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Overview / Commentary
2201 Main Street
Torrington, WY 82240

Platte Valley Bank is headquartered in Torrington and is the 8th largest bank in the state of Wyoming. It is also the 2,178th largest bank in the nation. It was established in 1925 and as of March of 2014, it had grown to 70 employees at 5 locations. Platte Valley Bank has a A+ health rating.

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Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

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 Platte Valley Bank had $2.74 million in non-current loans and owned real-estate with $39.4 million in equity and loan loss allowances on hand to cover it. This gives Platte Valley Bank a Texas Ratio of 6.95% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Platte Valley Bank experienced no significant changes from 3.12% as of March 31, 2013 to 6.95% as of March 31, 2014, resulting in a negative change of 122.70%. This indicates that the balance sheet and financial strength for Platte Valley Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Platte Valley Bank has increased its total deposits by $59.23 million, resulting in 32.38% 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 Platte Valley Bank has shown is excellent.

Capitalization

GRADE:
A+

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. Platte Valley Bank has $300.19 million in assets with $39.4 million in equity, resulting in a capitalization level of 13.13%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #5442
Year Established1925
Employees70
Primary RegulatorFED
Assets and Liabilities
Assets$300.19 million
Loans$257.19 million
Deposits$242.15 million
Equity Capital$34.53 million
Loan Loss Allowance$4.87 million
Unbacked Noncurrent Loans$1.69 million
Real Estate Owned$1.05 million
Historic Data - March 2013
Assets$227.06 million
Equity Capital$24.81 million
Loan Loss Allowance$3.56 million
Unbacked Noncurrent Loans$1.69 million
Real Estate Owned$287,000
Profit Margin - Quarterly
Net Interest Margin5.82%
Return on Assets1.57%
Return on Equity13.77%
Interest Income$4.46 million
Rates

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Locations


Platte Valley Bank Locations
Wheatland Branch200 16th StreetWheatland, WY 82201
Platte Valley Bank2201 Main StreetTorrington, WY 82240
Casper Branch3131 Sw Wyoming BlvdCasper, WY 82604