The Citizens State Bank of Ouray is headquartered in Ouray and is the 79th largest bank in the state of Colorado. It is also the 5,110st largest bank in the nation. It was established in 1913 and as of March of 2014, it had grown to 26 employees at 4 locations. The Citizens State Bank of Ouray has a B+ health rating.
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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 The Citizens State Bank of Ouray had $242,000 in non-current loans and owned real-estate with $9.9 million in equity and loan loss allowances on hand to cover it. This gives The Citizens State Bank of Ouray a Texas Ratio of 2.45% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for The Citizens State Bank of Ouray decreased dramatically from 5.09% as of March 31, 2013 to 2.45% as of March 31, 2014, resulting in a positive change of 51.95%.This indicates that the balance sheet and financial strength for The Citizens State Bank of Ouray has improved dramatically in recent periods.
In the past year, The Citizens State Bank of Ouray has decreased its total deposits by -$4.97 million, resulting in -6.29% 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 Citizens State Bank of Ouray has shown is below average.
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 Citizens State Bank of Ouray has $84.16 million in assets with $9.9 million in equity, resulting in a capitalization level of 11.76%, which is excellent.
|FDIC Certificate #||1779|
|Assets and Liabilities|
|Equity Capital||$9.46 million|
|Loan Loss Allowance||$440,000|
|Real Estate Owned||$242,000|
|Historic Data - March 2013|
|Equity Capital||$10.08 million|
|Loan Loss Allowance||$547,000|
|Real Estate Owned||$541,000|
|Profit Margin - Quarterly|
|Net Interest Margin||3.51%|
|Return on Assets||0.23%|
|Return on Equity||2.07%|
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|The Citizens State Bank of Ouray Locations|
|Silverton Branch||1218 Greene Street||Silverton, CO 81433|
|The Citizens State Bank Of Ouray||600 Main Street||Ouray, CO 81427|
|Ridgway Branch||State Highway 62||Ridgway, CO 81432|
|Montrose Branch||State Highway 97 and 145||Naturita, CO 81422|