Frontier Bank

Major Rating Factors: Excellent current capitalization (9.5 on a scale of 0 to 10) based on a risk-based capital ratio of 19.4 and a capital leverage ratio of 10.7. A current level of 0.1 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (9.3).

Other Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.7 has resulted in Good (6.9) profitability.

Asset Mix: Securities (47%), comm re (9%), home mtgs (9%), cash (5%), comm loans (1%), consumer loans (0%), other (28%)

States with Branches: CO

Asset Quality

Non-Performing Loans to Capital

0.07%

Non-Performing Assets to Assets

0.01%

Non-Performing Loans to Loans

0.03%

Loan Loss Reserves to Loans

2.02%

Charge-Offs to Average Loans

0.00%

5-Year Charge-Offs to Average Loans

-0.04%

5-Year Asset Growth

6.61%

1-Year Asset Growth

-2.80%

Profitability

Operating Profit to Average Assets

1.65%

Return on Equity

22.50%

Net Interest Spread

3.20%

5-Year ROAA (Return on Average Assets)

1.89%

Overhead Efficiency Ratio

48.44%

Liquidity

Liquidity Ratio

22.92%

Hot Money

15.75%

Corporate Info

Group Affiliation

Whitcorp Financial Company

Investment Rating

Address

200 South Main Street
Lamar, CO 81052

Phone Number

(719) 336-4351

Year Founded

1934

FDIC Number

14730

Website

http://www.frontierbankco.com

Largest Affiliates

Western State Bank

Garden City, KS - Bank