Friday, January 30, 2009

Fun times in Greeley!

Federal regulators have ordered New Frontier Bank to “cease and desist” unsound banking operations — and possibly violations of the law — that have led to the bank operating at too great of a risk.However, the bank already has found an investment group to help improve the bank’s liquidity and address regulator concerns, bank officials said today.
New Frontier has been under FDIC scrutiny since October, shortly after third-quarter financial filings showed the bank’s "real estate owned," or property that came back to the bank through foreclosure, and past due loans were more than 100 percent of its capital. Typically, banks that exceed 50 percent of their capital are considered “troubled.”
New Frontier announced in a press release today that it is in “advanced discussions” with a group of Boulder County investors to raise $30 million in new capital for the bank. That group, Colorado Financial Holdings, LLC, of Boulder, has already filed with the FDIC to become a bank holding company through the acquisition of 100 percent of the voting shares of New Frontier Bancorp, parent of New Frontier Bank, according to FDIC documents.
The cease-and-desist order, which was effective Dec. 2, but not reported publicly until today, states that the bank was involved in “unsafe or unsound banking practices and violations of law and regulations.” The order requires the bank to provide plans to deal with several problems, including requiring regular oversight of operations and the removal of the positions of president Larry Seastrom and chief lending officer Greg Bell.
New Frontier and the FDIC agreed to the cease-and-desist under an agreement that states bank officials will not admit or deny the charges.One of New Frontier’s biggest problems was the amount of loans past due, resulting in foreclosed assets sitting on their books. As of Sept. 30, 2008, banking reports, the most recent available, the bank reported it had $180 million in past-due loans and other real estate owned, compared to about $70 million the year before.New Frontier most recently took a hit on confidence when Johnson Dairy announced it was filing for Chapter 11 bankruptcy. The dairy, which has loans through New Frontier Bank, notes that it had debts between $50 and $100 million.The bank also owns a large golf course on the Western Slope that’s been sitting on the books for some time.Check back for more updates today at For complete coverage, see Saturday’s Tribune.

Thursday, January 22, 2009


Well, it finally happened tonight. I dropped my phone one too many times. Now it is in two pieces. Nice. It actually feels a bit relieving and maybe that is why I didn't see the need to rush out to get a new one tonight. Although, I probably should have one when I drive up to the mountains this weekend, but then again that wouldn't be so bad. No, I shall wait until I return. It will be kinda nice to be unreachable. This is just what I needed. Seriously. Awesome! I'm so glad this happened. It is going to be a great weekend!!!

Tuesday, January 20, 2009

One of my favorite songs at the moment...

Collide by Howie Day

The dawn is breaking
A light shining through
You're barely waking
And I'm tangled up in you

When I'm open, you're closed
Where I follow, you'll go
I worry I won't see your face
Light up again

Even the best fall down sometimes
Even the wrong words seem to rhyme
Out of the doubt that fills my mind
I somehow find
You and I collide

I'm quiet you know
You make a first impression
I've found I'm scared to know I'm always on your mind

Even the best fall down sometimes
Even the stars refuse to shine
Out of the back you fall in time
I somehow find
You and I collide
Don't stop here I've lost my place I'm close behind

Even the best fall down sometimes
Even the wrong words seem to ryhme
Out of the doubt that fills your mind
You finally find
You and I collide

You finally find
You and I collide
You finally find
You and I collide

Thursday, January 15, 2009

This made me cry...

Check out this story. I found it on Letters From Kamp Krusty, which happens to be one of my favorite blogs. Today Brant made me cry, but normally he makes me laugh.

Wednesday, January 14, 2009

I heart Dilbert!!

Ok, so I was trying to be in a better mood know, be more thankful, etc. etc. Well, that worked for about an hour. Then got an email from a "co-worker" that somewhat threw me under the bus. Anyway, bit of a hectic day again, plus I had this sinus pressure headache which I am not thrilled about because I DO NOT want to get sick yet again. It seems like all my work is piling up around me and every phone call or conversation piles on another project or task. But, yes, I'm thankful I have a job. :-P Thankfully I had a nice conversation with a lady I work with out on the West coast. She is hilarious and we had a good laugh about all the craziness going on in our day. Laughter truly may be the best medicine. Since it felt so good to laugh, I decided to check out some old Dilbert cartoons...especially the ones with Carol the Secretary. They are friggin hilarious!!! One of my favorite cartoon strips for sure. And actually, I was thinking I needed to start posting some of my favorite things to try and get my mind off of the stress of work. Here goes...a recent Dilbert cartoon that I can relate to...(see above).

Tuesday, January 13, 2009

So I've been thinking

Yes, this is dangerous, I know, but I've been thinking I need to take an anger management course. Some stuff has really been pissing me off lately. Stupid stuff I guess. Maybe it is due to the stress of my job. Maybe it is due to the fact that I care too much. So, actually, maybe what I need to take is a course in not giving a shit. Hmmm...yes...that should do the trick!

My brand of optimism

Tuesday, January 06, 2009

I wonder...

...if I keep saying this, will it be true???

create your own visited country map