ARCHIVED  October 1, 1996

Steady as she goes for banks

By

But national trends raise eyebrows

The past year or so has left little room for complaint when it comes to examining the health of the Northern Colorado banking industry.
Deposits, assets and returns on average assets all remain strong, in most cases going up or fluctuating downward only slightly, according to a survey of the region’s banks conducted for The Business Report by Sheshunoff Information Services Inc. of Austin.
Deposits and assets increased at 29 of 35 locally chartered commercial banks surveyed, and employment increased at 22 of 35. Only one institution, FirstBank of Northern Colorado, posted a loss during the…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: ARCHIVED Industry News
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