Weststar Bank
Vail, CO — Domestic Branch of a Domestic Bank
Acquired Sep 2006
Vitals
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Total Assets720.8M 10.4 %
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Total Deposits562.0M 7.7 %
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Total Net Loans530.7M 27.0 %
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Net Income4.3M 36.3 %
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Book Value86.7M 5.6 %
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Book Value x2173.4M 5.6 %
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Book Value x3260.1M 5.6 %
Balance Sheet Highlights
Financial Highlights | Weststar Bank | All Insured Commercial Banks in Colorado |
Balance Sheet $(000) | ||
Total Assets | 720,824 | 206,907 |
Total Net Loans | 530,684 | 145,040 |
Total Deposits | 562,014 | 175,776 |
Total Equity | 89,345 | 18,841 |
Profitability | ||
Net Income | 4,320 | 1,943 |
Return on Average Assets | 1.238 | 1.466 |
Return on Average Equity | 10.119 | 15.769 |
Net Interest Margin | 5.949 | 4.712 |
Efficiency Ratio | 66.544 | 62.908 |
Noninterest Income/Revenue | 9.796 | 13.618 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 94.425 | 72.002 |
Securities/Assets | .11 | .529 |
Total Equity/Total Assets | .124 | .091 |
Tangible Equity/Tangible Assets | .072 | -.025 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 55,298 | 17,358 |
Tier 2 Capital | 4,929 | 1,862 |
Total Capital | 60,227 | 18,791 |
Total Risk Weighted Assets | 567,464 | 141,286 |
Leverage Ratio | 8.26 | 9.155 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.74 | 13.702 |
Total Capital Ratio | 10.61 | 14.684 |
Timeline for Weststar Bank
U.S. Bank National Association
Weststar Bank was acquired by U.S. Bank National Association 17 years
View Profile Sep 12 2006Usb Holdings, Inc.
Usb Holdings, Inc. became a new parent organization for Weststar Bank.
View Profile Sep 01 2006First Western Mortgage Services, Inc.
Acquisition: Weststar Bank acquired a new subsidiary, First Western Mortgage Services, Inc. , 19 years
View Profile Aug 01 2004Glenwood/Rose L.P
Glenwood/Rose L.P became a new subsidiary organization for Weststar Bank.
View Profile Jul 18 2004United Valley Bank
Acquisition: Weststar Bank acquired a new subsidiary, United Valley Bank, 23 years
View Profile Jul 15 2000Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
U.S. Bank National Association | Buyer | 448,401,205 | Pooling of Interests | Discontinued | 9/12/2006 |
First Western Mortgage Services, Inc. | Seller | Pooling of Interests | Discontinued | 8/1/2004 | |
United Valley Bank | Seller | 81,422 | Acquisition | Discontinued | 7/15/2000 |
The Bank Of Telluride | Seller | 84,558 | Acquisition | Discontinued | 8/7/1999 |
Western Colorado Bank | Seller | 58,811 | Acquisition | Discontinued | 8/7/1999 |
Glenwood Independent Bank | Seller | 29,534 | Acquisition | Discontinued | 8/1/1998 |
Western Community Bank | Seller | 44,523 | Pooling of Interests | Discontinued | 11/29/1997 |
Snow Bank, National Association | Seller | 31,566 | Pooling of Interests | Discontinued | 6/1/1995 |
Cherry Creek National Bank - 17Th Street | Seller | 24,781 | Discontinued | 1/1/1993 | |
Avon National Bank | Seller | 6,660 | Discontinued | 3/11/1989 |
Relationships | Role | Relationship Start | Relationship End |
Usb Holdings, Inc. | Parent | 9/1/2006 | 9/11/2006 |
Vail Banks, Inc. | Parent | 12/10/1993 | 8/31/2006 |
Barnett Bank Of Southwest Florida | Parent | 3/22/1988 | 3/10/1989 |
Avon 56 Limited | Subsidary | 12/1/1997 | 9/11/2006 |
Glenwood/Rose L.P | Subsidary | 7/18/2004 | 9/11/2006 |
First Western Mortgage Services, Inc. | Subsidary | 1/1/2000 | 7/31/2004 |
Avon 56 Limited | Subsidary | 9/19/1994 | 11/30/1997 |
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