Overview / Commentary
First FarmBank is headquartered in Greeley and is the 31st largest bank in the state of Colorado. It is also the 2,554th largest bank in the nation. It was established in 2007 and as of March of 2019, it had grown to 50 employees at 5 locations. First FarmBank has a B+ health rating.
Health
B+
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58508 |
| Year Established | 2007 |
| Employees | 50 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 12.55% |
| Annual Interest Income | $3.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $244.4MM$232.4MM |
| Loans | Q1 2019vs Q1 2018 | $174.8MM$156.0MM |
| Deposits | Q1 2019vs Q1 2018 | $220.2MM$208.7MM |
| Equity Capital | Q1 2019vs Q1 2018 | $20.7MM$18.2MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $2.4MM$2.4MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $2.5MM$1.2MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
Rates
Rates for First FarmBank are currently being reviewed.
Locations
| First FarmBank Locations | ||
|---|---|---|
| First Farmbank | 2939 65th Avenue | Greeley, CO 80634 |
| Yuma Colorado Branch | 501 E. 8th Avenue | Yuma, CO 80759 |
| East Greeley Branch | 127 22nd Street | Greeley, CO 80631 |
| Sterling Branch | 931 West Main Street | Sterling, CO 80751 |
| Tribune Branch | 522 Broadway Avenue | Tribune, KS 67879 |