FirstBank of Denver

Headquarters

370 17th Street
Denver, CO 80202
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

FirstBank of Denver is an FDIC insured institution located in Denver, CO. It was founded in 1988 and has approximately $0.42 billion in assets.

FDIC Insured Yes
FDIC Certificate # 27225
Date Established 1988
Assets $ 421.30 million
Loans $ 278.04 million
Deposits $ 373.85 million
Capital $ 42.76 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for FirstBank of Denver

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.816% 2.750% 0.88 $2,132 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
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Note to FirstBank of Denver
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Branches

FirstBank of Denver 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:
Fairfield,Connecticut


FirstBank of Denver Locations


Financial Details

FirstBank of Denver Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of FirstBank of Denver. 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
FirstBank of Denver U.S. Bank Average
11.85% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, FirstBank of Denver had $2,616,000 in non-current loans and $3,091,000 in owned real estate. To cover these potential losses it had $42,757,000 in equity and $5,394,000 in loans loss reserves. That gives it a Texas Ratio of 11.85%.

Return on Equity
FirstBank of Denver U.S. Bank Average
12.42% 7.80%

FirstBank of Denver has a Return on Equity of 12.42% versus the BestCashCow average of 7.80%. 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
FirstBank of Denver U.S. Bank Average
10.15% 12.68%

FirstBank of Denver has a Capitalization of 10.15% versus the BestCashCow average of 12.68. 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.

FirstBank of Denver Balance Sheet Analysis

As of November 30, -0001, FirstBank of Denver had assets of $421,304,000, loans of $278,039,000, and deposits of $373,849,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 278.04 million
Loan loss allowance $ 5.39 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.09 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 373.85 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 421.30 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in FirstBank of Denver’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, FirstBank of Denver’s loan portfolio does not show any specific loan specialty.

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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Firstbank Of Denver

Branches and Savings

Is Firstbank Of Denver FDIC insured?

Yes. It is covered under FDIC Certificate #27225.

Why does Firstbank Of Denver pay such low interest on savings accounts?

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

Why are Firstbank Of Denver CD rates not competitive?

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

Is Firstbank Of Denver a commercial bank?

Yes

Where are Firstbank Of Denver locations?

See branch locations nearby.

Is Firstbank Of Denver open on Saturdays?

Is Firstbank Of Denver open on Sundays?

What time does Firstbank Of Denver open?

What time does Firstbank Of Denver close?

Are Firstbank Of Denver ATMs Open 24/7?

Do Firstbank Of Denver ATMs accept cash deposits?

Can Firstbank Of Denver customers use other ATMs?

Do Firstbank Of Denver branches have notaries?

Will Firstbank Of Denver notarize my document?

What address for Firstbank Of Denver should I put for incoming ACH transfers?

Will the Firstbank Of Denver branch print checks?

Do Firstbank Of Denver checks expire?

Does Firstbank Of Denver require US citizenship to open account?

Can Firstbank Of Denver close my account?

Does Firstbank Of Denver Report to credit bureaus?

Does Firstbank Of Denver Use Equifax?

What is Firstbank Of Denver's ACH Routing Number?

What is Firstbank Of Denver's SWIFT code?

Products

Does Firstbank Of Denver offer mortgages?

Compare mortgage rates here.

Does Firstbank Of Denver offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Firstbank Of Denver offer personal loans?

Compare personal loan rates here.

Does Firstbank Of Denver offer student loans?

Will Firstbank Of Denver cash a check?

Will Firstbank Of Denver redeem a savings bond?

Does Firstbank Of Denver cash savings bonds?

Will Firstbank Of Denver cash money orders?

Can Firstbank Of Denver issue a money order?

Does Firstbank Of Denver do currency exchange?

Background on The Bank

Who owns Firstbank Of Denver?

How long has Firstbank Of Denver been around?

Can Firstbank Of Denver transfer to other banks?

Does Firstbank Of Denver have quick pay?

Does Firstbank Of Denver accept rolled coins?

Will Firstbank Of Denver accept loose change?

Where is Firstbank Of Denver headquarters?

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