Page 1 - Collegiate Peaks Bank

Collegiate Peaks Bank

Glacier is purchasing Collegiate Peaks Bank for 73.9 Million, in a cash and stock deal.

st
The Merger is scheduled to happen in the 1 quarter of 2018
Net income for 2016: 5,157

Collegiate Peaks
Collegiate Peaks Bank
Definition Dollar figures in thousands Bank Buena Vista, CO
Buena Vista, CO December 31,
December 31, 2016 2015
Assets and Liabilities
1 Total employees (full-time equivalent) 74 71
2 Total assets 494,600 444,817
112,304 127,073
3 Cash and due from depository institutions
Interest-bearing balances 103,882 123,304
4
51,452 42,165
5 Securities
Federal funds sold & reverse repurchase agreements 0 0
6
310,956 257,563
7 Net loans & leases
Loan loss allowance 3,929 3,239
8
Trading account assets 0 0
9
Bank premises and fixed assets 9,285 7,912
10
0 0
11 Other real estate owned
6,782 6,821
12 Goodwill and other intangibles
All other assets 3,821 3,283
13
14 Total liabilities and capital 494,600 444,817
Total liabilities 442,754 401,051
15
426,800 386,147
16 Total deposits
Interest-bearing deposits 250,017 284,339
17
Deposits held in domestic offices 426,800 386,147
18
% insured 60.95% 61.62%
19
Federal funds purchased & repurchase agreements 15,063 14,235
20
Trading liabilities 0 0
21
Other borrowed funds 0 0
22
Subordinated debt 0 0
23
All other liabilities 891 669
24
Total equity capital 51,846 43,766
25
51,846 43,766
26 Total bank equity capital
Perpetual preferred stock 0 0
27
Common stock 500 500
28
Surplus 30,444 27,425
29
Undivided profits 20,902 15,841
30