The Graveyard › Banks › 2011
FirsTier Bank
Louisville, CO · failed January 28, 2011 · FDIC certificate 57646
FirsTier Bank of Louisville, CO failed on January 28, 2011. It opened on November 14, 2003, 7 years before. At its last report before that it held $764.1 million in assets and $718.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2010, it held $889.4 million. The FDIC estimates that the Deposit Insurance Fund lost $232.9 million on it.
2003-122010-12
Assets at the end$764.1 millionlast report before January 28, 2011
Deposits at the end$718.8 million
Estimated loss to the fund$232.9 millionDIF
Largest in the quarterly reports$889.4 millionMarch 31, 2010
Equity to assets-0.3%December 31, 2010
Loans not being repaid24.9%noncurrent, December 31, 2010
Return on assets-3.44%a year's rate, December 31, 2010
Staff98full time, December 31, 2010
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
- Community Banks of Colorado · Greenwood Village, CO · $1.3 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.