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Alpine Banks of Colorado reports developments for its role as the holding company for Alpine Bank, an independent, employee-owned Colorado bank founded in 1973. Through Alpine Bank, the company provides personal banking, business banking, wealth management, mortgage, and electronic banking services across Colorado's Western Slope, mountain communities, and Front Range. Its Class B common stock trades on the OTCQX market under the symbol ALPIB.
Recurring announcements cover unaudited quarterly and annual results, interest income, noninterest income, loan and deposit trends, securities portfolio activity, OREO dispositions, common stock dividends, Class A and Class B share matters, stock repurchase authorization, annual meeting votes, board composition, and leadership succession.
Alpine Banks of Colorado (OTCQX: ALPIB) reported unaudited second quarter 2026 net income of $19.9 million, up 13% from $17.6 million a year earlier, with basic EPS of $1.25. Quarter-over-quarter net income was slightly lower than the first quarter’s $20.2 million.
Net interest income rose to $62.9 million and tax-equivalent net interest margin improved to 3.79%, while the cost of interest-bearing deposits declined to 1.79%. Loans held for investment increased to $4.5 billion, up 6% year-over-year, driven by commercial real estate, commercial and industrial, residential and consumer loans.
The allowance for credit losses rose to 1.14% of loans, with a $4.0 million provision. Nonperforming loans were 0.31% of total loans and annualized net charge-offs were 0.10%. Tangible book value per share increased to $37.59 and the tier 1 leverage ratio reached 10.46%. The company paid and declared quarterly dividends of $0.23 per share. Wealth management assets under management grew to $1.45 billion as of June 30, 2026.
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 on July 27, 2026 to shareholders of record as of July 20, 2026.
Alpine Banks of Colorado (OTCQX: ALPIB) reported first quarter 2026 results. Net income was $20.2 million and EPS was $1.26. Net interest margin was 3.72% and average deposit cost was 1.81%. Loans were $4.3 billion and deposits totaled $6.0 billion.
Asset quality showed nonperforming loans at 0.32% and allowance for credit losses at 1.12% of loans. Tangible book value per share was $36.64 and capital ratios remained well above regulatory minima.
Alpine Banks of Colorado (OTCQX:ALPIB) held its annual meeting on April 9, 2026, where shareholders re-elected 18 directors to one-year terms ending at the 2027 annual meeting.
The board slate includes Raymond T. Baker, Mike Burns, Glenn W. Davis, Terrance L. Farina, Norman L. Franke, Eric A. Gardey, L. Kristine Gardner, Rachel Gerlach, Peter N. Guy, Glen L. Jammaron, Andrew A. Karow, Thomas H. Kenning, B. Stephens Parker, Amy L. Parsons, Jay E. Rickstrew, John W. Suthers, Allison Vollbracht Winfield, and Margo L. Young-Gardey.
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 on April 27, 2026 to shareholders of record as of April 20, 2026.
Alpine Banks of Colorado (OTCQX: ALPIB) reported unaudited results for Q4 and full-year 2025 on Jan 30, 2026. Q4 net income was $19.7M, or $1.23 per basic Class A and B share; 2025 net income was $70.2M versus $49.7M in 2024. Book value per share rose to $36.82.
Key drivers included higher interest income from loan yields and balances, lower interest expense on deposits year-over-year, loan growth, and increased noninterest expense mainly from salaries, benefits and consulting.
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.