Case Study: First National Bank of Wyoming strengthens CRE risk management with Banker’s Toolbox Crest

Banker’s Toolbox CrestTM takes First National Bank of Wyoming to the next level

First National Bank of Wyoming, a $174 million community bank in Laramie, WY, needed a better way to manage commercial real estate (CRE) loan concentration risk during the economic downturn. Manual spreadsheets and data processes limited its analysis, so SVP and Chief Credit Officer Rick Melone turned to Banker’s Toolbox and its CrestTM CRE loan stress testing solution to meet regulatory expectations and strengthen risk management.

With Banker’s Toolbox CrestTM, First National Bank of Wyoming gained automated CRE stress testing, unlimited portfolio segmentation, and easier data import and maintenance, reducing manual effort significantly. The bank received clear, easy-to-understand reports that pleased regulators, and Melone said the program was “well worth it” for the bank, helping it stay ahead of the curve and better understand what actions to take to avoid trouble.

First National Bank of Wyoming

Rick Melone

Senior Vice President, Chief Credit Officer