FlatIrons Bank

Established in 2001

About FlatIrons Bank

FlatIrons Bank was established on 2001. The bank's headquarters are located at 1095 Canyon Blvd, Suite 100 in Boulder, Colorado.

FlatIrons Bank is an FDIC insured bank with FDIC number 57280 managing assets to the value of $258,918 as of 12/31/2020.

FlatIrons Bank has a Texas ratio of 0.00%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

0.00%
Texas Ratio
FDIC Certificate #

57280

Active Insured Since #

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $258,918
Equity Capital $24,919
Total Deposits $226,382
Total Liabilities $233,999
Total Securities $78,168
Net Loans And Leases $173,902
Loan Loss Allowance $2,000
Total Loans And Leases $178,117
YTD (as of 12/31/2020)
Return On Assets 1.61%
Return On Equity 16.89%
Total Interest Income $10,164
Total Interest Expense $1,322
Total Non Interest Income $883
Total Non Interest Expense $5,579

Headquarters

1095 Canyon Blvd, Suite 100 80302, Boulder

FlatIrons Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $178,117 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

FlatIrons Bank Mortgage Loans Profile

Classic Bank

88.24%

Application Approval Rate

Classic Bank

$551,667

Average Mortgage Loan Amount

Classic Bank

34

Number of Loan Applications

Classic Bank

$240,840

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Boulder

Number of Loan Applications
25
Average Loan Amount
$504,048
Approval Rate
84.00%
Average Income of Approved Loans’ Applicants
$231,353

2 Denver

Number of Loan Applications
2
Average Loan Amount
$310,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$233,500

3 Adams

Number of Loan Applications
2
Average Loan Amount
$470,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$40,500

4 Jefferson

Number of Loan Applications
2
Average Loan Amount
$500,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$145,000

5 Collier

Number of Loan Applications
1
Average Loan Amount
$2,505,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$669,000

6 Arapahoe

Number of Loan Applications
1
Average Loan Amount
$455,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$495,000

Top States by Number of Mortgage Loan Applications

1 Colorado

Number of Loan Applications
33
Average Loan Amount
$484,310
Approval Rate
87.88%
Average Income of Approved Loans’ Applicants
$223,000

2 Florida

Number of Loan Applications
1
Average Loan Amount
$2,505,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$669,000