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Overview / Commentary
16790 Centre Court
Parker, CO 80134

Champion Bank (CO) is headquartered in Parker and is the 89th largest bank in the state of Colorado. It is also the 5,653rd largest bank in the nation. It was established in 2002 and as of March of 2014, it had grown to 21 employees at 1 location. Champion Bank (CO) has a C health rating.

Reviews (2)

The Champion Bank

This bank is a joke, They make there own rules, No return calls poor service

STAY AWAY!!!!

Champion Bank

Wow, are you sure? Love this local community bank.



Health

Data for Q1 2014

Institution Health

C
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Champion Bank (CO) has a relatively low asset base.

Texas Ratio

GRADE:
D

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Champion Bank (CO) had $8.04 million in non-current loans and owned real-estate with $8.07 million in equity and loan loss allowances on hand to cover it. This gives Champion Bank (CO) a Texas Ratio of 99.70% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Champion Bank (CO) decreased dramatically from 154.34% as of March 31, 2013 to 99.70% as of March 31, 2014, resulting in a positive change of 35.40%.This indicates that the balance sheet and financial strength for Champion Bank (CO) has improved dramatically in recent periods.

Deposit Growth

GRADE:
D

In the past year, Champion Bank (CO) has decreased its total deposits by -$3.16 million, resulting in -5.38% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Champion Bank (CO) has shown is below average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Champion Bank (CO) has $62.61 million in assets with $8.07 million in equity, resulting in a capitalization level of 12.88%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57031
Year Established2002
Employees21
Primary RegulatorFDIC
Assets and Liabilities
Assets$62.61 million
Loans$46.42 million
Deposits$55.62 million
Equity Capital$6.08 million
Loan Loss Allowance$1.99 million
Unbacked Noncurrent Loans$4.13 million
Real Estate Owned$3.92 million
Historic Data - March 2013
Assets$65.66 million
Equity Capital$5.99 million
Loan Loss Allowance$2.21 million
Unbacked Noncurrent Loans$4.13 million
Real Estate Owned$3.95 million
Profit Margin - Quarterly
Net Interest Margin3.83%
Return on Assets-0.5%
Return on Equity-5.1%
Interest Income$659,000
Rates

Sorry, we do not have rate data for Champion Bank (CO)

Locations


Champion Bank (CO) Locations
Champion Bank16790 Centre CourtParker, CO 80134