Loveland Bank Of Commerce
Loveland, CO — Domestic Branch of a Domestic Bank
Acquired Feb 2011
Vitals
-
Total Assets42.9M 7.2 %
-
Total Deposits36.2M 10.7 %
-
Total Net Loans37.5M 13.5 %
-
Net Income385000.0000
-
Book Value6.6M 6.2 %
-
Book Value x213.3M 6.2 %
-
Book Value x319.9M 6.2 %
Balance Sheet Highlights
Financial Highlights | Loveland Bank Of Commerce | All Insured Commercial Banks in Colorado |
Balance Sheet $(000) | ||
Total Assets | 42,899 | 269,474 |
Total Net Loans | 37,481 | 153,842 |
Total Deposits | 36,184 | 233,077 |
Total Equity | 6,629 | 23,265 |
Profitability | ||
Net Income | 385 | -437 |
Return on Average Assets | .951 | .017 |
Return on Average Equity | 6.023 | -.737 |
Net Interest Margin | 3.888 | 3.909 |
Efficiency Ratio | 68.343 | 80.821 |
Noninterest Income/Revenue | 6.116 | 14.077 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 103.585 | 68.987 |
Securities/Assets | .183 | |
Total Equity/Total Assets | .155 | .086 |
Tangible Equity/Tangible Assets | .155 | .084 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 6,629 | 20,920 |
Tier 2 Capital | 471 | 2,141 |
Total Capital | 7,100 | 23,112 |
Total Risk Weighted Assets | 37,580 | 178,374 |
Leverage Ratio | 16.32 | 9.191 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 17.64 | 14.582 |
Total Capital Ratio | 18.89 | 15.879 |
Timeline for Loveland Bank Of Commerce
Verus Bank Of Commerce
Loveland 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 Loveland Bank Of Commerce.
View Profile Oct 29 2010Loveland Bank Of Commerce
Loveland Bank Of Commerce was established 16 years ago and is currently headquartered in Loveland, CO.
Oct 05 2007Capitol Bancorp Colorado Ltd. Ii
Capitol Bancorp Colorado Ltd. Ii became a new parent organization for Loveland Bank Of Commerce.
View Profile Oct 05 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 | 10/5/2007 | 10/28/2010 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Lamont Bank Of St. John
|
Saint John | WA | 42.8M |
Adrian State Bank
|
Adrian | MN | 43.0M |
Bank Of Palmer
|
Palmer | KS | 42.8M |
The Nekoma State Bank
|
La Crosse | KS | 43.2M |
State Bank Of Chandler
|
Chandler | MN | 43.2M |
The First Bank Of Celeste
|
Celeste | TX | 43.5M |
Montrose Savings Bank
|
Montrose | MO | 43.8M |
The Monitor Bank
|
Big Prairie | OH | 41.9M |
Cedar Rapids State Bank
|
Cedar Rapids | NE | 41.7M |
The Waterford Commercial And Savings Bank
|
Waterford | OH | 43.1M |