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 58th largest bank in the state of Colorado. It is also the 4,086th largest bank in the nation. It was established in 1903 and as of March of 2017, it had grown to 24 employees at 3 locations. The First National Bank of Hugo has an A+ health rating.
Health
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3029 |
| Year Established | 1903 |
| Employees | 24 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.13% |
| Return on Equity - YTD | 8.79% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $114.8MM$110.3MM |
| Loans | Q1 2017vs Q1 2016 | $55.8MM$61.2MM |
| Deposits | Q1 2017vs Q1 2016 | $98.5MM$94.1MM |
| Equity Capital | Q1 2017vs Q1 2016 | $14.8MM$14.2MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $1.0MM$1.0MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $253.00K$341.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $30.00K$240.00K |
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 |