FirstBank, which is headquartered in Lakewood, posted the most deposits at Jeffco branches in 2023 with a total of $6.26 billion across its 16 locations.
Right behind FirstBank, Wells Fargo Bank came in second place with its 2023 deposits amounting to $3.58 billion. The third spot was claimed by U.S. Bank with deposits equalling $2.16 billion in 2023.
Two new entrants on the 2024 list are BMO Bank, which acquired Bank of the West and its 11 Jeffco branches in February 2023, and ANB Bank which opened its first Jeffco branch on June 1, 2023.
Other noteworthy movements on the list include Academy Bank, which saw its statewide deposits in 2023 increase by 59.23% from the previous year, moving from $335.27 million to $533.85 million. Similarly, Sunflower Bank’s net income increased by a staggering 120.88% in 2023, jumping from $127.1 million to $280.7 million.
BMO Bank reported 2023 deposits of $789.04 million, while Evergreen National Bank saw a significant increase in net income, up by 298.59%, moving from $1.2 million in 2022 to $4.8 million in 2023. Another bank, HTLF Bank, recorded a massive increase in its Net Loans in 2023 by 233.39%, from 11,418,347,000 to 38,067,836,000. The net income for NBH Bank increased by 91.94% in 2023, hitting $398.6 million from the $207.6 million recorded in the previous year.