Rocky Mountain Bank & Trust

Headquarters

101 E Main St
Florence, CO 81226
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.38% →
2-Year CD N.A. 4.95% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 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 $0.14 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 3019
Date Established 1900
Assets $ 142.36 million
Loans $ 54.46 million
Deposits $ 100.89 million
Capital $ 10.64 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 13, 2024

Your Current Location: Virginia, VA 20146


Loan Rates - July 13, 2024

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 2024

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Payment
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6.541% 6.375%
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$5,603 fees
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New American Funding, LLC.
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6.580% 6.490%
1.00 points
$3,002 fees
$2,021 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.616% 6.500%
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$3,855 fees
$2,023 Learn More
PADDIO
NMLS ID: 1907
6.812% 6.625%
1.00 points
$6,202 fees
$2,049 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.990 %
$0 Learn More
More Info

Note to Rocky Mountain Bank & Trust
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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



Climate Policy and Initiatives

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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
4.86% 3.96%

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, 2024, Rocky Mountain Bank & Trust had $556,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $10,642,000 in equity and $792,000 in loans loss reserves. That gives it a Texas Ratio of 4.86%.

Return on Equity
Rocky Mountain Bank & Trust U.S. Bank Average
16.82% 12.20%

Rocky Mountain Bank & Trust has a Return on Equity of 16.82% versus the BestCashCow average of 12.20%. 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
7.48% 10.76%

Rocky Mountain Bank & Trust has a Capitalization of 7.48% versus the BestCashCow average of 10.76. 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, 2023, Rocky Mountain Bank & Trust had assets of $142,361,000, loans of $54,463,000, and deposits of $100,891,000. 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, 2024
ASSETS
Cash & Balances due from depository institutions $ 33.35 million
Interest-bearing balances $ 32.28 million
Total securities $ 47.75 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 54.46 million
Loan loss allowance $ 0.79 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 3.70 million
     Total Assets $ 131.72 million
LIABILITIES
Total deposits $ 100.89 million
      Interest-bearing deposits $ 54.12 million
      Deposits held in domestic offices $ 100.89 million
      % insured (estimated) 74.62%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.96 million
      Total Liabilities $ 131.72 million
      Shareholders’ Equity $ 10.64 million

Summary Income Statement

December 31, 2024
INCOME AND EXPENSES
Total Interest Income $ 6.05 million
Total Interest Expense $ 1.46 million
Net interest income $ 4.58 million
Provision for loan and lease losses $ 0.20 million
Total non interest income $ 0.57 million
Total non interest expense $ 3.28 million
Pre-tax Net Operating Income $ 0.35 million

Bank Loan Profile?

The top three loan types in Rocky Mountain Bank & Trust’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Colorado, Rocky Mountain Bank & Trust has a significantly higher percent of Small Business Loans, 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 14.74
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.04
Small Business Loans 27.89
Construction and Development Loans 7.62
Commercial Real Estate 40.62
Commercial and Industrial Loans 23.00
Farm Loans 0.03

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