Press release content from Globe Newswire. The AP news staff was not involved in its creation.
FirstBank Reports Double-Digit Growth in Year-Over-Year Assets, Deposits and Loans for First .
FirstBankMay 11, 2021 GMT
LAKEWOOD, Colo., May 11, 2021 (GLOBE NEWSWIRE) FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” closed the first quarter of 2021 with double-digit growth in deposits, assets and net loans from the same period last year, including a 29.1 percent increase in total deposits to $23.5 billion.
The bank’s total assets grew by 28 percent to $25.9 billion and net loans were up by 16.3 percent from last year to $13.4 billion. Additionally, FirstBank originated more PPP loans than any bank in Colorado, helping thousands of small businesses get to the other side of the pandemic.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
FirstBank Extends Growth Streak to 13 Years Alongside Record-Breaking Colorado Gives Day Support
FirstBankFebruary 9, 2021 GMT
Lakewood, Colo., Feb. 09, 2021 (GLOBE NEWSWIRE) FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” closed out 2020 with 13 consecutive years of year-over-year growth in total assets, deposits, and loans despite the most challenging economic environment since the Great Recession.
The bank’s total assets grew to $24.5 billion representing a 22.5 percent increase, while deposits increased 22 percent to $21.9 billion over year-end 2019. Over that same time period, FirstBank also saw net loans jump by 14.3 percent to $13.0 billion at the end of 2020.