Larimer Bank Of Commerce
Fort Collins, CO — Domestic Branch of a Domestic Bank
Acquired Feb 2011
Vitals
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Total Assets97.2M 8.2 %
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Total Deposits85.4M 22.3 %
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Total Net Loans85.4M 9.8 %
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Net Income858000.0000 1,432.1 %
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Book Value8.8M 10.8 %
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Book Value x217.6M 10.8 %
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Book Value x326.4M 10.8 %
Balance Sheet Highlights
Financial Highlights | Larimer Bank Of Commerce | All Insured Commercial Banks in Colorado |
Balance Sheet $(000) | ||
Total Assets | 97,181 | 269,474 |
Total Net Loans | 85,402 | 153,842 |
Total Deposits | 85,412 | 233,077 |
Total Equity | 8,793 | 23,265 |
Profitability | ||
Net Income | 858 | -437 |
Return on Average Assets | .906 | .017 |
Return on Average Equity | 10.326 | -.737 |
Net Interest Margin | 3.843 | 3.909 |
Efficiency Ratio | 44.099 | 80.821 |
Noninterest Income/Revenue | 1.798 | 14.077 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 99.988 | 68.987 |
Securities/Assets | .183 | |
Total Equity/Total Assets | .09 | .086 |
Tangible Equity/Tangible Assets | .09 | .084 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 8,793 | 20,920 |
Tier 2 Capital | 1,024 | 2,141 |
Total Capital | 9,817 | 23,112 |
Total Risk Weighted Assets | 81,486 | 178,374 |
Leverage Ratio | 8.87 | 9.191 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.79 | 14.582 |
Total Capital Ratio | 12.05 | 15.879 |
Timeline for Larimer Bank Of Commerce
Verus Bank Of Commerce
Larimer Bank Of Commerce was acquired by Verus Bank Of Commerce 13 years
View Profile Feb 12 2011Verus Acquisition Group, Inc.
Verus Acquisition Group, Inc. became a new parent organization for Larimer Bank Of Commerce.
View Profile Oct 29 2010Larimer Bank Of Commerce
Larimer Bank Of Commerce was established 17 years ago and is currently headquartered in Fort Collins, CO.
May 04 2007Capitol Bancorp Colorado Ltd. Ii
Capitol Bancorp Colorado Ltd. Ii became a new parent organization for Larimer Bank Of Commerce.
View Profile May 04 2007Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Verus Bank Of Commerce | Buyer | 252,269 | Pooling of Interests | Discontinued | 2/12/2011 |
Relationships | Role | Relationship Start | Relationship End |
Verus Acquisition Group, Inc. | Parent | 10/29/2010 | 2/11/2011 |
Capitol Bancorp Colorado Ltd. Ii | Parent | 5/4/2007 | 10/28/2010 |
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