Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Other Rating Factors:
A current level of 1.6 percent of nonperforming loans to core capital combined with 1.5 percent from a year earlier contributes to the Excellent asset quality (8.4). Good current capitalization (6.5 on a scale of 0 to 10) based on a risk-based capital ratio of 12.6 and a capital leverage ratio of 8.5.
Asset Mix:
Comm re (31%), home mtgs (29%), securities (15%), comm loans (7%), cash (3%), consumer loans (2%), other (12%)
States with Branches:
CO, UT
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Fortis Bancorp
Investment Rating
--
Address
1550 17th Street
Denver, CO 80202
Denver, CO 80202
Phone Number
(720) 616-4000
Year Founded
1997
FDIC Number
Website
Largest Affiliates
No affiliate information available.