Bank profitability edges up

All but one Northern Colorado bank posted profits for the second quarter ended June 30, 1995, and a substantial number have left the benchmark 1 percent return on assets in the dust, according to data provided by the Federal Reserve Board and Veribanc Inc.

First Community Industrial Bank in Fort Collins was the top earner for the quarter, posting a 3.56 percent ROA. Farmers Bank of Eaton recorded 2.30 percent, and Loveland’s Home State Bank rang in at 2.83 percent.

“Banking in general in the state is very good, but it is particularly good in Northern Colorado,´ said Jim Dillon, Colorado’s chief…