The Graveyard › Banks › 2011
United Western Bank
Denver, CO · failed January 21, 2011 · FDIC certificate 31293
United Western Bank of Denver, CO failed on January 21, 2011. It opened in 1960, 51 years before. At its last report before that it held $2.2 billion in assets and $1.5 billion in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2009, it held $2.6 billion. The FDIC estimates that the Deposit Insurance Fund lost $133.2 million on it.
1984-032010-12
Assets at the end$2.2 billionlast report before January 21, 2011
Deposits at the end$1.5 billion
Estimated loss to the fund$133.2 millionDIF
Largest in the quarterly reports$2.6 billionSeptember 30, 2009
Equity to assets3.3%December 31, 2010
Loans not being repaid6.6%noncurrent, December 31, 2010
Return on assets-4.71%a year's rate, December 31, 2010
Staff157full time, December 31, 2010
Also ended in 2011
- Superior Bank · Birmingham, AL · $3.0 billion in assets
- First Community Bank · Taos, NM · $2.2 billion in assets
- Integra Bank National Association · Evansville, IN · $2.0 billion in assets
- Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 billion in assets
- Bank of the Commonwealth · Norfolk, VA · $985.1 million 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.