Tri-County Bank in Cheyenne, Wyoming (WY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Tri-County Bank - Overview

  • General
  • FDIC Certificate #: 29608
    Status: Active
    Federal Reserve ID: 395779
    Bank Holding Company (Regulatory Top Holder): Platte Valley Financial Service Companies, Inc. (RSSDID: 2511014, Location: Scottsbluff, NE)
    Date Established: January 01, 1935
    WWW: http://www.tricobank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 3748
    FDIC's unique #: 42442
    Numeric code: 13
    Regulator: FED
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 12, 1936
    Last Structure Change Effective Date: March 31, 2008
    Last Structure Change Process Date: April 16, 2008
    Last Data Update: April 16, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 421 Vandehei Avenue, Cheyenne, WY 82003
    County: Laramie
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Billings
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Cheyenne, WY (#1580)
    Core Based Statistical Area (CBSA): Cheyenne, WY (#16940)
    CBSA Metro Statistical Area: Cheyenne, WY (#16940)
  • History of Changes
  • Name Change
    Change in Primary Regulatory Agency
    Change in Supervisory Agency
  • Financial Summary
  • Total assets: $55.1 mil
    Equity capital: $6.1 mil
    Deposits held in domestic offices: $42.8 mil
    Return on assets (ROA): 0.85% ($0.5 mil)
    Quarterly return on assets: 1.02% ($0.6 mil)
    Return on Equity (ROE): 7.89% ($0.5 mil)
    Quarterly return on equity: 9.33% ($0.6 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.14% ($627.8 mil)
    Quarterly Pretax return on assets: 1.28% ($704.9 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
  • 16Total employees (full-time equivalent)
  • $55,068Total assets
  • $3,308Cash and due from depository institutions
  • $2,230Interest-bearing balances
  • $4,590Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $42,300Net loans & leases
  • $623Loan loss allowance
  • $0Trading account assets
  • $2,963Bank premises and fixed assets
  • $156Other real estate owned
  • $0Goodwill and other intangibles
  • $55,068Life insurance assets
  • $1,751All other assets
  • $48,955Total liabilities and capital
  • $42,825Total liabilities
  • $37,864Total deposits
  • $42,825Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $130Subordinated debt
  • $6,113All other liabilities
  • $6,113Total equity capital
  • $6,113Total bank equity capital
  • $0Perpetual preferred stock
  • $10Common stock
  • $4,795Surplus
  • $1,308Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,173Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $747Income earned, not collected on loans
  • $0Earning assets
  • $215Long-term assets (5+ years)
  • $49,120Average Assets, year-to-date
  • $13,412Average Assets, quarterly
  • $54,470Volatile liabilities
  • $55,117Insider loans
  • $39,239FHLB advances
  • $54,180Loans and leases held for sale
  • $607Unused loan commitments
  • $404Tier 1 (core) risk-based capital
  • $6,088Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $203Total unused commitments
  • $4,840Restructured Loans and leases
  • $1,700Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,826Total interest income
  • $699Total interest expense
  • $2,127Net interest income
  • $150Provision for loan and lease losses
  • $321Total noninterest income
  • $0Fiduciary activities
  • $60Service charges on deposit accounts
  • $0Trading account gains & fees
  • $261Additional noninterest income
  • $1,675Total noninterest expense
  • $882Salaries and employee benefits
  • $250Premises and equipment expense
  • $543Additional noninterest expense
  • $623Pre-tax net operating income
  • $0Securities gains (losses)
  • $159Applicable income taxes
  • $464Income before extraordinary items
  • $0Extraordinary gains - net
  • $464Net income attributable to bank
  • $0Net charge-offs
  • $464Cash dividends
  • $33Sale, conversion, retirement of capital stock, net
  • $125Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.82%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 4.38%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 3.45%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 7.89%Return on equity (ROE)
  • 5.76%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 454.55%Credit loss provision to net charge-offs
  • 23.42%Efficiency ratio
  • 68,423Assets per employee
  • 3.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 26.94%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 83.40%Noncurrent assets plus other real estate owned to assets
  • 1.64%Noncurrent loans to loans
  • 1.74%Net loans and leases to deposits
  • 98.77%Net loans and leases to core deposits
  • 105.04%Equity capital to assets
  • 11.10%Core capital (leverage) ratio
  • 11.24%Tier 1 risk-based capital ratio
  • 15.52%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $54,470Average earning assets
  • $5,881Average equity
  • $48,575Average loans

List of branches

  • 2 Wyoming Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042442Tri-County Bank421 Vandehei Avenue, Cheyenne, WY 82003January 01, 1935Full Service Brick and Mortar
    2469289North College Drive Branch3310 North College Drive, Cheyenne, WY 82001September 25, 2007Full Service Brick and Mortar

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