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Overview / Commentary
1900 16th St., Suite 1200
Denver, CO 80202

First Western Trust Bank is headquartered in Denver and is the 12st largest bank in the state of Colorado. It is also the 1,019st largest bank in the nation. It was established in 2004 and as of December of 2013, it had grown to 128 employees at 8 locations. First Western Trust Bank has a B+ health rating.

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Health

Data for Q4 2013

Institution Health

B+

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 First Western Trust Bank had $7.75 million in non-current loans and owned real-estate with $75.74 million in equity and loan loss allowances on hand to cover it. This gives First Western Trust Bank a Texas Ratio of 10.23% 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 30.64% as of December 31, 2012 to 10.23% as of December 31, 2013, resulting in a positive change of 66.62%.This indicates that the balance sheet and financial strength for First Western Trust Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
D

In the past year, First Western Trust Bank has decreased its total deposits by -$33.46 million, resulting in -5.61% 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 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. First Western Trust Bank has $658.9 million in assets with $75.74 million in equity, resulting in a capitalization level of 11.50%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57607
Year Established2004
Employees128
Primary RegulatorFDIC
Assets and Liabilities
Assets$658.90 million
Loans$479.87 million
Deposits$562.59 million
Equity Capital$70.91 million
Loan Loss Allowance$4.84 million
Unbacked Noncurrent Loans$2.40 million
Real Estate Owned$5.35 million
Historic Data - December 2012
Assets$684.71 million
Equity Capital$67.99 million
Loan Loss Allowance$9.41 million
Unbacked Noncurrent Loans$2.40 million
Real Estate Owned$4.55 million
Profit Margin - Quarterly
Net Interest Margin3.55%
Return on Assets0.5%
Return on Equity4.59%
Interest Income$23.51 million
Rates

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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