Pikes Peak National Bank

Pikes Peak National Bank is headquartered in Colorado Springs and is the 89^th largest bank in the state of Colorado. It is also the 5,647^th largest bank in the nation. It was established in 1957 and as of March of 2012, it had grown to 31 employees at 3 locations. Pikes Peak National Bank has a 2-star health rating.

Data for Q1 2012

Institution Statistics Pikes Peak National Bank FDIC Certificate # 17782 BankRate Report View Year Established 1957 Employees 31 Primary Regulator OCC Assets and Liabilities Assets $74.67 million Loans $37.99 million Deposits $66.86 million Equity Capital $7.67 million Loan Loss Allowance $1.47 million Unbacked Noncurrent Loans $6.62 million Real Estate Owned $1.74 million Historic Data - March 2011 Assets $77.95 million Equity Capital $7.77 million Loan Loss Allowance $2.01 million Unbacked Noncurrent Loans $9.47 million Real Estate Owned $853,000 Profit Margin - Quarterly Net Interest Margin 3.73% Return on Assets -0.04% Return on Equity -0.42% Interest Income $674,000

Institution Health Overall Score: 2 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 Pikes Peak National Bank had $8.36 million in non-current loans and owned real-estate with $9.14 million in equity and loan loss allowances on hand to cover it. This gives Pikes Peak National Bank a Texas Ratio of 91.45% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Pikes Peak National Bank held steady from 105.49% as of March 31, 2011 to 91.45% as of March 31, 2012, resulting in a positive change of 13.31%.This indicates that the balance sheet and financial strength for Pikes Peak National Bank has held steady in recent periods. Deposit Growth In the past year, Pikes Peak National Bank has decreased its total deposits by -$3.14 million, resulting in -4.49% 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 Pikes Peak National Bank has shown is below average. 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. Pikes Peak National Bank has $74.67 million in assets with $9.14 million in equity, resulting in a capitalization level of 12.24%, which is excellent.

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