Bennett National Bank
Bennett, CO · Owner: Bennett Bcorp
$8.3M
total assets, March 31, 1989
$8.3M
total assets, March 31, 1989
Bennett National Bank was a national bank in Bennett, CO, owned by Bennett Bcorp. It failed on Jul 13, 1989, and The First National Bank Of took over its deposits. At its last report it held $8.28 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Jul 13, 1989
- Assets
- $8.3M
- Deposits
- $8.0M
- Estimated cost
- $2.8M
- Deposits went to
- The First National Bank Of, Strasburg, CO
Total assets
$8.3M
-9.9% in a year · -3.9% in a quarter
Deposits
$8.0M
-8.8% in a year · -6.0% in a quarter
Loans
$4.2M
-16.3% in a year · -10.7% in a quarter
Profit so far
-$198K
Jan 1 to Mar 31, 1989
Capital ratio
2.54%
-1.15 pts in a year
Return on assets
-9.38%
-4.71 pts in a year
Facts
- Type
- National bank
- Head office
- 190 First Street, Bennett, CO, 80102
- County
- Adams
- Holding company
- Bennett Bcorp
- Established
- Aug 25, 1983
- Failed
- Jul 13, 1989
- Employees
- 8
- Id
- b24741
Quarter by quarter
March 31, 1984 to March 31, 1989
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Bennett National Bank?
$8.28 million in total assets and $8.02 million in deposits as of March 31, 1989, with assets down 9.9% from a year before. Its loans were $4.18 million.
Is Bennett National Bank profitable?
No: it lost $198,000 from January 1 to March 31, 1989. Its return on assets was -9.38% a year; about 1% is typical.
Who owns Bennett National Bank?
Bennett National Bank is owned by Bennett Bcorp, its holding company.
When did Bennett National Bank fail?
Jul 13, 1989. The First National Bank Of of Strasburg, CO took over its deposits. The estimated cost of the failure was $2.82 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.