The First National Bank of Hugo
The First National Bank of Hugo
Overview / Commentary
The First National Bank of Hugo is headquartered in Hugo and is the 62nd largest bank in the state of Colorado. It is also the 4,160th largest bank in the nation. It was established in 1903 and as of June of 2016, it had grown to 23 employees at 3 locations. The First National Bank of Hugo has an A health rating.
Health
A
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3029 |
| Year Established | 1903 |
| Employees | 23 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 8.93% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $113.4MM$112.1MM |
| Loans | Q2 2016vs Q2 2015 | $58.7MM$59.6MM |
| Deposits | Q2 2016vs Q2 2015 | $96.9MM$95.8MM |
| Equity Capital | Q2 2016vs Q2 2015 | $14.5MM$13.9MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $1.0MM$991.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $1.3MM$574.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $30.00K$283.00K |
Rates
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Locations
| The First National Bank of Hugo Locations | ||
|---|---|---|
| The First National Bank Of Hugo | 321 4th Street | Hugo, CO 80821 |
| First Mountain Bank Branch | 409 Harrison Avenue | Leadville, CO 80461 |
| Limon Branch | 981 2nd Street | Limon, CO 80828 |