Bank Of Choice
Colorado Springs, CO — Domestic Branch of a Domestic Bank
Acquired Sep 2008
Vitals
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Total Assets562.6M 18.5 %
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Total Deposits418.5M 21.1 %
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Total Net Loans417.0M 6.3 %
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Net Income264000.0000 -80.0 %
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Book Value42.5M 6.6 %
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Book Value x285.1M 6.6 %
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Book Value x3127.6M 6.6 %
Balance Sheet Highlights
Financial Highlights | Bank Of Choice | All Insured Commercial Banks in Colorado |
Balance Sheet $(000) | ||
Total Assets | 562,592 | 266,561 |
Total Net Loans | 416,994 | 197,709 |
Total Deposits | 418,501 | 218,981 |
Total Equity | 42,544 | 24,113 |
Profitability | ||
Net Income | 264 | 2,011 |
Return on Average Assets | .095 | 1.287 |
Return on Average Equity | 1.23 | 14.835 |
Net Interest Margin | 2.3 | 4.206 |
Efficiency Ratio | 98.002 | 67.903 |
Noninterest Income/Revenue | 7.169 | 15.964 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 99.64 | 79.111 |
Securities/Assets | .096 | .51 |
Total Equity/Total Assets | .076 | .09 |
Tangible Equity/Tangible Assets | .076 | -.007 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 42,990 | 21,679 |
Tier 2 Capital | 4,431 | 2,499 |
Total Capital | 47,421 | 23,393 |
Total Risk Weighted Assets | 468,113 | 178,524 |
Leverage Ratio | 7.62 | 9.273 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.18 | 13.671 |
Total Capital Ratio | 10.13 | 14.695 |
Timeline for Bank Of Choice
Bank Of Choice Holding Company
Bank Of Choice Holding Company became a new parent organization for Bank Of Choice.
View Profile Mar 02 2004Bank Of Choice
Bank Of Choice was established 26 years ago and is currently headquartered in Colorado Springs, CO.
Oct 20 1997Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bank Of Choice | Buyer | 954,106 | Pooling of Interests | Discontinued | 9/12/2008 |
Relationships | Role | Relationship Start | Relationship End |
Bank Of Choice Holding Company | Parent | 3/2/2004 | 9/11/2008 |
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