FirstBank reports $131.3M profit for its second quarter

LAKEWOOD — FirstBank, Colorado’s second-largest bank with branches throughout the Boulder Valley and Northern Colorado, earlier this week reported a profit of $131.3 million for its second quarter that ended June 30.

The Lakewood-based bank reported year-over-year increases in income, assets, net loan balances and total deposits.

Net income grew by 26.9 percent to $131.3 million. Net loan balances increased by 5.6 percent to $10.4 billion. Deposits grew by 5.3 percent to $16.4 billion, and total assets increased by 5.5 percent to $18.3 billion.

FirstBank operates more than 115 locations in Colorado, Arizona and California.…