First National Bank, Cortez

Cortez, CO
IDRSSD: 968155
Total Assets
$153.65M
Latest filing
Total Deposits
$132.47M
Latest filing
Net Interest Margin
4.08%
Profitability

Locations

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Main Office
First National Bank, Cortez
2258 E Main St
Cortez, CO 81321
Full Service - Brick and Mortar
Updated 11/14/2025Established 05/31/1958FDIC Certificate 11811

Branches (0)

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NameAddressCity / State
No branch data available.
First National Bank, Cortez (Main)2258 E Main StCortez, CO

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date05/31/1958
Community BankYes
Ownership TypeNot Mutual
ZIP81321
State and County Number08083
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number10
Numeric code3
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameN/A

Operational Info

Number of Employees18
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance05/31/1958
Primary Insurance AgencyDIF
Websitewww.fnbcortez.com
Data Updated11/14/2025
CERT17872
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$153.65M
Total Deposits$132.47M
Total Liabilities$139.25M
Total Equity Capital$14.40M
Net Income$488.00k
Net Loans and Leases$94.38M
Assets Per Employee ($Millions)$8.54M
Bank Premises and Fixed Assets$3.14M
Cash and Balances due from Depository Institutions$1.96M
Deposits Held in Domestic Offices$132.47M

Key Performance Ratios

Return on Assets (ROA)1.28%
Return on Equity (ROE)13.9%
Net Interest Margin4.08%
Efficiency Ratio57.88%
Tier 1 Risk-Based Capital Ratio15.752%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.08%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.371%
Earning Assets to total Assets93.62%

Income and Expense

Total Interest Income$2.13M
Total Noninterest Income$149.00k
Total Interest Expense$676.00k
Total Noninterest Expense$926.00k
Net Interest Income$1.45M
Pre-tax Net Operating Income$644.00k
Provision for Credit Losses$30.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$5.50M
Federal Funds Sold & Reverse Repurchase Agreement$14.30M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.29M
Total Liabilities and Capital$153.65M

Securities

Securities$34.45M
Available-for-sale debt securities$20.90M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$13.54M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First National Bank, Cortez?
$153.65M as of the latest filing.
How much are First National Bank, Cortez's total deposits?
$132.47M in total deposits.
Where is First National Bank, Cortez located?
Cortez, CO.
What is the Net Interest Margin?
4.08%.
How many domestic offices does it operate?
1.
When was it established?
05/31/1958.
What is the Return on Assets (ROA)?
1.28%.
How much are total loans and leases?
$94.38M (latest filing).
What is the total interest income (latest filing)?
$2.13M.