Alpine Banks of Colorado (“Alpine” or “the company”) is the holding company for Colorado-chartered Alpine Bank (“the bank”), founded in 1973. Alpine maintains a closely held ownership structure, with non-public Class A common shares carrying twenty votes per share and representing ~95% of voting control. Class B common shares (OTCQX: ALPIB) carry one vote per share but remain relatively thinly traded. The ESOP, created in 1983, controls ~25% of voting power, while employees, directors, and their families controlled at least 51% as of YE25.
With a leading organically developed deposit share position in its legacy Western Slope markets, Alpine operates 39 locations across Colorado, including seven Front Range branches since entering the market in 2014.
A real estate-oriented lender at its core, Alpine balances C&D exposure at 10% of loans and 58% of total risk-based capital at 1Q26, and an investor CRE portfolio, including C&D, representing…
Log in or Sign up for free access to this report.
KBRA is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and by offering timely and transparent ratings. KBRA provides market participants with an alternative solution by delivering in-depth research across various sectors within the United States and European markets. We strive to provide the investment community with the products and tools needed to make informed investment decisions.