Company Profile
- Alpine Banks of Colorado (“Alpine” or “the company”) is the holding company for Colorado-chartered Alpine Bank (“the bank”), founded in 1973, whose private Class A voting stock remains majority-owned by a combination of its two founders (one that remains Chairman), along with other directors and employees, including a 22% Class A stake owned by the ESOP that was created in 1983. Alpine’s Class B shares are thinly traded (OTC: ALPIB) and were recently granted voting eligibility via the 150-for-1 stock split completed in 2Q25.
- With the leading and organically based deposit share position in the Western Slope (CO) markets through 39 branches, ALPIB expanded east to the Front Range (Denver, Boulder, Fort Collins, and Colorado Springs MSAs) beginning in 2014 and currently has more than $550 million deposits in 7 area branches.
- A real estate-oriented lender at its core, Alpine balances a not insignificant C&D exposure (12% of loans and 70% of…