FirstBank (CO)

FirstBank (CO) is headquartered in Lakewood and is the largest bank in the state of Colorado. It is also the 94^th largest bank in the nation. It was established in 1963 and as of March of 2012, it had grown to 1,989 employees at 130 locations. FirstBank (CO) has a 5-star health rating.

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Data for Q1 2012

Institution Statistics FirstBank FDIC Certificate # 18714 BankRate Report View Year Established 1963 Employees 1989 Primary Regulator FED Assets and Liabilities Assets $12.06 billion Loans $5.32 billion Deposits $10.93 billion Equity Capital $986.89 million Loan Loss Allowance $95.30 million Unbacked Noncurrent Loans $49.30 million Real Estate Owned $10.88 million Historic Data - March 2011 Assets $10.72 billion Equity Capital $851.44 million Loan Loss Allowance $90.46 million Unbacked Noncurrent Loans $61.28 million Real Estate Owned $10.06 million Profit Margin - Quarterly Net Interest Margin 3.87% Return on Assets 1.46% Return on Equity 17.64% Interest Income $117.40 million

Institution Health Overall Score: 5 out of 5 Texas Ratio 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 March 31, 2012 FirstBank (CO) had $60.19 million in non-current loans and owned real-estate with $1.08 billion in equity and loan loss allowances on hand to cover it. This gives FirstBank (CO) a Texas Ratio of 5.56% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for FirstBank (CO) decreased slightly from 7.59% as of March 31, 2011 to 5.56% as of March 31, 2012, resulting in a positive change of 26.72%.This indicates that the balance sheet and financial strength for FirstBank (CO) has improved slightly in recent periods. Deposit Growth In the past year, FirstBank (CO) has increased its total deposits by $1.18 billion, resulting in 12.05% 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 FirstBank (CO) has shown is excellent. Capitalization 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. FirstBank (CO) has $12.06 billion in assets with $1.08 billion in equity, resulting in a capitalization level of 8.97%, which is average.

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