Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
410 14th Street
Burlington, CO 80807

The Bank of Burlington is headquartered in Burlington and is the 80th largest bank in the state of Colorado. It is also the 5,231st largest bank in the nation. It was established in 1931 and as of December of 2013, it had grown to 11 employees at 1 location. The Bank of Burlington has a B+ health rating.

No reviews have been left for this bank yet. Be the first to review.



Health

Data for Q4 2013

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. The Bank of Burlington has a relatively low asset base.

Texas Ratio

GRADE:
A+

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 The Bank of Burlington had $0 in non-current loans and owned real-estate with $6.14 million in equity and loan loss allowances on hand to cover it. This gives The Bank of Burlington a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A+

In the past year, The Bank of Burlington has increased its total deposits by $10.3 million, resulting in 16.14% 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 The Bank of Burlington has shown is excellent.

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. The Bank of Burlington has $80.2 million in assets with $6.14 million in equity, resulting in a capitalization level of 7.66%, which is below average.

Institution Statistics

Overall
FDIC Certificate #15759
Year Established1931
Employees11
Primary RegulatorFDIC
Assets and Liabilities
Assets$80.20 million
Loans$10.94 million
Deposits$74.15 million
Equity Capital$6.00 million
Loan Loss Allowance$138,000
Real Estate Owned$0
Historic Data - December 2012
Assets$70.52 million
Equity Capital$6.64 million
Loan Loss Allowance$138,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.09%
Return on Assets0.67%
Return on Equity7.85%
Interest Income$1.49 million
Rates

Sorry, we do not have rate data for The Bank of Burlington

Locations


The Bank of Burlington Locations
The Bank Of Burlington410 14th StreetBurlington, CO 80807