# FIRST COLORADO NATIONAL BANK
PAONIA, CO · FDIC certificate 3047 · asset band <$300M · latest filing 2024-03 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $84.5M | |
| Deposits | $73.5M | |
| Loans and leases | $59.0M | |
| Total equity | $10.4M | |
| Loans / deposits | 79.13% (p65 of band) | 70.19% |
| Liquid assets / assets | 24.09% (p27 of band) | |
| Uninsured deposits / deposits | 14.44% (p32 of band) | 18.94% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p38 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.55% (p63 of band) | 11.30% |
| Unrealized securities loss / equity | 0.00% (p96 of band) | -16.70% |
| AOCI / equity | 0.00% (p75 of band) | |
| ROA (annualized) | 0.88% (p51 of band) | 0.87% |
| Net interest margin | 3.76% (p62 of band) | 3.46% |
| Efficiency ratio | 80.96% (p69 of band) | |
| Noncurrent loans | 0.00% (p13 of band) | 0.25% |
| Net charge-offs (annualized) | 0.00% (p19 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 99% | |
| Construction % of loans | 56.54% (p78 of band) | |
| Auto loans | $158,000 (0.27% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.3% | |
| Employees | 19 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 1 |  | reserve under noncurrent |
| 2011-12 | 2 | reserve under noncurrent |  |
| 2012-03 | 7 | losing money, expense ratio p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 7 |  |  |
| 2012-09 | 7 |  |  |
| 2012-12 | 3 |  | losing money, expense ratio p90, deposits shrinking, assets shrinking |
| 2013-03 | 4 | losing money, expense ratio p90, deposits shrinking | reserve under noncurrent, uninsured deposits leaving |
| 2013-06 | 4 | loans exceed deposits, liquid assets <10%, reserve under noncurrent | losing money, expense ratio p90, deposits shrinking |
| 2013-09 | 1 |  | loans exceed deposits, liquid assets <10%, reserve under noncurrent |
| 2013-12 | 3 | liquid assets <10%, uninsured deposits leaving |  |
| 2014-03 | 2 | losing money, expense ratio p90 | charge-offs p90, liquid assets <10%, uninsured deposits leaving |
| 2014-06 | 3 | liquid assets <10%, charge-offs p90, reserve under noncurrent | losing money, expense ratio p90 |
| 2014-09 | 1 |  | liquid assets <10%, reserve under noncurrent |
| 2014-12 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2015-03 | 4 | capital falling |  |
| 2015-06 | 2 |  | charge-offs p90, capital falling |
| 2015-09 | 3 | charge-offs p90 |  |
| 2015-12 | 4 | brokered >10%, capital falling | loans exceed deposits |
| 2016-03 | 5 | loans exceed deposits |  |
| 2016-06 | 1 |  | liquid assets <10%, brokered >10%, capital falling, loans exceed deposits |
| 2016-09 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2016-12 | 1 |  | loans exceed deposits, liquid assets <10% |
| 2017-03 | 4 | losing money, expense ratio p90, uninsured deposits leaving |  |
| 2017-06 | 1 |  | charge-offs p90, losing money, expense ratio p90 |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | uninsured deposits leaving |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 3 | capital falling, noncurrent p90, reserve under noncurrent |  |
| 2019-06 | 0 |  | capital falling, noncurrent p90, reserve under noncurrent |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | expense ratio p90 |  |
| 2020-03 | 3 | losing money, NIM <2.5% |  |
| 2020-06 | 4 | capital falling |  |
| 2020-09 | 4 |  |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 |  |  |
| 2021-06 | 4 |  |  |
| 2021-09 | 3 |  | capital falling |
| 2021-12 | 3 |  |  |
| 2022-03 | 2 | assets shrinking | losing money, NIM <2.5% |
| 2022-06 | 3 | deposits shrinking, uninsured deposits leaving | expense ratio p90 |
| 2022-09 | 2 | expense ratio p90, construction >100% equity | assets shrinking, deposits shrinking, uninsured deposits leaving |
| 2022-12 | 1 | liquid assets <10% | expense ratio p90, construction >100% equity |
| 2023-03 | 2 | deposits shrinking |  |
| 2023-06 | 2 | assets shrinking | liquid assets <10% |
| 2023-09 | 2 |  |  |
| 2023-12 | 0 |  | deposits shrinking, assets shrinking |
| 2024-03 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2019-07-22 [How one bank plans to grow its SBA lending program in Colorado - The Business Journals](https://news.google.com/rss/articles/CBMilAFBVV95cUxOb05WaWdxYnBONDNHRzUzVTN2YnJ3bHR1T3d4V3V1eVluYmx5anBwb3hZLVZJYWhvZ0Z2c3RESDhNNFNQbEJ2X1lBdXFPU2pzcnNjZUY1ZVE0RlRTSlgyRlRqY2R4NjBWaHVISmloaHJxU1I2Mk1KYmxZMkcwa2RiTG45RjNCVGxSdE1XaDVwZm13ZTRa?oc=5) · The Business Journals
- 2019-09-06 [CiviCO and CMU announce launch of Leadership Academy and western Colorado cohort - coloradomesa.edu](https://news.google.com/rss/articles/CBMixAFBVV95cUxPVVNJQ1NYeTNKNlA4WDZZZ2N4SXJGRWhLbGd0TTVYeEJSVmF3SFhCekJFdVRzVXJ4Uk94ZGFTcVI1eE5CUldsQm0td3NFQmFUeUNoNjVwb3RKaldGcEw1X0Y3c1BQMmZpT0R5MExhMVBITDlDYnpHaUtDSVBwbDhjb05lckFOMWJpU3hDQmZ2ckwyREpOaGpaWUh4S3FYZ0VoMEctWWxOdnAwMkVSb2Zybkk5NktXUlNYMk5aNGJpWkROTG5T?oc=5) · coloradomesa.edu
- 2023-11-06 [Pamela Kaye Atwood Obituary Nov 6, 2023 - Brown's Cremation & Funeral Service](https://news.google.com/rss/articles/CBMicEFVX3lxTE5WS0RLMkMxazNUR0VESjFDLU5ZNUhMSnQtSldYeW5QcFRyUUxuQ1piTjVQZ1JLTF9oTS1VM1ZyV1U2LWFDLW55emVvWWhxc1VqT1h1VGRMZzdrdmlsUXF1UjRPNVRldGZPOElBbGtzR2c?oc=5) · Brown's Cremation &amp; Funeral Service
- 2024-07-02 [OakStar Bank installs new CEO - Springfield Business Journal](https://news.google.com/rss/articles/CBMia0FVX3lxTE9VWTgxd0s1UlVBcDMtU1FUTWlBcFV6bF9PelREYkVuUVZtN3R0YjRtSmk3dzJkR2lpaHZnSHFTSUVVZng1U204QmkzQ3dvZnllWHZZdWJpLUV6M0NDMmNCdWxNdVVKYTdsZGJR?oc=5) · Springfield Business Journal
- 2025-08-07 [First Internet Bank pushes American General to pay $1.4 million claim - Insurance Business](https://news.google.com/rss/articles/CBMi4AFBVV95cUxNOVZYdHkyTHB5Skc4R051aUpyUjk2MFpIUGJJMk5ldkx2MFh0alFvYkZ0OWxlRXFjeE9KRExveTByN2JOWHVKRExQZEJyVWRTbWJrZ3dBWGZBRlhxZWp4eTA4UUZibG1KQkl0M0x3ZG5nUmNaaGxSN3pOUjV1Ny1kaENDa09uWlJfLVNka1NvUVg1S2Vja2J0dGVPRU9EbzY4aDFWaXlmM0c3SFJTMjlBYXdvNzNqNUVidWF1NU5JU2dHcEt3YTBuVUdSZ1lSOGVBRGFYenN4TGkxN1FYNVY2NA?oc=5) · Insurance Business
- 2025-11-28 [First Internet Bank finds small business is big business - ibj.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNVXNfejVIRzJ6ck1mNWpMNHhBXzFFRlBMaU94d1o3SkppLVlJMVY2VDRsR3VIMkNsSGdPNjB0MUJlV0duVDc5T3IxNFVDSWtvYzNBOF9oRUNMcThlTFM1Y09INWxiLXRRQXZKc1Q5cmloZjRsYlNZS1hpMFhBTTEzcGpqNmlaZUtSbVRDQ3p3?oc=5) · ibj.com
- 2013-09-03 [Basalt gas station sold in foreclosure - AspenTimes.com](https://news.google.com/rss/articles/CBMie0FVX3lxTE5KVkVrWFoxa3M3SVV3ZkpYNnJRNncyY0hRcEZNSDJBSTlBcjRCMy1CUlhNMjc3RDVDQXowMDRya2RHMUFHVXZxbHpaVVJKS0R5QnhxZnJYN1lXdTR3ZjBzRFVwRFBXUWJlcThHbndGMUVEVmlMX1lVaTRIOA?oc=5) · AspenTimes.com
- 2018-02-07 [Apple Pay now supports 26 more US banks - PhoneArena](https://news.google.com/rss/articles/CBMisAFBVV95cUxOT2NCOFVOVWN6T0tEQ19Nd3VXU1VIQU9UUmoyR25GVTFUbk9EOVJ3c1h4N1ZfalJKQURpQVdBVzRZa2lVX2JaTjVKT2pzQUttVFpHUzhuWjNsc0ZFaUVLQ244VkNDZGtYemh3ekItRmNpMW0taHdOdll4VXdXTzNkQzN0YTlVOFU1TW1qT2Z1UG44Z0xkMmhnT2QzUjFGblhPbWRoWXJ4a1E2TmpyeWhRWQ?oc=5) · PhoneArena

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=3047 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/39.json (key "3047", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide