The Graveyard › Banks › 1988
Security Bank of Aurora
Aurora, CO · failed June 2, 1988 · FDIC certificate 22111
Security Bank of Aurora of Aurora, CO failed on June 2, 1988. It opened on September 16, 1975, 12 years before. At its last report before that it held $10.9 million in assets and $10.1 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1987, it held $18.9 million. The FDIC estimates that the FDIC's insurance fund lost $694,450 on it.
1984-031988-03
Assets at the end$10.9 millionlast report before June 2, 1988
Deposits at the end$10.1 million
Estimated loss to the fund$694,450FDIC
Largest in the quarterly reports$18.9 millionMarch 31, 1987
Equity to assets1.6%March 31, 1988
Loans not being repaid4.7%noncurrent, March 31, 1988
Return on assets-8.65%a year's rate, March 31, 1988
Staff17full time, March 31, 1988
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion 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.