Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
600 West 8th
Palisade, CO 81526

Colorado National Bank is headquartered in Palisade and is the 88th largest bank in the state of Colorado. It is also the 5,536th largest bank in the nation. It was established in 1905 and as of December of 2013, it had grown to 28 employees at 2 locations. Colorado National Bank has a A health rating.

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



Health

Data for Q4 2013

Institution Health

A
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Colorado National Bank has a relatively low asset base.

Texas Ratio

GRADE:
A+

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 December 31, 2013 Colorado National Bank had $129,000 in non-current loans and owned real-estate with $8.04 million in equity and loan loss allowances on hand to cover it. This gives Colorado National Bank a Texas Ratio of 1.60% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Colorado National Bank experienced no significant changes from 1.48% as of December 31, 2012 to 1.60% as of December 31, 2013, resulting in a negative change of 8.29%. This indicates that the balance sheet and financial strength for Colorado National Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Colorado National Bank has increased its total deposits by $14.77 million, resulting in 33.07% 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 Colorado National Bank has shown is excellent.

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 National Bank has $68.12 million in assets with $8.04 million in equity, resulting in a capitalization level of 11.80%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #13986
Year Established1905
Employees28
Primary RegulatorOCC
Assets and Liabilities
Assets$68.12 million
Loans$44.60 million
Deposits$59.42 million
Equity Capital$7.87 million
Loan Loss Allowance$170,000
Unbacked Noncurrent Loans$129,000
Real Estate Owned$0
Historic Data - December 2012
Assets$56.59 million
Equity Capital$11.31 million
Loan Loss Allowance$231,000
Unbacked Noncurrent Loans$129,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.88%
Return on Assets-2.16%
Return on Equity-13.36%
Interest Income$1.90 million
Rates

Sorry, we do not have rate data for Colorado National Bank

Locations


Colorado National Bank Locations
17th Street Branch1225 17th Street, Suite 150Denver, CO 80202
Colorado National Bank600 West 8th StreetPalisade, CO 81526