First Pioneer National Bank

145 West Fourth Street
Wray, CO 80758

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 3063
Date Established 1902
Assets $0.18 billion
Loans $0.11 billion
Deposits $0.15 billion
Capital $0.02 billion

First Pioneer National Bank is an FDIC insured institution located in Wray, CO. It was founded in 1902 and has approximately $0.18 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of First Pioneer National Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in First Pioneer National Bank’s loan portfolio are Farm Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Colorado, First Pioneer National Bank has a significantly higher percent of Farm Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 4.47
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 3.13
Small Business Loans 4.34
Construction and Development Loans 2.65
Commercial Real Estate 5.80
Commercial and Industrial Loans 3.66
Farm Loans 34.04

Deposit Rates - December 19, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $2,500 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $10,000 $49,999 Learn MoreShow Less
3 Mo CD
0.65% $100,000 $249,999 Learn MoreShow Less
6 Mo CD
0.65% $10,000 $49,999 Learn MoreShow Less
6 Mo CD
0.80% $100,000 $249,999 Learn MoreShow Less
12 Mo CD
1.01% $10,000 $49,999 Learn MoreShow Less
12 Mo CD
1.26% $100,000 $249,999 Learn MoreShow Less
18 Mo CD
1.11% $10,000 $49,999 Learn MoreShow Less
18 Mo CD
1.36% $100,000 $249,999 Learn MoreShow Less
24 Mo CD
1.16% $10,000 $49,999 Learn MoreShow Less
24 Mo CD
1.41% $100,000 $249,999 Learn MoreShow Less
30 Mo CD
1.21% $10,000 $49,999 Learn MoreShow Less
30 Mo CD
1.46% $100,000 $249,999 Learn MoreShow Less
36 Mo CD
1.51% $10,000 $49,999 Learn MoreShow Less
36 Mo CD
1.77% $100,000 $249,999 Learn MoreShow Less
48 Mo CD
1.82% $10,000 $49,999 Learn MoreShow Less
48 Mo CD
2.07% $100,000 $249,999 Learn MoreShow Less
60 Mo CD
1.87% $10,000 $49,999 Learn MoreShow Less
60 Mo CD
2.12% $100,000 $249,999 Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.16% $2,500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - December 19, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Pioneer National Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
4.523% 4.500% 0.25 $675 $1,267 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More

Note to First Pioneer National Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

First Pioneer National Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


First Pioneer National Bank Locations

Financial Details

First Pioneer National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Pioneer National Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Pioneer National Bank U.S. Bank Average
0.14% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, First Pioneer National Bank had $36,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $23,645,000 in equity and $1,553,000 in loans loss reserves. That gives it a Texas Ratio of 0.14%.

Return on Equity
First Pioneer National Bank U.S. Bank Average
9.42% 9.77%

First Pioneer National Bank has a Return on Equity of 9.42% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Pioneer National Bank U.S. Bank Average
13.22% 12.31%

First Pioneer National Bank has a Capitalization of 13.22% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Pioneer National Bank Balance Sheet Analysis

As of June 30, 2018, First Pioneer National Bank had assets of $178,844,000, loans of $105,377,000, and deposits of $151,446,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.05 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.11 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.16 billion
LIABILITIES
Total deposits $0.15 billion
      Interest-bearing deposits $0.11 billion
      Deposits held in domestic offices $0.15 billion
      % insured (estimated) 72.88%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.16 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About First Pioneer National Bank

Branches and Savings

Is First Pioneer National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #3063.

Why does First Pioneer National Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Pioneer National Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Pioneer National Bank a commercial bank?

Yes

Where are First Pioneer National Bank locations?

See branch locations nearby.

Is First Pioneer National Bank open on Saturdays?

Is First Pioneer National Bank open on Sundays?

What time does First Pioneer National Bank open?

What time does First Pioneer National Bank close?

Are First Pioneer National Bank ATMs Open 24/7?

Do First Pioneer National Bank ATMs accept cash deposits?

Can First Pioneer National Bank customers use other ATMs?

Do First Pioneer National Bank branches have notaries?

Will First Pioneer National Bank notarize my document?

What address for First Pioneer National Bank should I put for incoming ACH transfers?

Will the First Pioneer National Bank branch print checks?

Do First Pioneer National Bank checks expire?

Does First Pioneer National Bank require US citizenship to open account?

Can First Pioneer National Bank close my account?

Does First Pioneer National Bank Report to credit bureaus?

Does First Pioneer National Bank Use Equifax?

What is First Pioneer National Bank's ACH Routing Number?

What is First Pioneer National Bank's SWIFT code?

Products

Does First Pioneer National Bank offer mortgages?

Compare mortgage rates here.

Does First Pioneer National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Pioneer National Bank offer personal loans?

Compare personal loan rates here.

Does First Pioneer National Bank offer student loans?

Will First Pioneer National Bank cash a check?

Will First Pioneer National Bank redeem a savings bond?

Does First Pioneer National Bank cash savings bonds?

Will First Pioneer National Bank cash money orders?

Can First Pioneer National Bank issue a money order?

Does First Pioneer National Bank do currency exchange?

Background on The Bank

Who owns First Pioneer National Bank?

How long has First Pioneer National Bank been around?

Can First Pioneer National Bank transfer to other banks?

Does First Pioneer National Bank have quick pay?

Does First Pioneer National Bank accept rolled coins?

Will First Pioneer National Bank accept loose change?

Where is First Pioneer National Bank headquarters?

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*All images, logos and public notes on this page appear courtesy of First Pioneer National Bank and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.