Alpine Banks of Colorado announces financial results for third quarter 2026

(OTCQX:ALPIB) Alpine Banks of Colorado reported unaudited results for the quarter ended September 30, 2026. Net income for the third quarter of 2026 was $20.1 million, an increase of 8.6% from $18.5 million in the third quarter of 2025, primarily due to higher interest income from increased loan balances. Net income for the second quarter of 2026 was $19.9 million. Basic earnings per Class A and Class B common share for the third quarter of 2026 was $1.26, compared to $1.25 for the second quarter of 2026 and $1.16 for the third quarter of 2025. The cost of interest-bearing deposits for the third quarter of 2026 was 1.74%, compared to 1.75% for the second quarter of 2026 and 2.04% for the third quarter of 2025. Net interest margin was 3.96% for the third quarter of 2026, compared to 3.85% for the second quarter of 2026 and 3.54% for the third quarter of 2025. Nonperforming loans to total loans was 0.34% as of September 30, 2026, compared to 0.31% as of June 30, 2026, and 0.21% as of September 30, 2025. Return on average assets for the third quarter of 2026 was 1.18%, unchanged from the second quarter of 2026 and up from 1.09% in the third quarter of 2025. Tangible book value (non-GAAP) per Class A and Class B common share was $38.10 as of September 30, 2026, compared to $37.59 as of June 30, 2026, and $34.45 as of September 30, 2025. Consolidated total risk-based capital ratio, common equity tier 1 risk-based capital ratio, and tier 1 leverage ratio as of September 30, 2026, were 17.08%, 13.02%, and 10.62%, respectively. Net interest income was $64.3 million for the third quarter of 2026, compared to $61.6 million for the second quarter of 2026 and $56.7 million for the third quarter of 2025. Interest income was $84.3 million for the third quarter of 2026, compared to $82.3 million for the second quarter of 2026 and $80.4 million for the third quarter of 2025. Interest expense was $20.0 million for the third quarter of 2026, compared to $20.7 million for the second quarter of 2026 and $23.7 million for the third quarter of 2025. Noninterest income was $14.5 million for the third quarter of 2026, compared to $13.7 million for both the second quarter of 2026 and the third quarter of 2025. Noninterest expense was $51.9 million for the third quarter of 2026, compared to $46.9 million for the second quarter of 2026 and $45.8 million for the third quarter of 2025. Loans held for investment totaled $4.5 billion as of September 30, 2026, unchanged from June 30, 2026, and up from $4.2 billion as of September 30, 2025. Total loans originated in the third quarter of 2026 were $443.0 million, compared to $458.0 million in the second quarter of 2026 and $340.0 million in the third quarter of 2025. Deposits totaled $5.9 billion as of September 30, 2026, unchanged from June 30, 2026, and down from $6.1 billion as of September 30, 2025. Noninterest-bearing deposits were $1.9 billion as of September 30, 2026, compared to $1.8 billion as of June 30, 2026, and $1.9 billion as of September 30, 2025. The company recorded a provision for credit losses of $2.5 million in the third quarter of 2026, compared to $4.0 million in the second quarter of 2026 and $1.7 million in the third quarter of 2025. The ratio of allowance for credit losses to loans held for investment was 1.16% as of September 30, 2026, compared to 1.14% as of June 30, 2026, and 1.10% as of September 30, 2025. Annualized net charge-offs were 0.04% for the third quarter of 2026, compared to 0.10% for the second quarter of 2026 and 0.07% for the third quarter of 2025. Book value per Class A and Class B common share increased to $39.21 as of September 30, 2026, compared to $38.69 as of June 30, 2026, and $35.56 as of September 30, 2025. During the third quarter ended September 30, 2026, the company paid cash dividends of $0.23 per Class A and Class B common share. On October 8, 2026, the company declared cash dividends of $0.23 per Class A and Class B common share payable on October 26, 2026, to shareholders of record on October 19, 2026. The Alpine Bank Wealth Management division had assets under management of $1.42 billion as of September 30, 2026, compared to $1.45 billion as of June 30, 2026, and $1.35 billion as of September 30, 2025. Glen Jammaron is Chairman and CEO. Jay Rickstrew was appointed Vice Chairman of the Company and President of the Bank. Matt Teeters was appointed Chief Retail Officer of the Bank. The company added a Chief Information Officer and a Controller of the Bank. The company is planning to open a new branch in Littleton, Colorado in the Spring of 2027.

Alpine Banks of Colorado announces common shareholder dividend

(OTCQX:ALPIB) Alpine Banks of Colorado declared a cash dividend of $0.23 per share of Class A common stock. The company also declared a cash dividend of $0.23 per share of Class B common stock. The dividend is payable on October 26, 2026. The record date for shareholders entitled to receive the dividend is October 19, 2026. Alpine Banks of Colorado is the parent company of Alpine Bank. Alpine Banks of Colorado is an independent, employee-owned organization with total assets of $6.8 billion. The company was founded in 1973 and is headquartered in Glenwood Springs, Colorado. Alpine Bank employs 890 people. Alpine Bank serves 170,000 customers. The bank provides personal, business, wealth management, mortgage, and electronic banking services across Colorado’s Western Slope, mountains, and Front Range. Alpine Bank has received a five-star rating from BauerFinancial, which is an independent organization that analyzes and rates the performance of financial institutions in the United States. Shares of the Class B common stock of Alpine Banks of Colorado trade under the symbol “ALPIB” on the OTCQX Best Market. Glen Jammaron is the CEO and Chairman of Alpine Banks of Colorado. Mike Burns is the Chief Financial Officer of Alpine Banks of Colorado.

Alpine Banks of Colorado announces financial results for second quarter 2026

(OTCQX: ALPIB) Alpine Banks of Colorado reported unaudited net income of $19.9 million for the second quarter of 2026, reflecting a 13% increase from $17.6 million in the second quarter of 2025. Net interest income was $62.9 million for the second quarter of 2026, compared to $60.6 million for the first quarter of 2026 and $55.0 million for the second quarter of 2025. Loans held for investment totaled $4.5 billion as of June 30, 2026, up from $4.3 billion as of March 31, 2026, and $4.2 billion as of June 30, 2025. Deposits were $5.9 billion as of June 30, 2026, compared to $6.0 billion as of March 31, 2026, and $5.9 billion as of June 30, 2025. The company paid cash dividends of $0.23 per Class A and Class B common share during the second quarter ended June 30, 2026. Tangible book value (non-GAAP) per share was $37.59 as of June 30, 2026, and the consolidated total risk-based capital ratio was 17.17%. The company projects continued support of the communities it serves and seeks to drive value for employee-owners and shareholders.

(OTCQX: ALPIB) Alpine Banks of Colorado declared a cash dividend of $0.23 per share of Class A common stock and $0.23 per share of Class B common stock, payable July 27, 2026, to shareholders of record as of July 20, 2026. Alpine Banks of Colorado is a $6.8 billion, independent, employee-owned organization founded in 1973 with headquarters in Glenwood Springs, Colorado. The company employs 890 people and serves 170,000 customers with personal, business, wealth management, mortgage, and electronic banking services across Colorado’s Western Slope, mountains, and Front Range. Alpine Bank has a five-star rating from BauerFinancial, an independent organization that analyzes and rates the performance of financial institutions in the United States. Shares of the Class B common stock of Alpine Banks of Colorado trade under the symbol “ALPIB" on the OTCQX® Best Market. The press release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Alpine Bank Wealth Management services are not FDIC insured, may lose value and are not guaranteed by the bank.

Alpine Banks of Colorado announces financial results for first quarter 2026

Alpine Banks of Colorado (OTCQX: ALPIB) reported unaudited results for the quarter ended March 31, 2026, with net income of $20.2 million, up from $19.8 million in the previous quarter and $14.3 million a year earlier. Basic earnings per share for the first quarter of 2026 was $1.26. Deposits totaled $6.0 billion as of March 31, 2026, and loans held for investment were $4.3 billion. The company declared cash dividends of $0.23 per Class A and Class B common share payable on April 27, 2026. These results reflect record earnings, expanded margins, and continued growth in assets and capital ratios.