Tri-County Bank (WY)
Tri-County Bank (WY) is headquartered in Cheyenne and is the 27th largest bank in the state of Wyoming. It is also the 5,723rd largest bank in the nation. It was established in 1935 and as of December of 2013, it had grown to 15 employees at 2 locations. Tri-County Bank (WY) has a B health rating.
Tri-County Bank - Great Bank
What a difference from the mega banks. Friendly people, great service and they appreciate our business. This is how a bank should be.
Data for Q4 2013
Institution Health
Texas Ratio
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 Tri-County Bank (WY) had $1.27 million in non-current loans and owned real-estate with $7.55 million in equity and loan loss allowances on hand to cover it. This gives Tri-County Bank (WY) a Texas Ratio of 16.89% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Tri-County Bank (WY) increased slightly from 11.58% as of December 31, 2012 to 16.89% as of December 31, 2013, resulting in a negative change of 45.81%. This indicates that the balance sheet and financial strength for Tri-County Bank (WY) has declined slightly in recent periods.
Deposit Growth
In the past year, Tri-County Bank (WY) has increased its total deposits by $4.89 million, resulting in 9.99% 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 Tri-County Bank (WY) has shown is excellent.
Capitalization
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. Tri-County Bank (WY) has $61.26 million in assets with $7.55 million in equity, resulting in a capitalization level of 12.33%, which is excellent.
Institution Statistics
| Overall | |
|---|---|
| FDIC Certificate # | 29608 |
| Year Established | 1935 |
| Employees | 15 |
| Primary Regulator | FED |
| Assets and Liabilities | |
|---|---|
| Assets | $61.26 million |
| Loans | $44.63 million |
| Deposits | $53.87 million |
| Equity Capital | $6.71 million |
| Loan Loss Allowance | $843,000 |
| Unbacked Noncurrent Loans | $531,000 |
| Real Estate Owned | $744,000 |
| Historic Data - December 2012 | |
|---|---|
| Assets | $58.30 million |
| Equity Capital | $6.49 million |
| Loan Loss Allowance | $756,000 |
| Unbacked Noncurrent Loans | $531,000 |
| Real Estate Owned | $285,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 3.89% |
| Return on Assets | 0.8% |
| Return on Equity | 7.42% |
| Interest Income | $2.62 million |
Sorry, we do not have rate data for Tri-County Bank (WY)
| Tri-County Bank (WY) Locations | ||
|---|---|---|
| North College Drive Branch | 3310 North College Drive | Cheyenne, WY 82001 |
| Tri-County Bank | 421 Vandehei Avenue | Cheyenne, WY 82003 |