Annual Report of the State Bank Commissioner of the State of Colorado

264 Pages·1991·9.7 MB·English

by  State Bank Commissioner of Colorado

COLORADO STATE PUBLICATIONS LIBRARY
3 1799 00126 0678
EIGHTY-SECOND
ANNUAL REPORT
OF THE
STATE BANK COMMISSIONER
OF THE
STATE OF COLORADO
To His Excellency
ROY ROMER
The Governor of the State
of
Colorado
For the period from January 1, 1991
to December 31 1991
,

TABLE OF CONTENTS
Latter to Governor Romer 1
Colorado State Banking Board 11
Divislofc of Banking Personnel ill
COMMERCIAL BANKS
Loan Reporting Information 1
....
Oe Novo Bank Charters Approved and Bank Conversions 2
De Novo Branches 3
Branches (through conversion) 4
Branches (through acquisition) 5
Closures 6
Commercial Bank Emergency Rules
.
Commercial Bank Rules 9
Abstract 45
Statements of Condition 46
INDUSTRIAL BANKS
Industrial Bank Closures 204
Industrial Bank Branches (through conversion) 205
Industrial Bank Emergency Rules 206
Industrial Bank Rules 208
Abstract 243
Statements of Condition 244
TRUST COMPANIES
Trust Company Rules 256
Abstract 284
Statements of Condition 285
PUBLIC DEPOSIT PROTECTION ACT
PDPA Rules 293
Index 295
STATE OF COLORADO
DepartmentofRegulatoryAgencies
StevenV Berson
ExecutiveDirector
DIVISION OFBANKINC
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^
JamesT Dillon
ChiefDeputyBankCommissioner
December 31, 1991
The Honorable Roy Romer
Governor, State of Colorado
State Capitol, Room 103
Denver, Colorado 80203
Dear Governor Romer:
I am honored to submit this Annual Report of Condition for all state
chartered commercial banks, industrial banks, and state chartered trust
companies, as required by the provisions of Colorado Revised Statutes,
Sections 11-2-110, 11-22-109.6, and ll-2'3-118, respectively.
The 161 state chartered commercial banka reported total deposits of
$5,157,192,000 and total assets of $5,738,849,000, as of December 31, 1991.
Assets increased by 6.4 percent over those reported in 1990. At the end of
1990, there were 168 state chartered commercial banks with total assets of
$5,393,453,000 and total deposits of $4,832,893,000.
The 12 state chartered industrial banks reported total deposits of
$249,325,000 and total assets of $323,613,000 as of December 31, 1991.
Assets decreased 8 percent since 1990, at which time the 23 state chartered
industrial banks reported total assets of $351,725,000. At year end 1990,
the industrial bank's deposits totaled $223,387,000.
Colorado has 8 state chartered trust companies which reported total assets
of $646,432,000 and total deposits of $578,950,000 as of December 31, 1991.
Assets increased 25.2 percent since 1990, at which time the 5 state
chartered trust companies reported total assets of $516,456,000. Prior to
1990, Colorado law did not authorize state chartered trust companies to
accept deposits.
Also included in this report are all rules and regulations adopted by the
Colorado State Banking Board during 1991, and the dollar amount and
geographic distribution of Colorado loans outstanding by state chartered
commercial banks conducting business in Colorado. The outstanding loans are
reported in accordance with Colorado Revised Statutes, Section 11-7-112.
Sincerely,
P
Barbra M.A. Walker
State Bank Commissioner
1560Broadway,Suile 1175, Denver,COB0202
[phone] PDPA(303)894-7572 FAX[phone]
COLORADO STATE BANKING BOARD
J. Robert Young
Chairman
Penfield W. Tate, III
Term Expires July 1, 1995
William A. Mitchell
Term Expires July 1, 1995
Salvador Gomez
Term Expires July 1, 1995
R. Kent Landmark
Term Expires July 1, 1993
Jerald Starks
Term Expires July 1, 1993
Sandra J. Herzog
Term Expires July 1, 1993
Mary L Mohr
Term Expires July 1, 1993
Legal Counsel
Richard H. Forman
Sherri Vincent
Assistant Attorneys General
u
DIVISION OF BANKING
Barbara M.A. Walker
State Bank Commissioner
James T. Dillon
Chief Deputy Bank Commissioner
J.D. Chatman Kenneth R. Ehrich
Louise Fish Lee B. Woodbury
Supervising Examiners
E. Earl Penwell
Problem Bank Supervision
Sr. Financial Institutions Examiner
Sue C. Johnston
StaffAssistant to Board and Commissioner
Robert Kissel
Leonard A. Reish
EDP Auditor II
Morris Augusta Kenneth Malskeit
Walter Epting Michael R. Mitchell
Robert Flinton John Wood
Sr. Financial Institutions Examiners
Milad G. Fam Thomas E. Rockwell
Daniel A. Gloekler Raymond Schom
Victor A. Hangar Robert L Smith
R. Charles Krieger Richard W. Thomason
Ronald R. Roberts G. John Uebelhoer
Financial Institutions Examiners
ADMINISTRATIVE SECTION
Barbara J. Einspahr
Clerical Supervisor III
Jan Bostwick Laudis Costa
Word Processor B Word Processor B
Gloria Montez Jack Rhoads
Word Processor B Accounting Technician II
Peter Walker
Administrative Clerk
PDPA-COMPLIANCE-TRUST
Cynthia Chamberlin
Unit Chief
Randy Garroutte Virginia Greenwalt-Belmain
Trust Trust
Margaret Chalmers David C. Webb
PDPA Compliance
Linda Hunter Vivian Mooren
Sr. Administrative Clerk Administrative Clerk
iii

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