"I think the whole industry is experiencing loan quality issues," said Tom Goding, president of Fort Collins-based Bank of Colorado.
Bank of Colorado
reported one of the highest first quarter incomes in Northern Colorado at $4.28 million.
Even with its loan delinquencies and nonaccruals fairly static quarter-over-quarter, it still put away $3 million into loan loss reserve.
"We're continuing to see pressure on credit," Goding