Citizens Bank of Glendale
Denver, CO · Owner: Citizens Banco Inc
$4.4M
total assets, June 30, 1987
$4.4M
total assets, June 30, 1987
Citizens Bank of Glendale was a state member bank in Denver, CO, owned by Citizens Banco Inc. It failed on Aug 27, 1987, and Prudential Bank took over its deposits. At its last report it held $4.38 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Aug 27, 1987
- Assets
- $4.4M
- Deposits
- $4.0M
- Estimated cost
- $406K
- Deposits went to
- Prudential Bank, Denver, CO
Total assets
$4.4M
-48.8% in a year · -36.5% in a quarter
Deposits
$4.0M
-45.3% in a year · -38.1% in a quarter
Loans
$3.1M
-50.5% in a year · -28.5% in a quarter
Profit so far
-$244K
Jan 1 to Jun 30, 1987
Capital ratio
3.27%
-8.28 pts in a year
Return on assets
-7.61%
-6.16 pts in a year
Facts
- Type
- State member bank
- Head office
- 4350 East Kentucky Avenue, Denver, CO, 80224
- County
- Denver
- Holding company
- Citizens Banco Inc
- Established
- Jul 11, 1984
- Failed
- Aug 27, 1987
- Employees
- 6
- Id
- b25329
Quarter by quarter
September 30, 1984 to June 30, 1987
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 Citizens Bank of Glendale?
$4.38 million in total assets and $4.04 million in deposits as of June 30, 1987, with assets down 48.8% from a year before. Its loans were $3.15 million.
Is Citizens Bank of Glendale profitable?
No: it lost $244,000 from January 1 to June 30, 1987. Its return on assets was -7.61% a year; about 1% is typical.
Who owns Citizens Bank of Glendale?
Citizens Bank of Glendale is owned by Citizens Banco Inc, its holding company.
When did Citizens Bank of Glendale fail?
Aug 27, 1987. Prudential Bank of Denver, CO took over its deposits. The estimated cost of the failure was $406,278.
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.