Institution Statistics
| Front Range Bank | | FDIC Certificate # | 34401 | | BankRate Report | View | | Year Established | 1997 | | Employees | 28 | | Primary Regulator | FDIC |
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 Margin | 3.92% | | Return on Assets | -0.6% | | Return on Equity | -6.09% | | Interest Income | $1.55 million |
|
|
Institution Health
Overall Score:
4 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 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 Trend |  | | 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 Growth |  | | 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. | | 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. 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. |
|