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

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.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents