The First National Bank of Hugo is headquartered in Hugo and is the 54th largest bank in the state of Colorado. It is also the 3,522nd largest bank in the nation. It was established in 1903 and as of June of 2022, it had grown to 27 employees at 3 locations. The First National Bank of Hugo has an A health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 3029 |
| Year Established | 1903 |
| Employees | 27 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.63% |
| Return on Equity - YTD | 7.15% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $148.6MM$148.3MM |
| Loans | Q2 2022vs Q2 2021 | $75.3MM$67.1MM |
| Deposits | Q2 2022vs Q2 2021 | $137.2MM$131.5MM |
| Equity Capital | Q2 2022vs Q2 2021 | $10.9MM$16.2MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.3MM$1.2MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $16.00K$66.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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| The First National Bank of Hugo Locations | ||
|---|---|---|
| The First National Bank Of Hugo | 321 4th St | Hugo, CO 80821 |
| First Mountain Bank Branch | 409 Harrison Avenue | Leadville, CO 80461 |
| Limon Branch | 981 2nd Street | Limon, CO 80828 |