New West Bank

New West Bank is headquartered in Greeley and is the 53^rd largest bank in the state of Colorado. It is also the 3,643^rd largest bank in the nation. It was established in 2003 and as of March of 2012, it had grown to 28 employees at 2 locations. New West Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics New West Bank FDIC Certificate # 57508 BankRate Report View Year Established 2003 Employees 28 Primary Regulator FDIC Assets and Liabilities Assets $163.25 million Loans $79.68 million Deposits $147.85 million Equity Capital $14.86 million Loan Loss Allowance $1.23 million Unbacked Noncurrent Loans $612,000 Real Estate Owned $1.56 million Historic Data - March 2011 Assets $149.29 million Equity Capital $12.67 million Loan Loss Allowance $1.20 million Unbacked Noncurrent Loans $1.85 million Real Estate Owned $2.31 million Profit Margin - Quarterly Net Interest Margin 4.1% Return on Assets 1.08% Return on Equity 11.91% Interest Income $1.84 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 New West Bank had $2.18 million in non-current loans and owned real-estate with $16.09 million in equity and loan loss allowances on hand to cover it. This gives New West Bank a Texas Ratio of 13.52% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for New West Bank decreased significantly from 30.00% as of March 31, 2011 to 13.52% as of March 31, 2012, resulting in a positive change of 54.92%.This indicates that the balance sheet and financial strength for New West Bank has improved significantly in recent periods. Deposit Growth In the past year, New West Bank has increased its total deposits by $14.83 million, resulting in 11.15% 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 New West 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. New West Bank has $163.25 million in assets with $16.09 million in equity, resulting in a capitalization level of 9.86%, which is average.

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