This institution is no longer active

Operations ceased on February 12, 2011. CRA examination history below reflects the period it was active.

LOVELAND BANK OF COMMERCE

LOVELAND, CO · Supervised by FDIC

Est. 2007FDIC #58,642RSSD: FDIC-58642

Part ofVERUS ACQUISITION GROUP INC→ View all charters

Satisfactory

Current rating · Exam: February 2010

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.94%

Institution Profile

FDIC BankFind

Address

102 East 29th Street, LOVELAND, CO

County

Larimer County

Established

October 5, 2007

Total Assets

$43M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

February 1, 2010

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 16 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q4 2010Call Report / FDIC

Total Assets

$43M

Total Deposits

$36M

Net Loans

$37M

Net Income

$385K

ROA

0.94%

ROE

6.02%

Risk-Based Capital

18.89%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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