$233M
total assets, March 31, 1998
BestBank was a state nonmember bank in Boulder, CO. It failed on Jul 23, 1998, and The Pueblo Bank And Trust C took over its deposits. At its last report it held $233.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1998
This bank failed
- Failed on
- Jul 23, 1998
- Assets
- $233M
- Deposits
- $206M
- Estimated cost
- $219M
- Deposits went to
- The Pueblo Bank And Trust C, Pueblo, CO
Total assets
$233M
+213.5% in a year · +22.3% in a quarter
Deposits
$206M
+210.1% in a year · +23.6% in a quarter
Loans
$200M
+193.5% in a year · +26.5% in a quarter
Profit so far
$3.5M
Jan 1 to Mar 31, 1998 · +1091.5% in a year
Capital ratio
8.40%
-0.71 pts in a year
Return on assets
6.59%
+4.79 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2950 Pearl Street, Boulder, CO, 80302
- County
- Boulder
- Established
- Jul 20, 1982
- Failed
- Jul 23, 1998
- Employees
- 23
- Branches
- 1
- Id
- b91189
Quarter by quarter
December 31, 1985 to March 31, 1998
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 BestBank?
$233.2 million in total assets and $206.3 million in deposits as of March 31, 1998, with assets up 213.5% from a year before. Its loans were $199.5 million.
How many branches does BestBank have?
1 branch in Colorado as of June 30, 2026.
Is BestBank profitable?
Yes: it earned $3.49 million from January 1 to March 31, 1998 (up 1091.5% from the same months a year before). Its return on assets was 6.59% a year; about 1% is typical.
When did BestBank fail?
Jul 23, 1998. The Pueblo Bank And Trust C of Pueblo, CO took over its deposits. The estimated cost of the failure was $218.6 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.