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The Colorado Bank and Trust Company of La Junta

The Colorado Bank and Trust Company of La Junta
Overview / Commentary
301 Colorado Avenue
La Junta, CO 81050

The Colorado Bank and Trust Company of La Junta is headquartered in La Junta and is the 70th largest bank in the state of Colorado. It is also the 4,680th largest bank in the nation. It was established in 1907 and as of March of 2014, it had grown to 33 employees at 2 locations. The Colorado Bank and Trust Company of La Junta has a B+ health rating.

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B+

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 Colorado Bank and Trust Company of La Junta had $1.41 million in non-current loans and owned real-estate with $10.25 million in equity and loan loss allowances on hand to cover it. This gives The Colorado Bank and Trust Company of La Junta a Texas Ratio of 13.73% which is above 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 The Colorado Bank and Trust Company of La Junta experienced no significant changes from 13.60% as of March 31, 2013 to 13.73% as of March 31, 2014, resulting in a negative change of 0.95%. This indicates that the balance sheet and financial strength for The Colorado Bank and Trust Company of La Junta has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, The Colorado Bank and Trust Company of La Junta has increased its total deposits by $3.58 million, resulting in 4.01% 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 Colorado Bank and Trust Company of La Junta has shown is excellent.

Capitalization

GRADE:
B+

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 Colorado Bank and Trust Company of La Junta has $102.19 million in assets with $10.25 million in equity, resulting in a capitalization level of 10.03%, which is above average.

Institution Statistics

Overall
FDIC Certificate #1141
Year Established1907
Employees33
Primary RegulatorFED
Assets and Liabilities
Assets$102.19 million
Loans$43.98 million
Deposits$92.97 million
Equity Capital$8.20 million
Loan Loss Allowance$2.05 million
Unbacked Noncurrent Loans$1.23 million
Real Estate Owned$175,000
Historic Data - March 2013
Assets$98.42 million
Equity Capital$8.06 million
Loan Loss Allowance$1.91 million
Unbacked Noncurrent Loans$1.23 million
Real Estate Owned$238,000
Profit Margin - Quarterly
Net Interest Margin3.62%
Return on Assets0.55%
Return on Equity6.78%
Interest Income$843,000
Rates

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Locations


The Colorado Bank and Trust Company of La Junta Locations
East U.S. Highway 50 Branch23051 East Highway 50Pueblo, CO 81006
The Colorado Bank and Trust Company Of LA Junta301 Colorado AvenueLA Junta, CO 81050