The Graveyard › Banks › 1990
Rocky Mountain National Bank
Denver, CO · failed May 31, 1990 · FDIC certificate 25909
Rocky Mountain National Bank of Denver, CO failed on May 31, 1990. It opened on January 7, 1985, 5 years before. At its last report before that it held $9.2 million in assets and $8.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $13.3 million. The FDIC estimates that the Bank Insurance Fund lost $1.7 million on it.
1985-031990-03
Assets at the end$9.2 millionlast report before May 31, 1990
Deposits at the end$8.9 million
Estimated loss to the fund$1.7 millionBIF
Largest in the quarterly reports$13.3 millionSeptember 30, 1986
Equity to assets0.0%March 31, 1990
Loans not being repaid3.3%noncurrent, March 31, 1990
Return on assets-0.53%a year's rate, March 31, 1990
Staff8full time, March 31, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.