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877-277-5757
2452 Highway 6 And 50
Grand Junction, CO 81505

First National Bank of the Rockies is headquartered in Grand Junction and is the 17st largest bank in the state of Colorado. It is also the 1,919st largest bank in the nation. It was established in 1904 and as of December of 2013, it had grown to 89 employees at 10 locations. First National Bank of the Rockies has a B health rating.

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Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
C+

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 First National Bank of the Rockies had $8.34 million in non-current loans and owned real-estate with $33.68 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of the Rockies a Texas Ratio of 24.77% 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 First National Bank of the Rockies decreased slightly from 34.26% as of December 31, 2012 to 24.77% as of December 31, 2013, resulting in a positive change of 27.70%.This indicates that the balance sheet and financial strength for First National Bank of the Rockies has improved slightly in recent periods.

Deposit Growth

GRADE:
C+

In the past year, First National Bank of the Rockies has decreased its total deposits by -$2.28 million, resulting in -0.78% 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 First National Bank of the Rockies has shown is average.

Capitalization

GRADE:
B

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. First National Bank of the Rockies has $340.04 million in assets with $33.68 million in equity, resulting in a capitalization level of 9.91%, which is above average.

Institution Statistics

Overall
FDIC Certificate #3041
Year Established1904
Employees89
Primary RegulatorOCC
Assets and Liabilities
Assets$340.04 million
Loans$125.78 million
Deposits$290.47 million
Equity Capital$31.76 million
Loan Loss Allowance$1.92 million
Unbacked Noncurrent Loans$3.27 million
Real Estate Owned$5.08 million
Historic Data - December 2012
Assets$330.92 million
Equity Capital$33.61 million
Loan Loss Allowance$3.41 million
Unbacked Noncurrent Loans$3.27 million
Real Estate Owned$7.78 million
Profit Margin - Quarterly
Net Interest Margin3.22%
Return on Assets1.07%
Return on Equity10.84%
Interest Income$10.01 million
Rates

Sorry, we do not have rate data for First National Bank of the Rockies

Locations


First National Bank of the Rockies Locations
Oak Creek Branch200 SharpOak Creek, CO 80467
Rangely Branch222 West Main StreetRangely, CO 81648
First National Bank Of The Rockies2452 Highway 6 and 50Grand Junction, CO 81505
Hayden Branch252 West Jefferson StreetHayden, CO 81639
Orchard Mesa Office2775 Acrin AvenueGrand Junction, CO 81505
Steamboat Springs Branch400 Anglers DriveSteamboat Springs, CO 80477
Grand Junction Redlands Branch431 Power RoadGrand Junction, CO 81503
Meeker Office504 Main StreetMeeker, CO 81641
Craig Branch600 Yampa AvenueCraig, CO 81625
Horizon Drive Branch685 Horizon DriveGrand Junction, CO 81505