First State Bank of Colorado

102 East Bridge Street
Hotchkiss, CO 81419

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 12373
Date Established 1930
Assets $0.24 billion
Loans $0.15 billion
Deposits $0.21 billion
Capital $0.03 billion

First State Bank of Colorado is an FDIC insured institution located in Hotchkiss, CO. It was founded in 1930 and has approximately $0.24 billion in assets. Customers can open an account at one of its 7 branches.

For a more detailed analysis of First State Bank of Colorado'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 State Bank of Colorado’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Colorado, First State Bank of Colorado has a significantly higher percent of Construction and Development 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 25.08
Multifamily
Mortgages
2.92
Credit Card Loans 0.00
Consumer Auto Loans 0.34
Small Business Loans 23.16
Construction and Development Loans 19.07
Commercial Real Estate 37.65
Commercial and Industrial Loans 5.91
Farm Loans 4.88

Deposit Rates - May 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,500 $25,000 Learn MoreShow Less
Money Market
0.20% $25,001 $50,000 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn MoreShow Less
3 Mo CD
0.20% $1,000 - Learn MoreShow Less
6 Mo CD
0.35% $1,000 - Learn MoreShow Less
6 Mo CD
0.30% $1,000 - Learn MoreShow Less
12 Mo CD
0.45% $1,000 - Learn MoreShow Less
12 Mo CD
0.50% $1,000 - Learn MoreShow Less
18 Mo CD
0.50% $1,000 - Learn MoreShow Less
18 Mo CD
0.60% $1,000 - Learn MoreShow Less
24 Mo CD
0.55% $1,000 - Learn MoreShow Less
24 Mo CD
0.70% $1,000 - Learn MoreShow Less
30 Mo CD
0.80% $1,000 - Learn MoreShow Less
30 Mo CD
0.60% $1,000 - Learn MoreShow Less
36 Mo CD
0.95% $1,000 - Learn MoreShow Less
36 Mo CD
0.70% $1,000 - Learn MoreShow Less
48 Mo CD
1.16% $1,000 - Learn MoreShow Less
48 Mo CD
0.80% $1,000 - Learn MoreShow Less
60 Mo CD
1.26% $1,000 - Learn MoreShow Less
60 Mo CD
1.16% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.45% $1,000 - Learn MoreShow Less
Fixed IRA
0.50% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $1,000 - Learn MoreShow Less
Var IRA
0.45% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $1,000 - Learn MoreShow Less

Loan Rates - May 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First State Bank of Colorado

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
3.905% 3.875% 0.38 $900 $1,176 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

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

Branches

First State Bank of Colorado 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 State Bank of Colorado Locations


Financial Details

First State Bank of Colorado Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First State Bank of Colorado. 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 State Bank of Colorado U.S. Bank Average
4.21% 6.97%

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 December 31, 2018, First State Bank of Colorado had $950,000 in non-current loans and $299,000 in owned real estate. To cover these potential losses it had $28,697,000 in equity and $990,000 in loans loss reserves. That gives it a Texas Ratio of 4.21%.

Return on Equity
First State Bank of Colorado U.S. Bank Average
8.74% 8.80%

First State Bank of Colorado has a Return on Equity of 8.74% versus the BestCashCow average of 8.80%. 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 State Bank of Colorado U.S. Bank Average
12.06% 12.29%

First State Bank of Colorado has a Capitalization of 12.06% versus the BestCashCow average of 12.29. 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 State Bank of Colorado Balance Sheet Analysis

As of December 31, 2018, First State Bank of Colorado had assets of $237,917,000, loans of $151,027,000, and deposits of $208,179,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.04 billion
Interest-bearing balances $0.03 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.15 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 $0.21 billion
LIABILITIES
Total deposits $0.21 billion
      Interest-bearing deposits $0.13 billion
      Deposits held in domestic offices $0.21 billion
      % insured (estimated) 86.62%
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 $0.21 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About First State Bank Of Colorado

Branches and Savings

Is First State Bank Of Colorado FDIC insured?

Yes. It is covered under FDIC Certificate #12373.

Why does First State Bank Of Colorado pay such low interest on savings accounts?

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

Why are First State Bank Of Colorado CD rates not competitive?

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

Is First State Bank Of Colorado a commercial bank?

Yes

Where are First State Bank Of Colorado locations?

See branch locations nearby.

Is First State Bank Of Colorado open on Saturdays?

Is First State Bank Of Colorado open on Sundays?

What time does First State Bank Of Colorado open?

What time does First State Bank Of Colorado close?

Are First State Bank Of Colorado ATMs Open 24/7?

Do First State Bank Of Colorado ATMs accept cash deposits?

Can First State Bank Of Colorado customers use other ATMs?

Do First State Bank Of Colorado branches have notaries?

Will First State Bank Of Colorado notarize my document?

What address for First State Bank Of Colorado should I put for incoming ACH transfers?

Will the First State Bank Of Colorado branch print checks?

Do First State Bank Of Colorado checks expire?

Does First State Bank Of Colorado require US citizenship to open account?

Can First State Bank Of Colorado close my account?

Does First State Bank Of Colorado Report to credit bureaus?

Does First State Bank Of Colorado Use Equifax?

What is First State Bank Of Colorado's ACH Routing Number?

What is First State Bank Of Colorado's SWIFT code?

Products

Does First State Bank Of Colorado offer mortgages?

Compare mortgage rates here.

Does First State Bank Of Colorado offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First State Bank Of Colorado offer personal loans?

Compare personal loan rates here.

Does First State Bank Of Colorado offer student loans?

Will First State Bank Of Colorado cash a check?

Will First State Bank Of Colorado redeem a savings bond?

Does First State Bank Of Colorado cash savings bonds?

Will First State Bank Of Colorado cash money orders?

Can First State Bank Of Colorado issue a money order?

Does First State Bank Of Colorado do currency exchange?

Background on The Bank

Who owns First State Bank Of Colorado?

How long has First State Bank Of Colorado been around?

Can First State Bank Of Colorado transfer to other banks?

Does First State Bank Of Colorado have quick pay?

Does First State Bank Of Colorado accept rolled coins?

Will First State Bank Of Colorado accept loose change?

Where is First State Bank Of Colorado headquarters?

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