Citizens Bank of Pagosa Springs

Citizens Bank of Pagosa Springs is headquartered in Pagosa Springs and is the 90^th largest bank in the state of Colorado. It is also the 5,752^nd largest bank in the nation. It was established in 1991 and as of March of 2012, it had grown to 15 employees at 2 locations. Citizens Bank of Pagosa Springs' savings rates are 92% higher than the national average, and it has a 3-star health rating.

Citizens Bank of Pagosa Springs Routing Number: 102102864

Citizens Bank of Pagosa Springs Checking Account Rates

Citizens Bank of Pagosa Springs Savings Account Rates

Citizens Bank of Pagosa Springs Money Market Rates

Citizens Bank of Pagosa Springs CD Rates

Data for Q1 2012

Institution Statistics Citizens Bank of Pagosa Springs FDIC Certificate # 33511 BankRate Report View Year Established 1991 Employees 15 Primary Regulator FDIC Assets and Liabilities Assets $70.96 million Loans $34.62 million Deposits $63.54 million Equity Capital $7.34 million Loan Loss Allowance $1.88 million Unbacked Noncurrent Loans $1.29 million Real Estate Owned $1.93 million Historic Data - March 2011 Assets $74.67 million Equity Capital $6.69 million Loan Loss Allowance $2.21 million Unbacked Noncurrent Loans $4.18 million Real Estate Owned $1.68 million Profit Margin - Quarterly Net Interest Margin 3.73% Return on Assets 0.53% Return on Equity 5.19% Interest Income $686,000

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Citizens Bank of Pagosa Springs had $3.21 million in non-current loans and owned real-estate with $9.22 million in equity and loan loss allowances on hand to cover it. This gives Citizens Bank of Pagosa Springs a Texas Ratio of 34.86% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Citizens Bank of Pagosa Springs decreased significantly from 65.79% as of March 31, 2011 to 34.86% as of March 31, 2012, resulting in a positive change of 47.02%.This indicates that the balance sheet and financial strength for Citizens Bank of Pagosa Springs has improved significantly in recent periods. Deposit Growth In the past year, Citizens Bank of Pagosa Springs has decreased its total deposits by -$4.11 million, resulting in -6.07% 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 Citizens Bank of Pagosa Springs has shown is poor. Capitalization 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. Citizens Bank of Pagosa Springs has $70.96 million in assets with $9.22 million in equity, resulting in a capitalization level of 13.00%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.