The First National Bank of Canon City, Colorado in Canon City, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 07, 2001

  • The First National Bank of Canon City, Colorado in Canon City, Colorado (CO)
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The First National Bank of Canon City, Colorado - Overview

  • General
  • FDIC Certificate #: 2999
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sunflower Bank, National Association (#4767)
    Federal Reserve ID: 812155
    Date Established: April 27, 1888
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 9207
    FDIC's unique #: 1899
    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: January 01, 1934
    Last Structure Change Effective Date: November 07, 2001
    Last Structure Change Process Date: November 19, 2001
    Last Data Update: November 19, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 531 Main Street, Canon City, CO 81212
    County: Fremont
    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
    Core Based Statistical Area (CBSA): Ca?on City, CO (#15860)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $104.0 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 62Total employees (full-time equivalent)
  • $97,567Total assets
  • $3,323Cash and due from depository institutions
  • $52Interest-bearing balances
  • $34,988Securities
  • $6,300Federal funds sold & reverse repurchase agreements
  • $50,395Net loans & leases
  • $530Loan loss allowance
  • $0Trading account assets
  • $1,548Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,013All other assets
  • $97,567Total liabilities and capital
  • $88,931Total liabilities
  • $79,680Total deposits
  • $59,653Interest-bearing deposits
  • $79,680Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $8,770Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $481All other liabilities
  • $8,636Total equity capital
  • $8,636Total bank equity capital
  • $8,636Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $500Undivided profits
  • Memoranda
  • $7,936Noncurrent loans and leases
  • $6,577Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $299Earning assets
  • $0Long-term assets (5+ years)
  • $321Average Assets, year-to-date
  • $91,735Average Assets, quarterly
  • $17,862Volatile liabilities
  • $97,423Insider loans
  • $99,185FHLB advances
  • $15,401Loans and leases held for sale
  • $1,678Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,577Total unused commitments
  • $0Restructured Loans and leases
  • $530Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $7,120Total interest income
  • $2,629Total interest expense
  • $4,491Net interest income
  • $14Provision for loan and lease losses
  • $723Total noninterest income
  • $0Fiduciary activities
  • $518Service charges on deposit accounts
  • $0Trading account gains & fees
  • $205Additional noninterest income
  • $3,375Total noninterest expense
  • $1,867Salaries and employee benefits
  • $544Premises and equipment expense
  • $964Additional noninterest expense
  • $1,825Pre-tax net operating income
  • $28Securities gains (losses)
  • $22Applicable income taxes
  • $1,831Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,831Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $9Sale, conversion, retirement of capital stock, net
  • $2,878Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.82%Yield on earning assets
  • 2.89%Cost of funding earning assets
  • 4.93%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 3.71%Noninterest expense to earning assets
  • 1.85%Net operating income to assets
  • 1.88%Return on assets (ROA)
  • 1.90%Pretax return on assets
  • 20.60%Return on equity (ROE)
  • -11.78%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 700.00%Credit loss provision to net charge-offs
  • 204.33%Efficiency ratio
  • 64,730Assets per employee
  • 1.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 157.18%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 177.26%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.59%Net loans and leases to deposits
  • 63.25%Net loans and leases to core deposits
  • 68.99%Equity capital to assets
  • 8.85%Core capital (leverage) ratio
  • 8.77%Tier 1 risk-based capital ratio
  • 16.91%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $97,423Average earning assets
  • $8,886Average equity
  • $91,084Average loans

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