Farmers Bank (CO)
Farmers Bank (CO)
Overview / Commentary
Farmers Bank (CO) is headquartered in Ault and is the 32nd largest bank in the state of Colorado. It is also the 2,465th largest bank in the nation. It was established in 2001 and as of December of 2019, it had grown to 30 employees at 2 locations. Farmers Bank (CO) has an A+ health rating.
Reviews (1)
Great value!
Posted by: jaderusso | Oct 2, 2017
I stumbled on this bank because my landlord uses it and that's where he had me drop off my rent payments. I looked into their interest rates, account services, etc...and found them to be exactly what I was looking for. They are friendly, sincere and willing to work with their customers/clients. I would highly advise using a credit union!
Health
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57335 |
| Year Established | 2001 |
| Employees | 30 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.48% |
| Return on Equity - YTD | 18.23% |
| Annual Interest Income | $13.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $255.8MM$233.7MM |
| Loans | Q4 2019vs Q4 2018 | $184.5MM$181.8MM |
| Deposits | Q4 2019vs Q4 2018 | $221.9MM$200.8MM |
| Equity Capital | Q4 2019vs Q4 2018 | $33.3MM$32.5MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $2.8MM$2.8MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $171.00K$138.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |