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Overview / Commentary
970-887-1221
337 East Agate Avenue
Granby, CO 80446

Grand Mountain Bank, FSB is headquartered in Granby and is the 75th largest bank in the state of Colorado. It is also the 4,934th largest bank in the nation. It was established in 2003 and as of March of 2014, it had grown to 28 employees at 4 locations. Grand Mountain Bank, FSB has a D health rating.

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Health

Data for Q1 2014

Institution Health

D
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Grand Mountain Bank, FSB has a relatively low asset base.

Texas Ratio

GRADE:
F

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 Grand Mountain Bank, FSB had $9.71 million in non-current loans and owned real-estate with $8.35 million in equity and loan loss allowances on hand to cover it. This gives Grand Mountain Bank, FSB a Texas Ratio of 116.26% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Grand Mountain Bank, FSB experienced no significant changes from 116.32% as of March 31, 2013 to 116.26% as of March 31, 2014, resulting in a positive change of 0.05%.This indicates that the balance sheet and financial strength for Grand Mountain Bank, FSB has had no significant changes in recent periods.

Deposit Growth

GRADE:
D

In the past year, Grand Mountain Bank, FSB has decreased its total deposits by -$6.71 million, resulting in -7.41% 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 Grand Mountain Bank, FSB has shown is below average.

Capitalization

GRADE:
C+

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. Grand Mountain Bank, FSB has $91.54 million in assets with $8.35 million in equity, resulting in a capitalization level of 9.12%, which is average.

Institution Statistics

Overall
FDIC Certificate #57531
Year Established2003
Employees28
Primary RegulatorOCC
Assets and Liabilities
Assets$91.54 million
Loans$59.64 million
Deposits$83.83 million
Equity Capital$5.46 million
Loan Loss Allowance$2.89 million
Unbacked Noncurrent Loans$6.01 million
Real Estate Owned$3.70 million
Historic Data - March 2013
Assets$98.39 million
Equity Capital$5.45 million
Loan Loss Allowance$3.16 million
Unbacked Noncurrent Loans$6.01 million
Real Estate Owned$4.01 million
Profit Margin - Quarterly
Net Interest Margin4.01%
Return on Assets0.09%
Return on Equity1.47%
Interest Income$831,000
Rates

Sorry, we do not have rate data for Grand Mountain Bank, FSB

Locations


Grand Mountain Bank, FSB Locations
Kremmling Branch100 West Park AvenueKremmling, CO 80459
197 N Zerex Branch197 N ZerexFraser, CO 80442
Grand Mountain Bank, FSB337 East Agate AvenueGranby, CO 80446
Grand Lake Branch902 Grand AvenueGrand Lake, CO 80447