Vista Bank in Colorado Springs, Colorado (CO)

Show street view No street view available for this location
Table of contents:
Vista Bank
GeneralFDIC Certificate #: 34891
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Adams Bank & Trust (#18489)
Federal Reserve ID: 2682709
Date Established: November 02, 1998
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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)19
Total assets$50,175
Cash and due from depository institutions$1,294
Interest-bearing balances$951
Federal funds sold & reverse repurchase agreements$1,700
Net loans & leases$29,271
Loan loss allowance $761
Trading account assets$0
Bank premises and fixed assets$3,106
Other real estate owned$196
Goodwill and other intangibles$2,484
All other assets$2,124
Life insurance assets$0
Total liabilities and capital$50,175
Total liabilities$41,866
Total deposits$34,936
Interest-bearing deposits$21,654
Deposits held in domestic offices$34,936
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $6,800
Subordinated debt $0
All other liabilities $130
Total equity capital$8,309
Total bank equity capital$8,309
Perpetual preferred stock$8,309
Common stock$0
Undivided profits $8,689
Noncurrent loans and leases $-386
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $3,725
Income earned, not collected on loans $0
Earning assets $485
Long-term assets (5+ years) $0
Average Assets, year-to-date $345
Average Assets, quarterly $41,922
Volatile liabilities $12,666
Insider loans $51,191
FHLB advances $50,859
Loans and leases held for sale $5,152
Unused loan commitments $0
Tier 1 (core) risk-based capital $6,800
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $3,725
Restructured Loans and leases $0
Back to page top, Back to table top

Income and Expense (December 31, 2003)
(Dollar figures in thousands)
Total interest income $2,824
Total interest expense $899
Net interest income $1,925
Provision for loan and lease losses $190
Total noninterest income $137
Fiduciary activities $0
Service charges on deposit accounts $95
Trading account gains & fees $0
Additional noninterest income $42
Total noninterest expense $2,412
Salaries and employee benefits $1,024
Premises and equipment expense $547
Additional noninterest expense $841
Pre-tax net operating income -$540
Securities gains (losses) -$20
Applicable income taxes -$237
Income before extraordinary items -$323
Extraordinary gains - net $0
Net income attributable to bank -$323
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $298
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2003)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.62%
Cost of funding earning assets 2.11%
Net interest margin 4.51%
Noninterest income to earning assets 0.32%
Noninterest expense to earning assets 5.65%
Net operating income to assets -0.61%
Return on assets (ROA) -0.63%
Pretax return on assets -1.09%
Return on equity (ROE) -3.84%
Retained earnings to average equity (YTD only) -3.84%
Net charge-offs to loans 0.92%
Credit loss provision to net charge-offs 63.76%
Efficiency ratio-1.17%
Assets per employee$115,616
Cash dividends to net income (YTD only)2.64%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.53%
Noncurrent assets plus other real estate owned to assets 156.91%
Noncurrent loans to loans 1.36%
Net loans and leases to deposits1.61%
Net loans and leases to core deposits 83.78%
Equity capital to assets 98.28%
Core capital (leverage) ratio 16.56%
Tier 1 risk-based capital ratio 11.93%
Total risk-based capital ratio 16.29%
Average assets$18
Average earning assets$51,191
Average equity $8,406
Average loans $42,663
Back to page top, Back to table top

Total Fiduciary and Related Assets (December 31, 2002)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$202
Number of Accounts1
Personal trust and agency accounts$202
Employee benefit-defined contribution accounts$202
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts2
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Back to page top, Back to table top

User Contributions:

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Vista Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.