Platte Valley Bank is headquartered in Torrington and is the 7th largest bank in the state of Wyoming. It is also the 1,561st largest bank in the nation. It was established in 1925 and as of March of 2022, it had grown to 85 employees at 6 locations. Platte Valley Bank has a B+ health rating.
I have been with Platte Valley Bank for many years. They are less than a mile from my home so it is very convenient for me. I have dealt with them when I was trying to buy a property that I was going to pay for out right and they had to write me a letter to the real estate company letting them know I had enough to cover the cost and I went in and asked them for it and the bank manager wrote it and signed it himself with his contact info if needed. I have talked to them about potential loans if I needed them and they have been very accommodating as well. One of my favorite things is that most all the employees know me by name when I come in to the bank. That is a real great part of going to a small community bank. I small community bank knows most of their regular customers even if that customer does not have a ton of money with them.
|FDIC Certificate #||5442|
|Return on Assets - YTD||1.53%|
|Return on Equity - YTD||16.34%|
|Annual Interest Income||$6.8MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$577.7MM$548.3MM|
|Loans||Q1 2022vs Q1 2021||$442.6MM$394.4MM|
|Deposits||Q1 2022vs Q1 2021||$515.1MM$485.0MM|
|Equity Capital||Q1 2022vs Q1 2021||$53.5MM$53.9MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$9.8MM$9.0MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$7.0MM$1.6MM|
|Real Estate Owned||Q1 2022vs Q1 2021||$0$210.00K|
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|Platte Valley Bank Locations|
|Wheatland Branch||200 16th Street||Wheatland, WY 82201|
|Platte Valley Bank||2201 Main Street||Torrington, WY 82240|
|Casper Branch||3131 Sw Wyoming Blvd||Casper, WY 82604|
|North College Drive Branch||3310 North College Drive||Cheyenne, WY 82001|
|Tri-County Bank Branch||421 Vandehei Avenue||Cheyenne, WY 82003|
|Casper East Branch||5271 East Second Street||Casper, WY 82609|