Vista Bank in Colorado Springs, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 17, 2004

  • Vista Bank in Colorado Springs, Colorado (CO)
  • Show street view No street view available for this location

Vista Bank - Overview

  • General
  • FDIC Certificate #: 34891
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Adams Bank & Trust (#18489)
    Federal Reserve ID: 2682709
    Date Established: November 02, 1998
    WWW: http://www.vistabank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 61954
    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: November 02, 1998
    Last Structure Change Effective Date: April 17, 2004
    Last Structure Change Process Date: April 20, 2004
    Last Data Update: April 20, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 1310 Garden Of The Gods Road, Colorado Springs, CO 80907
    County: El Paso
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Colorado Springs, CO (#1720)
    Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820)
    CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
  • Financial Summary
  • Total assets: $52.1 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, 2003)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $50,175Total assets
  • $1,294Cash and due from depository institutions
  • $951Interest-bearing balances
  • $10,000Securities
  • $1,700Federal funds sold & reverse repurchase agreements
  • $29,271Net loans & leases
  • $761Loan loss allowance
  • $0Trading account assets
  • $3,106Bank premises and fixed assets
  • $196Other real estate owned
  • $2,484Goodwill and other intangibles
  • $0Life insurance assets
  • $2,124All other assets
  • $50,175Total liabilities and capital
  • $41,866Total liabilities
  • $34,936Total deposits
  • $21,654Interest-bearing deposits
  • $34,936Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,800Other borrowed funds
  • $0Subordinated debt
  • $130All other liabilities
  • $8,309Total equity capital
  • $8,309Total bank equity capital
  • $8,309Perpetual preferred stock
  • $0Common stock
  • $6Surplus
  • $8,689Undivided profits
  • Memoranda
  • $-386Noncurrent loans and leases
  • $3,725Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $485Earning assets
  • $0Long-term assets (5+ years)
  • $345Average Assets, year-to-date
  • $41,922Average Assets, quarterly
  • $12,666Volatile liabilities
  • $51,191Insider loans
  • $50,859FHLB advances
  • $5,152Loans and leases held for sale
  • $0Unused loan commitments
  • $6,800Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,725Total unused commitments
  • $0Restructured Loans and leases
  • $451Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $2,824Total interest income
  • $899Total interest expense
  • $1,925Net interest income
  • $190Provision for loan and lease losses
  • $137Total noninterest income
  • $0Fiduciary activities
  • $95Service charges on deposit accounts
  • $0Trading account gains & fees
  • $42Additional noninterest income
  • $2,412Total noninterest expense
  • $1,024Salaries and employee benefits
  • $547Premises and equipment expense
  • $841Additional noninterest expense
  • -$540Pre-tax net operating income
  • -$20Securities gains (losses)
  • -$237Applicable income taxes
  • -$323Income before extraordinary items
  • $0Extraordinary gains - net
  • -$323Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $298Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.62%Yield on earning assets
  • 2.11%Cost of funding earning assets
  • 4.51%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 5.65%Noninterest expense to earning assets
  • -0.61%Net operating income to assets
  • -0.63%Return on assets (ROA)
  • -1.09%Pretax return on assets
  • -3.84%Return on equity (ROE)
  • -3.84%Retained earnings to average equity (YTD only)
  • 0.92%Net charge-offs to loans
  • 63.76%Credit loss provision to net charge-offs
  • -1.17%Efficiency ratio
  • 115,616Assets per employee
  • 2.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.53%Loss allowance to noncurrent loans
  • 156.91%Noncurrent assets plus other real estate owned to assets
  • 1.36%Noncurrent loans to loans
  • 1.61%Net loans and leases to deposits
  • 83.78%Net loans and leases to core deposits
  • 98.28%Equity capital to assets
  • 16.56%Core capital (leverage) ratio
  • 11.93%Tier 1 risk-based capital ratio
  • 16.29%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $51,191Average earning assets
  • $8,406Average equity
  • $42,663Average 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
  • $202Managed Assets
  • 1Number of Accounts
  • $202Personal trust and agency accounts
  • $202Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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