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

The First National Bank of Las Animas - Overview

  • General
  • FDIC Certificate #: 3034
    Status: Active
    Federal Reserve ID: 513256
    Bank Holding Company (Regulatory Top Holder): First Bankshares Of Las Animas, Inc. (RSSDID: 1064027, Location: Las Animas, CO)
    Date Established: January 01, 1901
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Domestic: 4, Interstate: No)
    OTS Docket #: 11418
    FDIC's unique #: 1930
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 13, 2012
    Last Structure Change Process Date: January 26, 2012
    Last Data Update: January 26, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 535 Bent Avenue, Las Animas, CO 81054
    County: Bent
    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
  • Office Purchased
  • Financial Summary
  • Total assets: $249.5 mil
    Equity capital: $29.0 mil
    Deposits held in domestic offices: $202.5 mil
    Return on assets (ROA): 2.49% ($6.2 mil)
    Quarterly return on assets: 2.19% ($5.5 mil)
    Return on Equity (ROE): 22.30% ($6.5 mil)
    Quarterly return on equity: 18.79% ($5.4 mil)
    Net income: $6.1 mil
    Quarterly Net income: $1.4 mil
    Pretax return on assets: 2.49% ($6,213.2 mil)
    Quarterly Pretax return on assets: 2.19% ($5,464.6 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
  • 55Total employees (full-time equivalent)
  • $249,525Total assets
  • $25,072Cash and due from depository institutions
  • $21,035Interest-bearing balances
  • $56,228Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $157,923Net loans & leases
  • $3,380Loan loss allowance
  • $0Trading account assets
  • $3,891Bank premises and fixed assets
  • $733Other real estate owned
  • $1,143Goodwill and other intangibles
  • $249,526Life insurance assets
  • $4,535All other assets
  • $220,575Total liabilities and capital
  • $202,486Total liabilities
  • $178,835Total deposits
  • $202,486Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $17,852Trading liabilities
  • $0Other borrowed funds
  • $237Subordinated debt
  • $28,951All other liabilities
  • $28,951Total equity capital
  • $28,951Total bank equity capital
  • $0Perpetual preferred stock
  • $6,609Common stock
  • $4,500Surplus
  • $17,842Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,490Income earned, not collected on loans
  • $0Earning assets
  • $2,235Long-term assets (5+ years)
  • $235,186Average Assets, year-to-date
  • $79,788Average Assets, quarterly
  • $243,330Volatile liabilities
  • $248,838Insider loans
  • $172,574FHLB advances
  • $250,078Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $25,854Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $37,338Restructured Loans and leases
  • $7,364Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,182Total interest income
  • $3,011Total interest expense
  • $10,171Net interest income
  • -$923Provision for loan and lease losses
  • $626Total noninterest income
  • $0Fiduciary activities
  • $433Service charges on deposit accounts
  • $0Trading account gains & fees
  • $193Additional noninterest income
  • $6,180Total noninterest expense
  • $2,588Salaries and employee benefits
  • $533Premises and equipment expense
  • $3,059Additional noninterest expense
  • $5,540Pre-tax net operating income
  • $519Securities gains (losses)
  • $0Applicable income taxes
  • $6,059Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,059Net income attributable to bank
  • $0Net charge-offs
  • $6,059Cash dividends
  • -$978Sale, conversion, retirement of capital stock, net
  • $3,330Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.78%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 2.71%Noninterest expense to earning assets
  • 2.28%Net operating income to assets
  • 2.49%Return on assets (ROA)
  • 2.49%Pretax return on assets
  • 22.30%Return on equity (ROE)
  • 10.04%Retained earnings to average equity (YTD only)
  • -0.60%Net charge-offs to loans
  • 94.38%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 57,238Assets per employee
  • 4.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.96%Loss allowance to loans
  • 2.10%Loss allowance to noncurrent loans
  • 226.85%Noncurrent assets plus other real estate owned to assets
  • 0.89%Noncurrent loans to loans
  • 0.92%Net loans and leases to deposits
  • 77.99%Net loans and leases to core deposits
  • 86.04%Equity capital to assets
  • 11.60%Core capital (leverage) ratio
  • 10.34%Tier 1 risk-based capital ratio
  • 14.98%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $243,330Average earning assets
  • $27,168Average equity
  • $228,123Average loans

List of branches

  • 6 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01930The First National Bank Of Las Anima535 Bent Avenue, Las Animas, CO 81054January 01, 1901Full Service Brick and Mortar
    2196035La Junta Branch402 Colorado Avenue, La Junta, CO 81050January 04, 1993Full Service Brick and Mortar
    3363775Monument Branch581 Highway 105, Monument, CO 80132March 25, 2002Full Service Brick and Mortar
    41919Fowler Branch117 Main Street, Fowler, CO 81039March 05, 1905Full Service Brick and Mortar
    5196044Rocky Ford Branch300 North Main Street, Rocky Ford, CO 81067August 01, 1991Full Service Brick and Mortar
    6527924The First National Bank Of Ordway Br300 Main Street, Ordway, CO 81063January 13, 2012Full Service Brick and Mortar

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