Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

The First National Bank of Fleming

The First National Bank of Fleming
Overview / Commentary
970-265-2555
201 N Logan Ave
Fleming, CO 80728

The First National Bank of Fleming is headquartered in Fleming and is the 96th largest bank in the state of Colorado. It is also the 6,569th largest bank in the nation. It was established in 1917 and as of March of 2014, it had grown to 7 employees at 1 location. The First National Bank of Fleming has a C+ health rating.

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



Health

Data for Q1 2014

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. The First National Bank of Fleming has a low asset base.

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 First National Bank of Fleming had $533,000 in non-current loans and owned real-estate with $2.63 million in equity and loan loss allowances on hand to cover it. This gives The First National Bank of Fleming a Texas Ratio of 20.24% 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 First National Bank of Fleming experienced no significant changes from 21.38% as of March 31, 2013 to 20.24% as of March 31, 2014, resulting in a positive change of 5.31%.This indicates that the balance sheet and financial strength for The First National Bank of Fleming has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, The First National Bank of Fleming has increased its total deposits by $649,000, resulting in 3.24% 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 First National Bank of Fleming 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. The First National Bank of Fleming has $23.25 million in assets with $2.63 million in equity, resulting in a capitalization level of 11.33%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #3018
Year Established1917
Employees7
Primary RegulatorOCC
Assets and Liabilities
Assets$23.25 million
Loans$17.47 million
Deposits$20.67 million
Equity Capital$2.33 million
Loan Loss Allowance$302,000
Unbacked Noncurrent Loans$468,000
Real Estate Owned$65,000
Historic Data - March 2013
Assets$22.39 million
Equity Capital$2.16 million
Loan Loss Allowance$294,000
Unbacked Noncurrent Loans$468,000
Real Estate Owned$6,000
Profit Margin - Quarterly
Net Interest Margin4.39%
Return on Assets1.44%
Return on Equity14.86%
Interest Income$262,000
Rates

Sorry, we do not have rate data for The First National Bank of Fleming

Locations


The First National Bank of Fleming Locations
The First National Bank Of Fleming201 N Logan AveFleming, CO 80728