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Rocky Mountain Bank & Trust Florence

Rocky Mountain Bank & Trust Florence
Overview / Commentary
101 East Main Street
Florence, CO 81226

Rocky Mountain Bank & Trust Florence is headquartered in Florence and is the 79th largest bank in the state of Colorado. It is also the 5,177th largest bank in the nation. It was established in 1900 and as of December of 2013, it had grown to 29 employees at 2 locations. Rocky Mountain Bank & Trust Florence has a C- health rating.

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Health

Data for Q4 2013

Institution Health

C-
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Rocky Mountain Bank & Trust Florence has a relatively low asset base.

Texas Ratio

GRADE:
C

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 December 31, 2013 Rocky Mountain Bank & Trust Florence had $2.86 million in non-current loans and owned real-estate with $5.98 million in equity and loan loss allowances on hand to cover it. This gives Rocky Mountain Bank & Trust Florence a Texas Ratio of 47.88% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Rocky Mountain Bank & Trust Florence increased slightly from 40.52% as of December 31, 2012 to 47.88% as of December 31, 2013, resulting in a negative change of 18.18%. This indicates that the balance sheet and financial strength for Rocky Mountain Bank & Trust Florence has declined slightly in recent periods.

Deposit Growth

GRADE:
F

In the past year, Rocky Mountain Bank & Trust Florence has decreased its total deposits by -$9.96 million, resulting in -11.48% 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 Rocky Mountain Bank & Trust Florence has shown is poor.

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. Rocky Mountain Bank & Trust Florence has $82.25 million in assets with $5.98 million in equity, resulting in a capitalization level of 7.27%, which is below average.

Institution Statistics

Overall
FDIC Certificate #3019
Year Established1900
Employees29
Primary RegulatorFDIC
Assets and Liabilities
Assets$82.25 million
Loans$25.33 million
Deposits$76.75 million
Equity Capital$5.13 million
Loan Loss Allowance$854,000
Unbacked Noncurrent Loans$2.22 million
Real Estate Owned$648,000
Historic Data - December 2012
Assets$95.07 million
Equity Capital$7.98 million
Loan Loss Allowance$1.47 million
Unbacked Noncurrent Loans$2.22 million
Real Estate Owned$1.54 million
Profit Margin - Quarterly
Net Interest Margin4.31%
Return on Assets-3.34%
Return on Equity-44.67%
Interest Income$3.95 million
Rates

Sorry, we do not have rate data for Rocky Mountain Bank & Trust Florence

Locations


Rocky Mountain Bank & Trust Florence Locations
Rocky Mountain Bank & Trust Florence101 East Main StreetFlorence, CO 81226
Cheyenne Meadows Branch755 Cheyenne MeadowsColorado Springs, CO 80906