Frontier Bank

200 South Main
Lamar, CO 81052

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 14730
Date Established 1934
Assets $0.31 billion
Loans $0.15 billion
Deposits $0.27 billion
Capital $0.03 billion

Frontier Bank is an FDIC insured institution located in Lamar, CO. It was founded in 1934 and has approximately $0.31 billion in assets. Customers can open an account at one of its 8 branches.

For a more detailed analysis of Frontier 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 Frontier Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Farm Loans.

Compared to other banks, Frontier Bank’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 19.25
Multifamily
Mortgages
0.48
Credit Card Loans 0.00
Consumer Auto Loans 0.27
Small Business Loans 6.79
Construction and Development Loans 0.38
Commercial Real Estate 20.17
Commercial and Industrial Loans 3.75
Farm Loans 16.87

Deposit Rates - October 15, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.85% $1,000 - Learn MoreShow Less
Premium Money Market Account
0.95% $10,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.95% $100 $24,999 Learn MoreShow Less
3 Mo CD
1.00% $25,000 - Learn MoreShow Less
6 Mo CD
1.35% $100 $24,999 Learn MoreShow Less
6 Mo CD
1.40% $25,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.65% $100 $24,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.70% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.30% $1,000 - Learn MoreShow Less

Loan Rates - October 15, 2018

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Frontier 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


Frontier Bank Locations

Financial Details

Frontier Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Frontier 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
Frontier Bank U.S. Bank Average
0% 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, Frontier Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $30,707,000 in equity and $3,855,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Frontier Bank U.S. Bank Average
19.49% 9.77%

Frontier Bank has a Return on Equity of 19.49% 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
Frontier Bank U.S. Bank Average
10.04% 12.31%

Frontier Bank has a Capitalization of 10.04% 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.

Frontier Bank Balance Sheet Analysis

As of June 30, 2018, Frontier Bank had assets of $305,708,000, loans of $153,799,000, and deposits of $274,733,000. 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 $0.12 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 $0.28 billion
LIABILITIES
Total deposits $0.27 billion
      Interest-bearing deposits $0.21 billion
      Deposits held in domestic offices $0.27 billion
      % insured (estimated) 70.27%
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 $0.28 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

June 30, 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 $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Frontier Bank

Branches and Savings

Is Frontier Bank FDIC insured?

Yes. It is covered under FDIC Certificate #14730.

Why does Frontier Bank pay such low interest on savings accounts?

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

Why are Frontier Bank CD rates not competitive?

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

Is Frontier Bank a commercial bank?

Yes

Where are Frontier Bank locations?

See branch locations nearby.

Is Frontier Bank open on Saturdays?

Is Frontier Bank open on Sundays?

What time does Frontier Bank open?

What time does Frontier Bank close?

Are Frontier Bank ATMs Open 24/7?

Do Frontier Bank ATMs accept cash deposits?

Can Frontier Bank customers use other ATMs?

Do Frontier Bank branches have notaries?

Will Frontier Bank notarize my document?

What address for Frontier Bank should I put for incoming ACH transfers?

Will the Frontier Bank branch print checks?

Do Frontier Bank checks expire?

Does Frontier Bank require US citizenship to open account?

Can Frontier Bank close my account?

Does Frontier Bank Report to credit bureaus?

Does Frontier Bank Use Equifax?

What is Frontier Bank's ACH Routing Number?

What is Frontier Bank's SWIFT code?

Products

Does Frontier Bank offer mortgages?

Compare mortgage rates here.

Does Frontier Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Frontier Bank offer personal loans?

Compare personal loan rates here.

Does Frontier Bank offer student loans?

Will Frontier Bank cash a check?

Will Frontier Bank redeem a savings bond?

Does Frontier Bank cash savings bonds?

Will Frontier Bank cash money orders?

Can Frontier Bank issue a money order?

Does Frontier Bank do currency exchange?

Background on The Bank

Who owns Frontier Bank?

How long has Frontier Bank been around?

Can Frontier Bank transfer to other banks?

Does Frontier Bank have quick pay?

Does Frontier Bank accept rolled coins?

Will Frontier Bank accept loose change?

Where is Frontier Bank headquarters?

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