Alpine Banks of Colorado will pay quarterly cash dividends on Jan. 31.

The bank announced plans to pay a dividend of 18 cents per class B nonvoting common share and $27 per class A voting common share. Those dividends represent a 12.5 percent increase over dividends paid the previous quarter.

A $6.2 billion employee-owned organization headquartered in Glenwood Springs, Alpine Bank operates locations across Colorado and serves more than 160,000 customers. For more information, visit www.alpinebank.com.