Firstbank Of Longmont
Longmont, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Vitals
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Total Assets412.0M 4.8 %
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Total Deposits374.1M 4.1 %
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Total Net Loans147.8M 8.9 %
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Net Income6.1M 31.0 %
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Book Value34.1M 14.0 %
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Book Value x268.3M 14.0 %
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Book Value x3102.4M 14.0 %
Balance Sheet Highlights
Financial Highlights | Firstbank Of Longmont | All Insured Commercial Banks in Colorado |
Balance Sheet $(000) | ||
Total Assets | 412,005 | 279,403 |
Total Net Loans | 147,780 | 146,962 |
Total Deposits | 374,121 | 243,392 |
Total Equity | 34,135 | 24,732 |
Profitability | ||
Net Income | 6,125 | 951 |
Return on Average Assets | 2.025 | .445 |
Return on Average Equity | 25.495 | 4.735 |
Net Interest Margin | 4.882 | 4.088 |
Efficiency Ratio | 41.901 | 71.624 |
Noninterest Income/Revenue | 15.539 | 14.406 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 39.501 | 66.067 |
Securities/Assets | .586 | .251 |
Total Equity/Total Assets | .083 | .089 |
Tangible Equity/Tangible Assets | .083 | .087 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 30,420 | 22,243 |
Tier 2 Capital | 1,991 | 2,136 |
Total Capital | 32,411 | 24,448 |
Total Risk Weighted Assets | 193,406 | 171,418 |
Leverage Ratio | 7.39 | 8.968 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 15.73 | 14.709 |
Total Capital Ratio | 16.76 | 16.017 |
Timeline for Firstbank Of Longmont
1031 Corporation
1031 Corporation became a new subsidiary organization for Firstbank Of Longmont.
View Profile Jun 01 2006Firstbank Of Longmont, National Association
Acquisition: Firstbank Of Longmont acquired a new subsidiary, Firstbank Of Longmont, National Association, 30 years
View Profile Aug 23 1993Firstbank Holding Company
Firstbank Holding Company became a new parent organization for Firstbank Of Longmont.
View Profile Jun 09 1972Firstbank Of Longmont
Firstbank Of Longmont was established 115 years ago and is currently headquartered in Longmont, CO.
Aug 15 1908Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Firstbank | Buyer | 16,614,242 | Pooling of Interests | Discontinued | 10/16/2010 |
Firstbank Of Longmont, National Association | Seller | 99,988 | Discontinued | 8/23/1993 |
Relationships | Role | Relationship Start | Relationship End |
Firstbank Holding Company | Parent | 1/9/1986 | 10/15/2010 |
Firstbank Holding Company | Parent | 12/31/1979 | 1/8/1986 |
Firstbank Holding Company | Parent | 6/9/1972 | 12/30/1979 |
1031 Corporation | Subsidary | 6/30/2007 | 10/15/2010 |
1031 Corporation | Subsidary | 6/1/2006 | 6/29/2007 |
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