Guaranty Bank saw 5.5% loan growth in 2012
Loans at the Denver-based bank grew by $60.6 million, and deposits grew by $153.6 million year-over-year in 2011, according to a release issued by the company.
In 2012, the bank purchased a Colorado-based investment management firm called Private Capital Management. The firm delivered "outstanding" results in the five months since the acquisition in July, according to bank President and CEO Paul Taylor.
In the fourth quarter of 2012, Guaranty reported net income of $3.1 million, compared with net income of $2.3 million in the same period of 2011.
More breaking news...
10% of eligible people in region using health exchange
The finalists include entrepreneurs from Fort Collins, Loveland and Greeley, the major cities in the Northern Colorado region of the
CU's solar toilet set for India unveiling
That's the idea behind a solar-powered, waterless toilet developed at the University of Colorado-Boulder, with the help of a $77,000 grant
800 multi-family units planned at Foothills
Loveland graphics firm moving HQ to Denver
Groundbreaking, demolition at Foothills
Robot helping simulate Mars mapping