Timberline Bank in Grand Junction, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Timberline Bank - Overview

  • General
  • FDIC Certificate #: 57857
    Status: Active
    Federal Reserve ID: 3271986
    Bank Holding Company (Regulatory Top Holder): Timberline Bancorporation (RSSDID: 3282713, Location: Grand Junction, CO)
    Date Established: October 25, 2004
    WWW: http://www.timberlinebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 428171
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 25, 2004
    Last Structure Change Effective Date: September 10, 2007
    Last Structure Change Process Date: September 10, 2007
    Last Data Update: September 10, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 633 24 Road, Grand Junction, CO 81505
    County: Mesa
    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
    Metropolitan Statistical Area (MSA): Grand Junction, CO (#2995)
    Core Based Statistical Area (CBSA): Grand Junction, CO (#24300)
    CBSA Metro Statistical Area: Grand Junction, CO (#24300)
  • Financial Summary
  • Total assets: $172.7 mil
    Equity capital: $16.9 mil
    Deposits held in domestic offices: $142.5 mil
    Return on assets (ROA): -0.41% (-$0.7 mil)
    Quarterly return on assets: 0.35% ($0.6 mil)
    Return on Equity (ROE): -4.25% (-$0.7 mil)
    Quarterly return on equity: 3.55% ($0.6 mil)
    Net income: -$0.7 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.41% (-$708.0 mil)
    Quarterly Pretax return on assets: 0.35% ($604.4 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
  • 34Total employees (full-time equivalent)
  • $172,673Total assets
  • $4,885Cash and due from depository institutions
  • $2,489Interest-bearing balances
  • $18,470Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $139,996Net loans & leases
  • $3,866Loan loss allowance
  • $0Trading account assets
  • $2,987Bank premises and fixed assets
  • $3,103Other real estate owned
  • $0Goodwill and other intangibles
  • $172,673Life insurance assets
  • $3,232All other assets
  • $155,764Total liabilities and capital
  • $142,524Total liabilities
  • $125,043Total deposits
  • $142,524Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,037Trading liabilities
  • $0Other borrowed funds
  • $203Subordinated debt
  • $16,909All other liabilities
  • $16,909Total equity capital
  • $16,909Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $20,643Surplus
  • $-3,784Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,208Income earned, not collected on loans
  • $0Earning assets
  • $528Long-term assets (5+ years)
  • $160,955Average Assets, year-to-date
  • $37,050Average Assets, quarterly
  • $177,352Volatile liabilities
  • $171,312Insider loans
  • $140,616FHLB advances
  • $170,918Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,717Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,818Restructured Loans and leases
  • $25Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,426Total interest income
  • $1,552Total interest expense
  • $6,874Net interest income
  • $2,382Provision for loan and lease losses
  • $1,118Total noninterest income
  • $0Fiduciary activities
  • $261Service charges on deposit accounts
  • $0Trading account gains & fees
  • $857Additional noninterest income
  • $6,414Total noninterest expense
  • $2,964Salaries and employee benefits
  • $947Premises and equipment expense
  • $2,503Additional noninterest expense
  • -$804Pre-tax net operating income
  • $70Securities gains (losses)
  • $0Applicable income taxes
  • -$734Income before extraordinary items
  • $0Extraordinary gains - net
  • -$734Net income attributable to bank
  • $0Net charge-offs
  • -$734Cash dividends
  • $3,928Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.09%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 4.15%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 3.87%Noninterest expense to earning assets
  • -0.45%Net operating income to assets
  • -0.41%Return on assets (ROA)
  • -0.41%Pretax return on assets
  • -4.25%Return on equity (ROE)
  • -4.25%Retained earnings to average equity (YTD only)
  • 2.56%Net charge-offs to loans
  • 60.64%Credit loss provision to net charge-offs
  • 0.40%Efficiency ratio
  • 80,255Assets per employee
  • 5.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.69%Loss allowance to noncurrent loans
  • 62.27%Noncurrent assets plus other real estate owned to assets
  • 5.39%Noncurrent loans to loans
  • 4.32%Net loans and leases to deposits
  • 98.23%Net loans and leases to core deposits
  • 105.38%Equity capital to assets
  • 9.79%Core capital (leverage) ratio
  • 9.78%Tier 1 risk-based capital ratio
  • 11.89%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $177,352Average earning assets
  • $17,283Average equity
  • $165,596Average loans

List of branches

  • 3 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0428171Timberline Bank633 24 Road, Grand Junction, CO 81505October 25, 2004Full Service Brick and Mortar
    1445989Aspen Branch720 East Hyman Avenue, Aspen, CO 81611October 25, 2005Full Service Brick and Mortar
    2466486Montrose BranchOxbow Drive, Montrose, CO 81401July 17, 2006Full Service Retail

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