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Overview / Commentary
321 4th Street
Hugo, CO 80821

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.


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Health Grade Components

FDIC Certificate #3029
Year Established1903
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD8.79%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$114.8MM$110.3MM
LoansQ1 2017vs Q1 2016$55.8MM$61.2MM
DepositsQ1 2017vs Q1 2016$98.5MM$94.1MM
Equity CapitalQ1 2017vs Q1 2016$14.8MM$14.2MM
Loan Loss AllowanceQ1 2017vs Q1 2016$1.0MM$1.0MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$253.00K$341.00K
Real Estate OwnedQ1 2017vs Q1 2016$30.00K$240.00K

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