The First National Bank in Trinidad in Trinidad, Colorado (CO), NM
Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank in Trinidad - Overview

  • General
  • FDIC Certificate #: 14584
    Status: Active
    Federal Reserve ID: 474058
    Bank Holding Company (Regulatory Top Holder): Republic Trinidad Corporation (RSSDID: 1054073, Location: Houston, TX)
    Date Established: April 16, 1875
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Domestic: 5, Interstate: Yes)
    FDIC's unique #: 9117
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: July 13, 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: 100 East Main Street, Trinidad, CO 81082
    County: Las Animas
    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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $182.9 mil
    Equity capital: $22.5 mil
    Deposits held in domestic offices: $159.9 mil
    Return on assets (ROA): 0.56% ($1.0 mil)
    Quarterly return on assets: 0.63% ($1.2 mil)
    Return on Equity (ROE): 4.55% ($1.0 mil)
    Quarterly return on equity: 5.13% ($1.2 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.56% ($1,024.3 mil)
    Quarterly Pretax return on assets: 0.63% ($1,152.3 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
  • 69Total employees (full-time equivalent)
  • $182,903Total assets
  • $63,757Cash and due from depository institutions
  • $59,684Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $106,557Net loans & leases
  • $2,009Loan loss allowance
  • $0Trading account assets
  • $2,087Bank premises and fixed assets
  • $2,590Other real estate owned
  • $0Goodwill and other intangibles
  • $182,903Life insurance assets
  • $7,912All other assets
  • $160,401Total liabilities and capital
  • $159,898Total liabilities
  • $130,047Total deposits
  • $159,898Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $503Subordinated debt
  • $22,502All other liabilities
  • $22,502Total equity capital
  • $22,502Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $400Surplus
  • $21,702Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,744Income earned, not collected on loans
  • $0Earning assets
  • $428Long-term assets (5+ years)
  • $166,241Average Assets, year-to-date
  • $49,671Average Assets, quarterly
  • $182,068Volatile liabilities
  • $182,877Insider loans
  • $81,262FHLB advances
  • $184,312Loans and leases held for sale
  • $5,715Unused loan commitments
  • $3,808Tier 1 (core) risk-based capital
  • $22,502Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,907Total unused commitments
  • $2,872Restructured Loans and leases
  • $413Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,682Total interest income
  • $908Total interest expense
  • $6,774Net interest income
  • $56Provision for loan and lease losses
  • $1,148Total noninterest income
  • $0Fiduciary activities
  • $406Service charges on deposit accounts
  • $0Trading account gains & fees
  • $742Additional noninterest income
  • $6,855Total noninterest expense
  • $3,651Salaries and employee benefits
  • $721Premises and equipment expense
  • $2,483Additional noninterest expense
  • $1,011Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,011Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,011Net income attributable to bank
  • $0Net charge-offs
  • $1,011Cash dividends
  • $47Sale, conversion, retirement of capital stock, net
  • $440Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.51%Yield on earning assets
  • 0.53%Cost of funding earning assets
  • 3.98%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 4.02%Noninterest expense to earning assets
  • 0.56%Net operating income to assets
  • 0.56%Return on assets (ROA)
  • 0.56%Pretax return on assets
  • 4.55%Return on equity (ROE)
  • 2.57%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 119.15%Credit loss provision to net charge-offs
  • 22.70%Efficiency ratio
  • 86,531Assets per employee
  • 2.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 43.52%Loss allowance to loans
  • 1.85%Loss allowance to noncurrent loans
  • 73.21%Noncurrent assets plus other real estate owned to assets
  • 2.92%Noncurrent loans to loans
  • 2.53%Net loans and leases to deposits
  • 66.64%Net loans and leases to core deposits
  • 70.46%Equity capital to assets
  • 12.30%Core capital (leverage) ratio
  • 12.21%Tier 1 risk-based capital ratio
  • 27.69%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $182,068Average earning assets
  • $22,220Average equity
  • $170,386Average loans

List of branches

  • 4 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09117The First National Bank In Trinidad100 East Main Street, Trinidad, CO 81082April 16, 1875Full Service Brick and Mortar
    1231762Motor Bank Branch122 East First Street, Trinidad, CO 81082December 10, 1979Limited Service Facility
    2231763Huerfano County Branch135 West Sixth Street, Walsenburg, CO 81089October 18, 1993Full Service Brick and Mortar
    3231764Wal-Mart Branch2921 Toupal Drive, Trinidad, CO 81082September 16, 1998Full Service Retail
  • 1 New Mexico Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    4357431Loan Production Branch1246 S. Second Street, Raton, NM 87740October 01, 1999Limited Service Loan Production

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