
$14Average assets
$39,382Average earning assets
$3,297Average equity
$35,973Average loans
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