The Graveyard › Banks › 1991
Citizens National Bank
Limon, CO · failed March 29, 1991 · FDIC certificate 24043
Citizens National Bank of Limon, CO failed on March 29, 1991. It opened on August 23, 1982, 8 years before. At its last report before that it held $11.4 million in assets and $11.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $14.0 million. The FDIC estimates that the Bank Insurance Fund lost $3.0 million on it.
1984-031990-12
Assets at the end$11.4 millionlast report before March 29, 1991
Deposits at the end$11.3 million
Estimated loss to the fund$3.0 millionBIF
Largest in the quarterly reports$14.0 millionSeptember 30, 1986
Equity to assets0.5%December 31, 1990
Loans not being repaid19.5%noncurrent, December 31, 1990
Return on assets-6.37%a year's rate, December 31, 1990
Staff9full time, December 31, 1990
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 billion in assets
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.