Vectra Bank Colorado, National Association in Farmington, New Mexico (NM), CO
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Vectra Bank Colorado, National Association in Farmington, New Mexico (NM), CO
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Vectra Bank Colorado, National Association - Overview

  • General
  • FDIC Certificate #: 2993
    Status: Active
    Federal Reserve ID: 933957
    Bank Holding Company (Regulatory Top Holder): Zions Bancorporation (RSSDID: 1027004, Location: Salt Lake City, UT)
    Date Established: September 06, 1905
    WWW: http://www.vectrabank.com
    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: 40 (Domestic: 39, Foreign: 1, Interstate: Yes)
    OTS Docket #: 10478
    FDIC's unique #: 1893
    Numeric code: 3
    Regulator: OCC
    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: Yes
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2000 East 20th Street, Farmington, NM 87401
    County: San Juan
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Farmington, NM (#22140)
    CBSA Metro Statistical Area: Farmington, NM (#22140)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $2,356.9 mil
    Equity capital: $270.2 mil
    Deposits held in domestic offices: $2,003.6 mil
    Return on assets (ROA): -0.44% (-$10.4 mil)
    Quarterly return on assets: -3.24% (-$76.4 mil)
    Return on Equity (ROE): -3.72% (-$10.0 mil)
    Quarterly return on equity: -27.65% (-$74.7 mil)
    Net income: -$10.1 mil
    Quarterly Net income: -$18.7 mil
    Pretax return on assets: -0.81% (-$19,090.6 mil)
    Quarterly Pretax return on assets: -5.34% (-$125,856.4 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
  • 531Total employees (full-time equivalent)
  • $2,356,862Total assets
  • $105,604Cash and due from depository institutions
  • $54,736Interest-bearing balances
  • $226,613Securities
  • $1,367Federal funds sold & reverse repurchase agreements
  • $1,899,929Net loans & leases
  • $51,146Loan loss allowance
  • $4,811Trading account assets
  • $42,396Bank premises and fixed assets
  • $8,821Other real estate owned
  • $0Goodwill and other intangibles
  • $2,356,862Life insurance assets
  • $67,321All other assets
  • $2,086,704Total liabilities and capital
  • $2,003,618Total liabilities
  • $1,289,759Total deposits
  • $2,003,618Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 57406.00%% insured (estimated)
  • $5,499Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $20,181Subordinated debt
  • $270,158All other liabilities
  • $270,158Total equity capital
  • $270,158Total bank equity capital
  • $70,000Perpetual preferred stock
  • $5,185Common stock
  • $360,156Surplus
  • $-165,183Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $36,763Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $61,900Income earned, not collected on loans
  • $1,207Earning assets
  • $8,370Long-term assets (5+ years)
  • $2,182,645Average Assets, year-to-date
  • $158,250Average Assets, quarterly
  • $2,285,079Volatile liabilities
  • $2,309,213Insider loans
  • $2,051,262FHLB advances
  • $2,332,896Loans and leases held for sale
  • $1,099Unused loan commitments
  • $1,099Tier 1 (core) risk-based capital
  • $256,870Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $636,400Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $110,257Total interest income
  • $5,486Total interest expense
  • $104,771Net interest income
  • $14,016Provision for loan and lease losses
  • $14,776Total noninterest income
  • $0Fiduciary activities
  • $9,110Service charges on deposit accounts
  • $288Trading account gains & fees
  • $5,378Additional noninterest income
  • $94,267Total noninterest expense
  • $43,141Salaries and employee benefits
  • $10,518Premises and equipment expense
  • $40,608Additional noninterest expense
  • $11,264Pre-tax net operating income
  • -$29,677Securities gains (losses)
  • -$8,314Applicable income taxes
  • -$10,099Income before extraordinary items
  • $0Extraordinary gains - net
  • -$10,099Net income attributable to bank
  • $0Net charge-offs
  • -$10,099Cash dividends
  • $32,515Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.22%Yield on earning assets
  • 0.26%Cost of funding earning assets
  • 4.96%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 4.47%Noninterest expense to earning assets
  • 0.39%Net operating income to assets
  • -0.44%Return on assets (ROA)
  • -0.81%Pretax return on assets
  • -3.72%Return on equity (ROE)
  • -3.72%Retained earnings to average equity (YTD only)
  • 1.75%Net charge-offs to loans
  • 43.11%Credit loss provision to net charge-offs
  • 0.78%Efficiency ratio
  • 78,854Assets per employee
  • 4.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.62%Loss allowance to noncurrent loans
  • 82.63%Noncurrent assets plus other real estate owned to assets
  • 3.24%Noncurrent loans to loans
  • 3.17%Net loans and leases to deposits
  • 94.82%Net loans and leases to core deposits
  • 99.93%Equity capital to assets
  • 11.46%Core capital (leverage) ratio
  • 11.01%Tier 1 risk-based capital ratio
  • 12.52%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $2,285,079Average earning assets
  • $271,193Average equity
  • $2,110,741Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $54,753Managed Assets
  • 1Number of Accounts
  • $24,924Personal trust and agency accounts
  • $11,628Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $630Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $12,666Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 94Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $29,829Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    74481407Grand Cayman BranchHarbour Pl, 4th Floor; 103 S Church Street, Grand Cayman, 0March 28, 2008Full Service Brick and Mortar
  • 38 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    7255714City Market Branch508 East Main Street, Cortez, CO 81321March 15, 1996Full Service Retail
    816871Cortez Branch350 West Montezuma Avenue, Cortez, CO 81321May 31, 1973Full Service Brick and Mortar
    1116270Columbine Valley Branch6901 South Pierce St, Littleton, CO 80128October 06, 1980Full Service Brick and Mortar
    1232526Downtown Branch1001 17th St. Ste R-300, Denver, CO 80202March 25, 1985Full Service Brick and Mortar
    1432703Thornton Branch4151 E 136th Avenue, Thornton, CO 80602July 08, 1985Full Service Brick and Mortar
    1516020Englewood Branch5050 Broadway, Englewood, CO 80110July 30, 1979Full Service Brick and Mortar
    1632975Wheat Ridge7391 West 38th Avenue, Wheat Ridge, CO 80033October 07, 1985Full Service Brick and Mortar
    1916799Boulder - Pearl Branch1700 Pearl Street, Boulder, CO 80302October 04, 1982Full Service Brick and Mortar
    20256945Boulder - Broadway Branch2696 Broadway, Boulder, CO 80304January 02, 1992Full Service Brick and Mortar
    2112262Southwest Branch1380 South Federal Boulevard, Denver, CO 80219Febuary 06, 1961Full Service Brick and Mortar
    2335953Landmark Branch5362 Greenwood Plaza Boulevard, Greenwood Village, CO 80111September 24, 1986Full Service Brick and Mortar
    24255093Quebec Square Branch3600 Quebec Street, Denver, CO 80207August 11, 1997Full Service Brick and Mortar
    2617644Colorado Springs Branch111 South Tejon Street, Colorado Springs, CO 80903November 15, 1984Full Service Brick and Mortar
    2717614Steamboat Springs Branch2155 Resort Drive, Steamboat Springs, CO 80487November 01, 1984Full Service Brick and Mortar
    35195936Longmont Branch2011 Ken Pratt Boulevard, Longmont, CO 80501October 02, 1998Full Service Brick and Mortar
    3633014Broomfield Branch1990 Tenth Avenue West, Broomfield, CO 80020October 07, 1985Full Service Brick and Mortar
    3716016Aspen Branch534 East Hyman, Aspen, CO 81611July 23, 1979Full Service Brick and Mortar
    38255571Telluride Branch126 West Colorado Avenue, Suite 108, Telluride, CO 81435October 24, 1992Full Service Brick and Mortar
    39255572El Jebel (Midvalley) Branch218 E Valley Rd Ste 108, Carbondale, CO 81623July 11, 1994Full Service Brick and Mortar
    41255574Snowmass Village Branch16 Kearns Road Ste 109, Snowmass Village, CO 81615October 15, 1997Full Service Brick and Mortar
    42195937Palmer Park Branch5710 Palmer Park Boulevard, Colorado Springs, CO 80915May 29, 1998Full Service Brick and Mortar
    4741609Grand Junction Branch499 28 1/4 Road, Grand Junction, CO 81501January 01, 1904Full Service Brick and Mortar
    48270475Montrose Branch1200 South Townsend, Montrose, CO 81401January 01, 1904Full Service Brick and Mortar
    49265564Durango Branch1101 East Second Avenue, Durango, CO 81301March 13, 1994Full Service Brick and Mortar
    50195938Colorado Boulevard Branch1650 South Colorado Boulevard, Denver, CO 80222December 31, 1998Full Service Brick and Mortar
    5116762Woodland Park Branch361 West Highway 24, Woodland Park, CO 80863August 27, 1982Full Service Brick and Mortar
    5313834Westminster Branch3300 West 72nd Avenue, Westminster, CO 80030Febuary 09, 1970Full Service Brick and Mortar
    55195940Lincoln Branch703 Lincoln, Suite B-106, Steamboat Springs, CO 80487March 01, 1999Full Service Brick and Mortar
    64190126Pueblo South4040 West Northern, Pueblo, CO 81005November 14, 1992Full Service Brick and Mortar
    65190127Pueblo North1250 Highway 50 West, Pueblo, CO 81008April 05, 1993Full Service Brick and Mortar
    6616551Pueblo West154 South Mcculloch Boulevard, Pueblo West, CO 81007January 18, 1982Full Service Brick and Mortar
    67190129Pueblo Downtown Branch200 West 1st Street, Pueblo, CO 81003September 27, 1996Full Service Brick and Mortar
    68442503Grand Junction Main Branch2460 F Road Unit 2, Grand Junction, CO 81505May 16, 2005Full Service Brick and Mortar
    70453111Academy Boulevard Branch7390 North Academy Boulevard, Colorado Springs, CO 80920October 17, 2005Full Service Brick and Mortar
    71467275Glenwood Springs Branch2698 Gilstrap Ct #109, Glenwood Springs, CO 81601July 10, 2006Full Service Brick and Mortar
    72467981Park Centre Branch1955 West 120th Avenue, Westminster, CO 80234July 30, 2007Full Service Brick and Mortar
    73478933Speer Boulevard Branch401 East Speer Boulevard, Denver, CO 80202March 03, 2008Full Service Brick and Mortar
    75517796Lone Tree Branch9990 Commons Street, Lone Tree, CO 80124Febuary 28, 2011Full Service Brick and Mortar
  • 1 New Mexico Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01893Vectra Bank Colorado, National Association2000 East 20th Street, Farmington, NM 87401September 06, 1905Full Service Brick and Mortar

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