Mile High Banks
Longmont, CO — Domestic Branch of a Domestic Bank
Acquired Nov 2013
Vitals
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Total Assets762.7M -5.8 %
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Total Deposits645.8M -17.4 %
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Total Net Loans481.0M -24.8 %
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Net Income5.2M 658.1 %
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Book Value107.7M 331.4 %
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Book Value x2215.3M 331.4 %
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Book Value x3323.0M 331.4 %
Balance Sheet Highlights
Financial Highlights | Mile High Banks | All Insured Commercial Banks in Colorado |
Balance Sheet $(000) | ||
Total Assets | 762,731 | 264,146 |
Total Net Loans | 481,007 | 142,134 |
Total Deposits | 645,750 | 225,535 |
Total Equity | 107,662 | 27,774 |
Profitability | ||
Net Income | 5,246 | 1,640 |
Return on Average Assets | .898 | .731 |
Return on Average Equity | 6.657 | 6.581 |
Net Interest Margin | 4.382 | 3.784 |
Efficiency Ratio | 69.675 | 77.439 |
Noninterest Income/Revenue | 1.13 | 21.509 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 74.488 | 63.399 |
Securities/Assets | .005 | .234 |
Total Equity/Total Assets | .141 | .105 |
Tangible Equity/Tangible Assets | .094 | .101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 71,758 | 25,936 |
Tier 2 Capital | 1,011 | 1,912 |
Total Capital | 72,769 | 27,859 |
Total Risk Weighted Assets | 489,401 | 169,521 |
Leverage Ratio | 9.7 | 10.088 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 14.66 | 16.995 |
Total Capital Ratio | 14.87 | 18.182 |
Timeline for Mile High Banks
The First National Bank Of Santa Fe
Mile High Banks was acquired by The First National Bank Of Santa Fe 10 years
View Profile Nov 01 2013First National Bancorp Incorporated
First National Bancorp Incorporated became a new parent organization for Mile High Banks.
View Profile Oct 31 2013Sgb Community Banks, Incorporated
Sgb Community Banks, Incorporated became a new parent organization for Mile High Banks.
View Profile Dec 31 2012Horizon Real Estate Lending Group, Llc
Horizon Real Estate Lending Group, Llc became a new subsidiary organization for Mile High Banks.
View Profile Aug 22 2001Big Sandy Holding Company
Big Sandy Holding Company became a new parent organization for Mile High Banks.
View Profile Oct 25 1991Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
The First National Bank Of Santa Fe | Buyer | 1,771,883 | Pooling of Interests | Discontinued | 11/1/2013 |
Citizens National Bank | Seller | 11,414 | Failure | 3/30/1991 |
Relationships | Role | Relationship Start | Relationship End |
First National Bancorp Incorporated | Parent | 10/31/2013 | 10/31/2013 |
Sgb Community Banks, Incorporated | Parent | 12/31/2012 | 10/30/2013 |
Big Sandy Holding Company | Parent | 12/31/1992 | 12/30/2012 |
Big Sandy Holding Company | Parent | 10/25/1991 | 12/30/1992 |
Horizon Real Estate Lending Group, Llc | Subsidary | 8/22/2001 | 12/31/2002 |
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