Better numbers heartening for community banks

Four community banks chartered in the Boulder Valley showed better metrics in the first quarter of 2013 than the same period in 2012.

AMG National Trust Bank and Flatirons Bank in Boulder, Mile High Banks in Longmont and Summit Bank and Trust in Broomfield recorded a “significant improvement” in their return on equity, a key metric of bank health, said Jenifer Waller, senior vice president of the Colorado Bankers Association in Denver, a trade group.

Waller calculated ROE, as it’s called in the industry, as well as other key bank metrics, using statistics from the Federal Deposit Insurance Corp.’s latest quarterly call…