FDIC Certificate #: 9220 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank (#14420) Federal Reserve ID: 282552 Date Established: January 09, 1917 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 5902 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 01, 2000 Last Structure Change Process Date: May 26, 2000 Last Data Update: May 26, 2000 Data Source Date: April 05, 2012
Location
Address: Main Street, Kirk, CO 80824 County: Yuma 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
Financial Summary
Total assets: $21.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
8Total employees (full-time equivalent)
$22,205Total assets
$888Cash and due from depository institutions
$0Interest-bearing balances
$1,911Securities
$2,400Federal funds sold & reverse repurchase agreements
$15,941Net loans & leases
$248Loan loss allowance
$0Trading account assets
$50Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,015All other assets
$22,205Total liabilities and capital
$20,119Total liabilities
$19,862Total deposits
$16,813Interest-bearing deposits
$19,862Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$257All other liabilities
$2,086Total equity capital
$2,086Total bank equity capital
$2,086Perpetual preferred stock
$0Common stock
$150Surplus
$850Undivided profits
Memoranda
$1,086Noncurrent loans and leases
$2,678Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$305Earning assets
$0Long-term assets (5+ years)
$643Average Assets, year-to-date
$20,252Average Assets, quarterly
$2,657Volatile liabilities
$21,226Insider loans
$21,247FHLB advances
$4,808Loans and leases held for sale
$349Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,678Total unused commitments
$0Restructured Loans and leases
$227Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$1,721Total interest income
$877Total interest expense
$844Net interest income
$131Provision for loan and lease losses
$94Total noninterest income
$0Fiduciary activities
$29Service charges on deposit accounts
$0Trading account gains & fees
$65Additional noninterest income
$474Total noninterest expense
$257Salaries and employee benefits
$57Premises and equipment expense
$160Additional noninterest expense
$333Pre-tax net operating income
$138Securities gains (losses)
$106Applicable income taxes
$365Income before extraordinary items
$0Extraordinary gains - net
$365Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$111Sale, conversion, retirement of capital stock, net
$120Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.92%Yield on earning assets
4.54%Cost of funding earning assets
4.37%Net interest margin
0.49%Noninterest income to earning assets
2.46%Noninterest expense to earning assets
1.22%Net operating income to assets
1.72%Return on assets (ROA)
2.22%Pretax return on assets
18.60%Return on equity (ROE)
12.48%Retained earnings to average equity (YTD only)
0.70%Net charge-offs to loans
118.02%Credit loss provision to net charge-offs
4.18%Efficiency ratio
50,533Assets per employee
2.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
32.88%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
81.31%Noncurrent assets plus other real estate owned to assets
1.37%Noncurrent loans to loans
1.88%Net loans and leases to deposits
80.26%Net loans and leases to core deposits
105.89%Equity capital to assets
9.39%Core capital (leverage) ratio
9.42%Tier 1 risk-based capital ratio
11.57%Total risk-based capital ratio
Memoranda
$13Average assets
$21,226Average earning assets
$1,963Average equity
$19,300Average loans
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