The Graveyard › Banks › 1988
Security Bank of Boulder
Boulder, CO · failed June 2, 1988 · FDIC certificate 18512
Security Bank of Boulder of Boulder, CO failed on June 2, 1988. It opened in 1924, 64 years before. At its last report before that it held $14.1 million in assets and $13.8 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $19.2 million. The FDIC estimates that the FDIC's insurance fund lost $305,488 on it.
1984-031988-03
Assets at the end$14.1 millionlast report before June 2, 1988
Deposits at the end$13.8 million
Estimated loss to the fund$305,488FDIC
Largest in the quarterly reports$19.2 millionDecember 31, 1985
Equity to assets2.4%March 31, 1988
Loans not being repaid3.8%noncurrent, March 31, 1988
Return on assets-15.90%a year's rate, March 31, 1988
Staff14full 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.