The Graveyard › Banks › 2011

Community Banks of Colorado

Greenwood Village, CO · failed October 21, 2011 · FDIC certificate 21132

Community Banks of Colorado of Greenwood Village, CO failed on October 21, 2011. It opened on June 26, 1973, 38 years before. At its last report before that it held $1.3 billion in assets and $1.2 billion in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $1.8 billion. The FDIC estimates that the Deposit Insurance Fund lost $169.2 million on it.

1984-032011-09

Assets at the end$1.3 billionlast report before October 21, 2011

Deposits at the end$1.2 billion

Estimated loss to the fund$169.2 millionDIF

Largest in the quarterly reports$1.8 billionMarch 31, 2009

Equity to assets1.7%September 30, 2011

Loans not being repaid12.9%noncurrent, September 30, 2011

Return on assets-3.10%a year's rate, September 30, 2011

Staff277full time, September 30, 2011

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Also ended in 2011

Superior Bank · Birmingham, AL · $3.0 billion in assets
First Community Bank · Taos, NM · $2.2 billion in assets
United Western Bank · Denver, CO · $2.2 billion in assets
Integra Bank National Association · Evansville, IN · $2.0 billion in assets
Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
Bank of the Commonwealth · Norfolk, VA · $985.1 million 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.