The Bank of Denver

Headquarters

810 East 17th Avenue
Denver, CO 80218
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.40% →
1-Year CD 0.25% 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 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

The Bank of Denver is an FDIC insured institution located in Denver, CO. It was founded in 1941 and has approximately $0.24 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 17244
Date Established 1941
Assets $ 237.28 million
Loans $ 148.71 million
Deposits $ 213.18 million
Capital $ 23.68 million
 

For a more detailed analysis of The Bank of Denver'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
0.15% $100 - Learn More
Money Market
0.15% $1 $9,999 Learn More
Money Market
0.20% $10,000 $24,999 Learn More
Money Market
0.25% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $95,000 - Learn More
6 Mo CD
0.25% $95,000 - Learn More
12 Mo CD
0.25% $1,000 $94,999 Learn More
12 Mo CD
0.25% $95,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.25% $100 - Learn MoreShow Less

Loan Rates - July 5, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Bank of Denver

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 The Bank of Denver
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Branches

The Bank 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:
Ashburn,Virginia


The Bank of Denver Locations


Financial Details

The Bank of Denver Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Bank 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
The Bank of Denver U.S. Bank Average
1.29% 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, The Bank of Denver had $327,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $23,677,000 in equity and $1,669,000 in loans loss reserves. That gives it a Texas Ratio of 1.29%.

Return on Equity
The Bank of Denver U.S. Bank Average
10.85% 9.41%

The Bank of Denver has a Return on Equity of 10.85% 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
The Bank of Denver U.S. Bank Average
9.98% 12.82%

The Bank of Denver has a Capitalization of 9.98% 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.

The Bank of Denver Balance Sheet Analysis

As of December 31, 2019, The Bank of Denver had assets of $237,277,000, loans of $148,707,000, and deposits of $213,184,000. 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 $ 18.19 million
Interest-bearing balances $ 14.00 million
Total securities $ 51.39 million
Federal funds sold and reverse repurchase $ 10.00 million
Net loans and leases $ 148.71 million
Loan loss allowance $ 1.67 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 $ 3.22 million
     Total Assets $ 213.60 million
LIABILITIES
Total deposits $ 213.18 million
      Interest-bearing deposits $ 145.02 million
      Deposits held in domestic offices $ 213.18 million
      % insured (estimated) 64.49%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.42 million
      Total Liabilities $ 213.60 million
      Shareholders’ Equity $ 23.68 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 11.35 million
Total Interest Expense $ 1.06 million
Net interest income $ 10.29 million
Provision for loan and lease losses $ 0.47 million
Total non interest income $ 0.61 million
Total non interest expense $ 7.18 million
Pre-tax Net Operating Income $ 3.25 million

Bank Loan Profile?

The top three loan types in The Bank of Denver’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Colorado, The Bank of Denver has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate 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 19.59
Multifamily
Mortgages
10.15
Credit Card Loans 0.00
Consumer Auto Loans 9.17
Small Business Loans 23.37
Construction and Development Loans 3.62
Commercial Real Estate 56.85
Commercial and Industrial Loans 1.27
Farm Loans 0.00

Frequently Asked Questions About The Bank Of Denver

Branches and Savings

Is The Bank Of Denver FDIC insured?

Yes. It is covered under FDIC Certificate #17244.

Why does The Bank 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 The Bank Of Denver CD rates not competitive?

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

Is The Bank Of Denver a commercial bank?

Yes

Where are The Bank Of Denver locations?

See branch locations nearby.

Is The Bank Of Denver open on Saturdays?

Is The Bank Of Denver open on Sundays?

What time does The Bank Of Denver open?

What time does The Bank Of Denver close?

Are The Bank Of Denver ATMs Open 24/7?

Do The Bank Of Denver ATMs accept cash deposits?

Can The Bank Of Denver customers use other ATMs?

Do The Bank Of Denver branches have notaries?

Will The Bank Of Denver notarize my document?

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

Will the The Bank Of Denver branch print checks?

Do The Bank Of Denver checks expire?

Does The Bank Of Denver require US citizenship to open account?

Can The Bank Of Denver close my account?

Does The Bank Of Denver Report to credit bureaus?

Does The Bank Of Denver Use Equifax?

What is The Bank Of Denver's ACH Routing Number?

What is The Bank Of Denver's SWIFT code?

Products

Does The Bank Of Denver offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does The Bank Of Denver offer personal loans?

Compare personal loan rates here.

Does The Bank Of Denver offer student loans?

Will The Bank Of Denver cash a check?

Will The Bank Of Denver redeem a savings bond?

Does The Bank Of Denver cash savings bonds?

Will The Bank Of Denver cash money orders?

Can The Bank Of Denver issue a money order?

Does The Bank Of Denver do currency exchange?

Background on The Bank

Who owns The Bank Of Denver?

How long has The Bank Of Denver been around?

Can The Bank Of Denver transfer to other banks?

Does The Bank Of Denver have quick pay?

Does The Bank Of Denver accept rolled coins?

Will The Bank Of Denver accept loose change?

Where is The Bank Of Denver headquarters?

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