The Graveyard › Banks › 1990

The National City Bank of Denver

Denver, CO · failed June 14, 1990 · FDIC certificate 3012

The National City Bank of Denver of Denver, CO failed on June 14, 1990. It opened in 1910, 80 years before. At its last report before that it held $58.4 million in assets and $65.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $107.2 million. The FDIC estimates that the Bank Insurance Fund lost $13.5 million on it.

1984-031990-03

Assets at the end$58.4 millionlast report before June 14, 1990

Deposits at the end$65.1 million

Estimated loss to the fund$13.5 millionBIF

Largest in the quarterly reports$107.2 millionSeptember 30, 1984

Equity to assets-12.5%March 31, 1990

Loans not being repaid10.2%noncurrent, March 31, 1990

Return on assets-1.56%a year's rate, March 31, 1990

Staff46full time, March 31, 1990

On the FDIC's list: NATIONAL CITY BANK OF DENVER.

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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.