Rocky Mountain Bank & Trust

Headquarters

101 East Main Street
Florence, CO 81226
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.40% →
1-Year CD 0.45% 1.15% →
2-Year CD 0.70% 1.26% →
5-Year CD 1.00% 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Rocky Mountain Bank & Trust is an FDIC insured institution located in Florence, CO. It was founded in 1900 and has approximately $0.07 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 3019
Date Established 1900
Assets $ 73.90 million
Loans $ 41.96 million
Deposits $ 65.59 million
Capital $ 7.87 million
 

For a more detailed analysis of Rocky Mountain Bank & Trust's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 5, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $1 - Learn More
Money Market
0.10% $1 $24,999 Learn More
Money Market
0.25% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
Special: CD
0.00% $0 - Learn More
3 Mo CD
0.10% $10,000 $24,999 Learn More
3 Mo CD
0.20% $100,000 - Learn More
6 Mo CD
0.20% $10,000 $24,999 Learn More
6 Mo CD
0.25% $100,000 - Learn More
12 Mo CD
0.40% $10,000 $24,999 Learn More
12 Mo CD
0.45% $100,000 - Learn More
18 Mo CD
0.45% $10,000 $24,999 Learn More
18 Mo CD
0.60% $100,000 - Learn More
24 Mo CD
0.50% $10,000 $24,999 Learn More
24 Mo CD
0.70% $100,000 - Learn More
36 Mo CD
0.55% $10,000 $24,999 Learn More
36 Mo CD
0.75% $100,000 - Learn More
48 Mo CD
0.60% $10,000 $24,999 Learn More
48 Mo CD
0.75% $100,000 - Learn More
60 Mo CD
0.80% $10,000 $24,999 Learn More
60 Mo CD
1.00% $100,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.30% $2,500 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1 $2,499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - July 5, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Rocky Mountain Bank & Trust

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to Rocky Mountain Bank & Trust
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Rocky Mountain Bank & Trust 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


Rocky Mountain Bank & Trust Locations


Financial Details

Rocky Mountain Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Rocky Mountain Bank & Trust. 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
Rocky Mountain Bank & Trust U.S. Bank Average
1.58% 6.51%

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 December 31, 2019, Rocky Mountain Bank & Trust had $133,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,868,000 in equity and $545,000 in loans loss reserves. That gives it a Texas Ratio of 1.58%.

Return on Equity
Rocky Mountain Bank & Trust U.S. Bank Average
17.72% 9.41%

Rocky Mountain Bank & Trust has a Return on Equity of 17.72% versus the BestCashCow average of 9.41%. 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
Rocky Mountain Bank & Trust U.S. Bank Average
10.65% 12.82%

Rocky Mountain Bank & Trust has a Capitalization of 10.65% versus the BestCashCow average of 12.82. 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.

Rocky Mountain Bank & Trust Balance Sheet Analysis

As of December 31, 2019, Rocky Mountain Bank & Trust had assets of $73,895,000, loans of $41,957,000, and deposits of $65,585,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $ 10.16 million
Interest-bearing balances $ 9.22 million
Total securities $ 17.13 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 41.96 million
Loan loss allowance $ 0.55 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.07 million
All other assets $ 2.41 million
     Total Assets $ 66.03 million
LIABILITIES
Total deposits $ 65.59 million
      Interest-bearing deposits $ 42.48 million
      Deposits held in domestic offices $ 65.59 million
      % insured (estimated) 82.61%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.44 million
      Total Liabilities $ 66.03 million
      Shareholders’ Equity $ 7.87 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 3.30 million
Total Interest Expense $ 0.29 million
Net interest income $ 3.01 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.84 million
Total non interest expense $ 2.82 million
Pre-tax Net Operating Income $ 1.10 million

Bank Loan Profile?

The top three loan types in Rocky Mountain Bank & Trust’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Colorado, Rocky Mountain Bank & Trust has a significantly higher percent of Commercial and Industrial 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 29.21
Multifamily
Mortgages
1.32
Credit Card Loans 0.00
Consumer Auto Loans 0.09
Small Business Loans 16.76
Construction and Development Loans 8.51
Commercial Real Estate 26.98
Commercial and Industrial Loans 32.05
Farm Loans 0.00

Frequently Asked Questions About Rocky Mountain Bank & Trust

Branches and Savings

Is Rocky Mountain Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #3019.

Why does Rocky Mountain Bank & Trust pay such low interest on savings accounts?

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

Why are Rocky Mountain Bank & Trust CD rates not competitive?

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

Is Rocky Mountain Bank & Trust a commercial bank?

Yes

Where are Rocky Mountain Bank & Trust locations?

See branch locations nearby.

Is Rocky Mountain Bank & Trust open on Saturdays?

Is Rocky Mountain Bank & Trust open on Sundays?

What time does Rocky Mountain Bank & Trust open?

What time does Rocky Mountain Bank & Trust close?

Are Rocky Mountain Bank & Trust ATMs Open 24/7?

Do Rocky Mountain Bank & Trust ATMs accept cash deposits?

Can Rocky Mountain Bank & Trust customers use other ATMs?

Do Rocky Mountain Bank & Trust branches have notaries?

Will Rocky Mountain Bank & Trust notarize my document?

What address for Rocky Mountain Bank & Trust should I put for incoming ACH transfers?

Will the Rocky Mountain Bank & Trust branch print checks?

Do Rocky Mountain Bank & Trust checks expire?

Does Rocky Mountain Bank & Trust require US citizenship to open account?

Can Rocky Mountain Bank & Trust close my account?

Does Rocky Mountain Bank & Trust Report to credit bureaus?

Does Rocky Mountain Bank & Trust Use Equifax?

What is Rocky Mountain Bank & Trust's ACH Routing Number?

What is Rocky Mountain Bank & Trust's SWIFT code?

Products

Does Rocky Mountain Bank & Trust offer mortgages?

Compare mortgage rates here.

Does Rocky Mountain Bank & Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Rocky Mountain Bank & Trust offer personal loans?

Compare personal loan rates here.

Does Rocky Mountain Bank & Trust offer student loans?

Will Rocky Mountain Bank & Trust cash a check?

Will Rocky Mountain Bank & Trust redeem a savings bond?

Does Rocky Mountain Bank & Trust cash savings bonds?

Will Rocky Mountain Bank & Trust cash money orders?

Can Rocky Mountain Bank & Trust issue a money order?

Does Rocky Mountain Bank & Trust do currency exchange?

Background on The Bank

Who owns Rocky Mountain Bank & Trust?

How long has Rocky Mountain Bank & Trust been around?

Can Rocky Mountain Bank & Trust transfer to other banks?

Does Rocky Mountain Bank & Trust have quick pay?

Does Rocky Mountain Bank & Trust accept rolled coins?

Will Rocky Mountain Bank & Trust accept loose change?

Where is Rocky Mountain Bank & Trust headquarters?

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