The First National Bank of Hugo

The First National Bank of Hugo

Overview / Commentary
321 4th Street
Hugo, CO 80821

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.


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Health Grade Components

FDIC Certificate #3029
Year Established1903
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD7.15%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$148.6MM$148.3MM
LoansQ2 2022vs Q2 2021$75.3MM$67.1MM
DepositsQ2 2022vs Q2 2021$137.2MM$131.5MM
Equity CapitalQ2 2022vs Q2 2021$10.9MM$16.2MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.3MM$1.2MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$16.00K$66.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0

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The First National Bank of Hugo Locations
The First National Bank Of Hugo321 4th StHugo, CO 80821
First Mountain Bank Branch409 Harrison AvenueLeadville, CO 80461
Limon Branch981 2nd StreetLimon, CO 80828

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