Firstbank Of Summit County
Silverthorne, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Vitals
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Total Assets315.4M -14.7 %
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Total Deposits282.9M 3.6 %
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Total Net Loans245.8M -10.8 %
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Net Income4.3M -17.0 %
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Book Value31.4M 4.9 %
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Book Value x262.8M 4.9 %
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Book Value x394.2M 4.9 %
Balance Sheet Highlights
Financial Highlights | Firstbank Of Summit County | All Insured Commercial Banks in Colorado |
Balance Sheet $(000) | ||
Total Assets | 315,373 | 279,403 |
Total Net Loans | 245,779 | 146,962 |
Total Deposits | 282,945 | 243,392 |
Total Equity | 31,398 | 24,732 |
Profitability | ||
Net Income | 4,294 | 951 |
Return on Average Assets | 1.745 | .445 |
Return on Average Equity | 18.381 | 4.735 |
Net Interest Margin | 5.126 | 4.088 |
Efficiency Ratio | 44.65 | 71.624 |
Noninterest Income/Revenue | 12.943 | 14.406 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 86.865 | 66.067 |
Securities/Assets | .154 | .251 |
Total Equity/Total Assets | .1 | .089 |
Tangible Equity/Tangible Assets | .1 | .087 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 31,266 | 22,243 |
Tier 2 Capital | 2,401 | 2,136 |
Total Capital | 33,667 | 24,448 |
Total Risk Weighted Assets | 190,071 | 171,418 |
Leverage Ratio | 9.75 | 8.968 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 16.45 | 14.709 |
Total Capital Ratio | 17.71 | 16.017 |
Timeline for Firstbank Of Summit County
Firstbank Of Breckenridge
Acquisition: Firstbank Of Summit County acquired a new subsidiary, Firstbank Of Breckenridge, 16 years
View Profile Mar 15 2008Firstbank Of Summit County
Firstbank Of Summit County was established 40 years ago and is currently headquartered in Silverthorne, CO.
Sep 28 1983Firstbank Holding Company
Firstbank Holding Company became a new parent organization for Firstbank Of Summit County.
View Profile Sep 28 1983Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Firstbank | Buyer | 16,614,242 | Pooling of Interests | Discontinued | 10/16/2010 |
Firstbank Of Breckenridge | Seller | 157,267 | Pooling of Interests | Discontinued | 3/15/2008 |
Relationships | Role | Relationship Start | Relationship End |
Firstbank Holding Company | Parent | 1/9/1986 | 10/15/2010 |
Firstbank Holding Company | Parent | 9/28/1983 | 1/8/1986 |
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