ALPINE BKS COLO Stock Price, News & Analysis

Alpine Banks of Colorado (OTCQX: ALPIB) completed an exchange offer to convert up to 800,000 Class A common shares into newly issued Class B shares on a one-for-one basis. As of the January 16, 2026 expiration, 790,791 Class A shares were validly tendered and all were accepted.

The company issued 790,791 Class B shares on January 26, 2026. As of January 27, 2026, Alpine had 7,025,409 Class A shares and 8,937,309 Class B shares outstanding. Equiniti Trust Company LLC acted as exchange agent.

Alpine Banks of Colorado (OTCQX: ALPIB) declared a cash dividend of $0.23 per share for both Class A and Class B common stock. The dividend is payable January 26, 2026 to shareholders of record as of January 19, 2026.

Alpine Banks of Colorado (OTCQX: ALPIB) announced that Glen Jammaron was appointed chief executive officer and chairman effective Dec 16, 2025.

Jammaron succeeds founder and longtime chairman J. Robert “Bob” Young, who died on Dec 11, 2025 after leading the bank for 53 years. Jammaron has worked at Alpine Bank for 40 years, most recently serving as president and vice chairman, and said the bank will remain an independent, employee-owned institution focused on Colorado communities.

Alpine Bank (OTC:ALPIB) announced the passing of founder and chairman J. Robert “Bob” Young on December 11, 2025. Young built Alpine Bank from a single 1973 Carbondale branch into a locally owned, employee-driven institution with 39 locations and $6.8 billion in assets.

Young introduced an employee stock ownership plan (ESOP) in 1983, championed community philanthropy including an Alpine Bank First-Generation Scholarship that has aided 300+ students, and served in multiple state banking leadership roles. The bank says its community-focused culture and independence will continue.

Alpine Banks of Colorado (OTCQX: ALPIB) announced a board-approved $5.0 million stock repurchase program to buy issued and outstanding Class B voting common stock. Repurchases are expected to begin on or about February 5, 2026, following completion of Alpine’s December 2, 2025 exchange offer, and the program will expire on July 31, 2026 unless ended earlier.

Repurchases may be executed via open-market purchases, block trades, negotiated private transactions or a Rule 10b-18/10b5-1 trading plan. Timing and amounts depend on market conditions, available funds, regulatory requirements and financial performance. The program does not obligate Alpine to repurchase any specific number of shares.

Alpine Banks of Colorado (OTCQX: ALPIB) announced the planned retirement of directors Linda Childears and Steve Briggs, who will continue to serve through their terms ending at the 2026 annual meetings of the Company and its wholly owned subsidiary, Alpine Bank.

Briggs is a 45-year bank veteran and board member since 1982 with deep community ties in the Roaring Fork Valley. Childears joined the board in July 2020 with decades of banking and nonprofit leadership experience. The company said it will actively seek new board members who reflect its Colorado-focused values.

Alpine Banks of Colorado (OTCQX: ALPIB) announced a voluntary exchange offer to convert up to 800,000 Class A common shares into newly issued Class B common shares on a one-for-one basis.

The offer runs from December 12, 2025 through 5:00 p.m. MT on January 16, 2026 unless extended. Class B shares are listed on the OTCQX Best Market, while Class A shares lack a public trading market; the company says the exchange could give Class A holders an opportunity to obtain more marketable Class B shares. The company will not issue fractional Class B shares, will allocate on a pro rata basis if oversubscribed, and is relying on Section 3(a)(9) of the Securities Act to exempt the exchanged shares from registration. No commissions will be paid for solicitations.

Alpine Banks of Colorado (OTCQX: ALPIB) completed a private placement of $75 million in fixed-to-floating rate subordinated notes due 2035. The notes are structured to qualify as Tier 2 capital. Proceeds will be used to redeem the company's $50 million subordinated notes due 2030 and for general corporate purposes. The company may redeem the notes, in whole or in part, on or after November 21, 2030, and at other times if specified conditions are met. The notes were sold in a private offering, are not registered under the Securities Act, and are not deposits or FDIC insured.

Alpine Banks of Colorado (OTCQX: ALPIB) reported net income $18.5M for Q3 2025, or $1.16 per basic Class A and B share. EPS rose 41.4% YoY and 5.4% sequentially. Net interest margin was 3.54% in Q3 2025 versus 3.50% in Q2 2025 and 2.98% in Q3 2024. Total assets increased 3.2% sequentially to $6.82B. Loans grew 5.3% YoY to $4.2B; deposits rose 3.2% YoY to $6.1B. Provision for loan losses and noninterest expense increased year-to-date, while capital ratios remain above "well capitalized" thresholds.