Kit Carson State Bank
Kit Carson, CO — Domestic Branch of a Domestic Bank
Acquired Dec 2012
Vitals
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Total Assets81.8M 19.9 %
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Total Deposits73.6M 22.3 %
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Total Net Loans37.4M -3.6 %
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Net Income522000.0000 -12.9 %
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Book Value8.0M 4.7 %
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Book Value x216.0M 4.7 %
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Book Value x324.0M 4.7 %
Balance Sheet Highlights
| Financial Highlights | Kit Carson State Bank | All Insured Commercial Banks in Colorado |
| Balance Sheet $(000) | ||
| Total Assets | 81,844 | 261,864 |
| Total Net Loans | 37,399 | 138,565 |
| Total Deposits | 73,570 | 221,572 |
| Total Equity | 8,004 | 27,916 |
| Profitability | ||
| Net Income | 522 | 1,371 |
| Return on Average Assets | .915 | .665 |
| Return on Average Equity | 8.953 | 6.296 |
| Net Interest Margin | 4.224 | 3.903 |
| Efficiency Ratio | 72.263 | 77.956 |
| Noninterest Income/Revenue | 8.436 | 18.199 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 50.835 | 62.979 |
| Securities/Assets | .22 | .24 |
| Total Equity/Total Assets | .098 | .107 |
| Tangible Equity/Tangible Assets | .098 | .103 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 7,815 | 24,446 |
| Tier 2 Capital | 519 | 1,975 |
| Total Capital | 8,334 | 26,416 |
| Total Risk Weighted Assets | 41,470 | 166,402 |
| Leverage Ratio | 9.91 | 9.989 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 18.84 | 16.741 |
| Total Capital Ratio | 20.1 | 17.956 |
Timeline for Kit Carson State Bank
The Eastern Colorado Bank
Kit Carson State Bank was acquired by The Eastern Colorado Bank 11 years
View Profile Dec 01 2012
Kit Carson Insurance Agency, Inc.
Kit Carson Insurance Agency, Inc. became a new parent organization for Kit Carson State Bank.
View Profile Dec 31 1970
Kit Carson State Bank
Kit Carson State Bank was established 114 years ago and is currently headquartered in Kit Carson, CO.
Nov 19 1909| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| The Eastern Colorado Bank | Buyer | 370,598 | Acquisition | Discontinued | 12/1/2012 |
| Relationships | Role | Relationship Start | Relationship End |
| Kit Carson Insurance Agency, Inc. | Parent | 12/31/1970 | 11/30/2012 |
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