The Graveyard › Banks › 2009
Southern Colorado National Bank
Pueblo, CO · failed October 2, 2009 · FDIC certificate 57263
Southern Colorado National Bank of Pueblo, CO failed on October 2, 2009. It opened on March 1, 2002, 7 years before. At its last report before that it held $37.1 million in assets and $29.6 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $58.6 million. The FDIC estimates that the Deposit Insurance Fund lost $8.3 million on it.
2002-032009-09
Assets at the end$37.1 millionlast report before October 2, 2009
Deposits at the end$29.6 million
Estimated loss to the fund$8.3 millionDIF
Largest in the quarterly reports$58.6 millionDecember 31, 2008
Equity to assets2.1%September 30, 2009
Loans not being repaid13.3%noncurrent, September 30, 2009
Return on assets-6.60%a year's rate, September 30, 2009
Staff18full time, September 30, 2009
Also ended in 2009
- Bank of America N.A. · Charlotte · $1.47 trillion in assets · assisted
- FIA Card Services N.A. · Wilmington · $159.6 billion in assets · assisted
- Countrywide Bank, FSB · Alexandria · $118.0 billion in assets · assisted
- Merrill Lynch Bank USA · Salt Lake City · $61.8 billion in assets · assisted
- Merrill Lynch Bank & Trust Co., FSB · New York · $38.0 billion in assets · assisted
- Bank of America Rhode Island N.A. · Providence · $35.4 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.