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Overview / Commentary
719-456-1512
535 Bent Avenue
Las Animas, CO 81054

The First National Bank of Las Animas is headquartered in Las Animas and is the 22nd largest bank in the state of Colorado. It is also the 2,143rd largest bank in the nation. It was established in 1901 and as of December of 2013, it had grown to 68 employees at 6 locations. The First National Bank of Las Animas' savings rates are 2X the national average, and it has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

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 First National Bank of Las Animas had $1.53 million in non-current loans and owned real-estate with $35.43 million in equity and loan loss allowances on hand to cover it. This gives The First National Bank of Las Animas a Texas Ratio of 4.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for The First National Bank of Las Animas decreased dramatically from 6.37% as of December 31, 2012 to 4.32% as of December 31, 2013, resulting in a positive change of 32.07%.This indicates that the balance sheet and financial strength for The First National Bank of Las Animas has improved dramatically in recent periods.

Deposit Growth

GRADE:
B

In the past year, The First National Bank of Las Animas has increased its total deposits by $1.15 million, resulting in 0.44% 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 Las Animas has shown is above average.

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 Las Animas has $304.74 million in assets with $35.43 million in equity, resulting in a capitalization level of 11.63%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #3034
Year Established1901
Employees68
Primary RegulatorOCC
Assets and Liabilities
Assets$304.74 million
Loans$196.31 million
Deposits$265.02 million
Equity Capital$31.44 million
Loan Loss Allowance$3.99 million
Unbacked Noncurrent Loans$206,000
Real Estate Owned$1.33 million
Historic Data - December 2012
Assets$304.87 million
Equity Capital$32.46 million
Loan Loss Allowance$3.91 million
Unbacked Noncurrent Loans$206,000
Real Estate Owned$1.92 million
Profit Margin - Quarterly
Net Interest Margin4.28%
Return on Assets1.91%
Return on Equity18.68%
Interest Income$13.83 million
Rates

Always verify rates and promotions with the bank or credit union. We are not The First National Bank of Las Animas, we are a rate comparison website and can not provide official rates or promotions.

The First National Bank of Las Animas Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.07%$250k-IRA
0.67%--Burial Fund Account
0.30%$25k-Wall Street-HSA
0.20%$100-Savings Account
0.20%$25-Minor Savings Account
0.20%$10k-VIP-HSA
0.20%$100-Christmas Club Account

The First National Bank of Las Animas Money Market Rates

DetailsAPYMINMAXPRODUCT
0.33%$10k-Platinum Money Market

The First National Bank of Las Animas Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$25k-Wall Street Checking
0.20%$10k-50+ Free Interest Checking
0.20%$10k-VIP Free Interest Checking

The First National Bank of Las Animas CD Rates

DetailsAPYMINMAXPRODUCT
1.27%$500-5 Year CD
1.17%$500-4 Year CD
1.07%$500-3 Year CD
0.65%$500-2 Year CD
0.47%$500-15 Month CD
0.35%$500-1 Year CD
0.35%$100k-1 Year Jumbo CD
0.25%$500-90 Day CD
0.25%$500-6 Month CD
0.25%$100k-6 Month Jumbo CD
Locations


The First National Bank of Las Animas Locations
Fowler Branch117 Main StreetFowler, CO 81039
The First National Bank Of Ordway Branch300 Main StreetOrdway, CO 81063
Rocky Ford Branch300 North Main StreetRocky Ford, CO 81067
LA Junta Branch402 Colorado AvenueLA Junta, CO 81050
The First National Bank Of Las Animas535 Bent AvenueLas Animas, CO 81054
Monument Branch581 Highway 105Monument, CO 80132