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Alpine Banks of Colorado announces financial results for third quarter 2025

ALPIB
  • Alpine Banks of Colorado reported net income of $18.5 million ($1.16 per share) for the third quarter ended September 30, 2025.
  • Basic earnings per share increased 5.4% from the second quarter 2025 and 41.4% compared to the third quarter 2024.
  • Net interest margin for the third quarter 2025 was 3.54%, up from 3.50% in the second quarter 2025 and 2.98% in the third quarter 2024.
  • Total assets reached $6.82 billion as of September 30, 2025, representing a 3.2% increase from June 30, 2025.
  • Loans outstanding totaled $4.2 billion, driven by increases in commercial real estate, real estate construction, and consumer loans.
  • Total deposits grew to $6.1 billion, a 3.1% increase from June 30, 2025, primarily due to growth in demand deposits and money market accounts.
  • The Bank maintained a "well capitalized" designation with a Tier 1 Risk-Based Capital Ratio of 14.31% as of September 30, 2025.
  • Book value per share was $35.56 on September 30, 2025, an increase of $1.59 from the previous quarter.
  • The Company paid a $0.21 per share cash dividend during the third quarter 2025 and declared another $0.21 per share dividend payable on October 27, 2025.
  • Provision for loan losses was $1.7 million for the third quarter 2025, compared to $1.6 million in the second quarter 2025.