First National Bank, Cortez
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Data as of · sourced from FFIEC call reports. How we update
First National Bank, Cortez is an FDIC-insured commercial bank headquartered in Cortez, CO, established in 1958 (FDIC certificate 17872), and it is supervised by the OCC. At Q2 2026 it reported total assets of $156.9M, up 2.9% from Q2 2025, the 49th largest of 63 banks headquartered in Colorado. Its CET1 capital ratio was 15.00% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 17872
- Headquarters
- Cortez, CO
- Established
- 1958
- Total assets, Q2 2026
- $156.9M
- Assets vs Q2 2025
- +2.9%
- CET1 ratio, Q2 2026
- 15.00%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 102104888
- Latest call report
- Q2 2026, FFIEC 051 · First National Bank, Cortez call report
- Asset rank in state
- 49th of 63 in Colorado
Problem loans are rising at First National Bank, Cortez. Based in Cortez, Colorado, it had $157 million in assets at June 30, 2026, up 2.9% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.92% of loans from 0.58% a year earlier. It carries problem assets equal to 12.5% of the capital and reserves that would absorb them, 4.7 times the median of 2.6% for the 2,660 banks with $100 million to $1 billion in assets.
Its $23 million non-owner-occupied commercial real estate book is improving, with 8.71% past due or on nonaccrual, down from 9.85% a year earlier. Unrealized losses on its securities total $2.7 million, equal to 17% of Tier 1 capital, against 21% a year earlier.
As of June 30, 2026, First National Bank, Cortez reported a CET1 capital ratio of 15.00%, a return on assets of 1.13%, a nonperforming-loan ratio of 1.92% and a Texas ratio of 12.48%. The figures come from its call report filed with the FFIEC.
Of the 63 banks headquartered in Colorado, First National Bank, Cortez is the 49th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 0.5% to $156.9M, loans rose 2.7% and deposits rose 0.3%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 35.0% of total loans, ahead of non-owner-occupied commercial real estate loans at 22.0%. The FDIC Summary of Deposits lists a single office for it, in Cortez, CO. Judged on its Q2 2026 call report, First National Bank, Cortez meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 2258 E Main St, Cortez, CO 81321
- County
- Montezuma
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- May 31, 1958
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 18
- Domestic deposits
- $137.2M
- Allowance for credit losses
- $1.3M
- Net charge-offs (YTD)
- $549K
- Average total assets
- $157.6M
- Average total loans
- $102.0M
- Average interest-bearing deposits
- $105.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- May 31, 1958
- FDIC Cert
- 17872
- Fed RSSD
- 968155
- Website
- www.fnbcortez.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First National Bank, Cortez's total assets ranged from $133.9M (Q3 2023) to $156.9M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$156.9M total assets against $152.5M; $142.5M total liabilities against $138.8M.
$101.0M net loans and leases against $94.6M; $137.2M total deposits against $132.2M.
$36.1M securities against $34.8M; $11.2M cash and balances due against $14.7M.
$2.1M total interest income against $2.0M; $678K total interest expense against $620K.
$1.4M net interest income against $1.4M.
$153K total noninterest income against $137K; $937K total noninterest expense against $915K.
$77K provision for credit losses against $20K.
$444K net income against $450K.
1.13% return on assets against 1.21%; 3.90% net interest margin against 3.92%.
15.00% CET1 capital ratio against 14.98%; 9.98% tier 1 leverage ratio against 10.19%.
Inside the full First National Bank, Cortez terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst National Bank, Cortez rankings
Its closest position to the top of a national ranking is 443 of 3,640, for Texas Ratio; its furthest is 3,243 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.06% (Q1 2026) to 1.26% (Q3 2025) and its net interest margin ran from 3.67% (Q3 2024) to 3.94% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 15.00% | 1.13% | 1.92% | 12.48% | 3.90% |
| Q1 2026 | 14.81% | 0.06% | 1.97% | 12.92% | 3.75% |
| Q4 2025 | 15.80% | 1.11% | 0.55% | 3.30% | 3.89% |
| Q3 2025 | 15.75% | 1.26% | 0.57% | 3.48% | 3.94% |
| Q2 2025 | 14.98% | 1.21% | 0.58% | 3.72% | 3.92% |
| Q1 2025 | 15.76% | 1.10% | 0.61% | 3.92% | 3.86% |
| Q4 2024 | 15.54% | 0.88% | 0.62% | 3.97% | 3.68% |
| Q3 2024 | 15.29% | 0.98% | 0.65% | 4.00% | 3.67% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First National Bank, Cortez (main office) | Cortez , CO | 81321 | $137.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in CO, rank 86 of 121 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $100K approved, $100K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First National Bank, Cortez
What are First National Bank, Cortez's total assets?
As of the Q2 2026 filing, First National Bank, Cortez reported total assets of $156.9 million in its FFIEC call report.
Where is First National Bank, Cortez headquartered?
It is headquartered in Cortez, CO, United States.
When was First National Bank, Cortez founded?
It was established in 1958, per the FDIC institution directory.
Is First National Bank, Cortez FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #17872). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First National Bank, Cortez?
First National Bank, Cortez's primary federal regulator is the OCC.
What is First National Bank, Cortez's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 15.00% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First National Bank, Cortez operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First National Bank, Cortez's Texas Ratio?
Its Texas Ratio is 12.48% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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