13013 West Alameda Parkway
Lakewood, CO 80228
303-989-1313
www.frontrangebank.com



Front Range Bank is headquartered in Lakewood and is the 55th largest bank in the state of Colorado. It is also the 3,874th largest bank in the nation. It was established in 1997 and as of March of 2012, it had grown to 28 employees at 3 locations. Front Range Bank has a 4-star health rating.

Front Range Bank Routing Number: 107006428



See Rates for: Checking | Savings | Money Market | CD | IRA

Front Range Bank Checking Account Rates

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0.10%$500-Business Checking
0.10%$100-Personal Checking

Front Range Bank Savings Account Rates

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0.40%$50k-Savings Account

Front Range Bank Money Market Rates

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0.40%$100k-Money Market Account

Front Range Bank CD Rates

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0.75%$1k-30 Month Fixed Rate CD
0.70%$1k-24 Month Fixed Rate CD
0.55%$1k-18 Month Fixed Rate CD
0.50%$1k-12 Month Fixed Rate CD
0.25%$1k-6 Month Fixed Rate CD

Front Range Bank IRA Rates

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0.70%$500-24 Month Fixed Rate IRA
0.50%$500-12 Month Fixed Rate IRA

Rates updated: 5/25/2012

Data for Q1 2012


Institution Statistics


Front Range Bank
FDIC Certificate #34401
BankRate ReportView
Year Established1997
Employees28
Primary RegulatorFDIC

Assets and Liabilities

Assets$149.95 million
Loans$76.66 million
Deposits$119.59 million
Equity Capital$14.82 million
Loan Loss Allowance$1.30 million
Unbacked Noncurrent Loans$2.68 million
Real Estate Owned$2.72 million

Historic Data - March 2011

Assets$133.22 million
Equity Capital$14.18 million
Loan Loss Allowance$280,000
Unbacked Noncurrent Loans$2.44 million
Real Estate Owned$6.15 million

Profit Margin - Quarterly

Net Interest Margin3.92%
Return on Assets-0.6%
Return on Equity-6.09%
Interest Income$1.55 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio2
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 Front Range Bank had $5.4 million in non-current loans and owned real-estate with $16.12 million in equity and loan loss allowances on hand to cover it. This gives Front Range Bank a Texas Ratio of 33.49% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Front Range Bank decreased significantly from 59.43% as of March 31, 2011 to 33.49% as of March 31, 2012, resulting in a positive change of 43.65%.This indicates that the balance sheet and financial strength for Front Range Bank has improved significantly in recent periods.
Deposit Growth5
In the past year, Front Range Bank has increased its total deposits by $12.11 million, resulting in 11.26% 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 Front Range Bank has shown is excellent.
Capitalization4
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. Front Range Bank has $149.95 million in assets with $16.12 million in equity, resulting in a capitalization level of 10.75%, which is above average.
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