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Overview / Commentary
719-336-5200
100 West Pearl Street
Lamar, CO 81052

Colorado East Bank & Trust is headquartered in Lamar and is the 10st largest bank in the state of Colorado. It is also the 909th largest bank in the nation. It was established in 1905 and as of March of 2014, it had grown to 216 employees at 18 locations. Colorado East Bank & Trust has a C+ health rating.

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Health

Data for Q1 2014

Institution Health

C+

Texas Ratio

GRADE:
C

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 Colorado East Bank & Trust had $37.75 million in non-current loans and owned real-estate with $98.76 million in equity and loan loss allowances on hand to cover it. This gives Colorado East Bank & Trust a Texas Ratio of 38.22% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Colorado East Bank & Trust decreased slightly from 52.11% as of March 31, 2013 to 38.22% as of March 31, 2014, resulting in a positive change of 26.64%.This indicates that the balance sheet and financial strength for Colorado East Bank & Trust has improved slightly in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Colorado East Bank & Trust has decreased its total deposits by -$30.48 million, resulting in -4.41% 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 Colorado East Bank & Trust 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. Colorado East Bank & Trust has $751.46 million in assets with $98.76 million in equity, resulting in a capitalization level of 13.14%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #3027
Year Established1905
Employees216
Primary RegulatorFDIC
Assets and Liabilities
Assets$751.46 million
Loans$395.34 million
Deposits$661.13 million
Equity Capital$86.87 million
Loan Loss Allowance$11.89 million
Unbacked Noncurrent Loans$26.45 million
Real Estate Owned$11.30 million
Historic Data - March 2013
Assets$781.35 million
Equity Capital$86.15 million
Loan Loss Allowance$12.66 million
Unbacked Noncurrent Loans$26.45 million
Real Estate Owned$11.89 million
Profit Margin - Quarterly
Net Interest Margin3.37%
Return on Assets0.19%
Return on Equity1.69%
Interest Income$6.38 million
Rates

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Locations

Colorado East Bank & Trust has 18 locations. Click to view all Colorado East Bank & Trust locations.