The Graveyard › Banks › 1987
Citizens Bank of Glendale
Denver, CO · failed August 27, 1987 · FDIC certificate 25329
Citizens Bank of Glendale of Denver, CO failed on August 27, 1987. It opened on July 11, 1984, 3 years before. At its last report before that it held $4.4 million in assets and $4.0 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $10.3 million. The FDIC estimates that the FDIC's insurance fund lost $406,278 on it.
1984-091987-06
Assets at the end$4.4 millionlast report before August 27, 1987
Deposits at the end$4.0 million
Estimated loss to the fund$406,278FDIC
Largest in the quarterly reports$10.3 millionMarch 31, 1986
Equity to assets4.2%June 30, 1987
Loans not being repaid10.6%noncurrent, June 30, 1987
Return on assets-7.61%a year's rate, June 30, 1987
Staff6full time, June 30, 1987
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million in assets · assisted
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.