Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
1900 16th St., Suite 1200
Denver, CO 80202

First Western Trust Bank is headquartered in Denver and is the 11st largest bank in the state of Colorado. It is also the 1,048th largest bank in the nation. It was established in 2004 and as of March of 2014, it had grown to 134 employees at 9 locations. First Western Trust Bank has a A health rating.

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



Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A

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 First Western Trust Bank had $7.86 million in non-current loans and owned real-estate with $75.54 million in equity and loan loss allowances on hand to cover it. This gives First Western Trust Bank a Texas Ratio of 10.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for First Western Trust Bank decreased dramatically from 30.07% as of March 31, 2013 to 10.41% as of March 31, 2014, resulting in a positive change of 65.38%.This indicates that the balance sheet and financial strength for First Western Trust Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A

In the past year, First Western Trust Bank has increased its total deposits by $17.37 million, resulting in 3.22% 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 Western Trust 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. First Western Trust Bank has $652.15 million in assets with $75.54 million in equity, resulting in a capitalization level of 11.58%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57607
Year Established2004
Employees134
Primary RegulatorFDIC
Assets and Liabilities
Assets$652.15 million
Loans$477.85 million
Deposits$556.63 million
Equity Capital$70.59 million
Loan Loss Allowance$4.94 million
Unbacked Noncurrent Loans$2.52 million
Real Estate Owned$5.35 million
Historic Data - March 2013
Assets$628.72 million
Equity Capital$68.54 million
Loan Loss Allowance$7.55 million
Unbacked Noncurrent Loans$2.52 million
Real Estate Owned$13.76 million
Profit Margin - Quarterly
Net Interest Margin3.55%
Return on Assets0.33%
Return on Equity3.06%
Interest Income$5.96 million
Rates

Sorry, we do not have rate data for First Western Trust Bank

Locations


First Western Trust Bank Locations
Boulder Branch1155 Canyon Boulevard, Suite 300Boulder, CO 80302
First Western Trust Bank1900 16th Street, Suite 1200Denver, CO 80202
Cherry Creek Branch233 Milwaukee StreetDenver, CO 80206
Phoenix Branch2425 E. Camelback Rd., Ste 100Phoenix, AZ 85016
Northern Colorado Branch3003 East Harmony Road, Suite 200Fort Collins, CO 80528
Downtown Los Angeles Branch515 South Figueroa Street, Suite 1200Los Angeles, CA 90071
Dtc Cherry Hills6501 East Belleview Avenue, Suite 200Englewood, CO 80111
Scottsdale Branch7025 N Scottsdale RdScottsdale, AZ 85253