Guardian Bank
Scottsdale, AZ · Owner: Guardian Bcorp Inc
$25.9M
total assets, March 31, 1990
$25.9M
total assets, March 31, 1990
Guardian Bank was a state member bank in Scottsdale, AZ, owned by Guardian Bcorp Inc. It failed on Apr 26, 1990, and Citibank (arizona) took over its deposits. At its last report it held $25.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Apr 26, 1990
- Assets
- $25.9M
- Deposits
- $27.0M
- Estimated cost
- $8.4M
- Deposits went to
- Citibank (arizona), Phoenix, AZ
Total assets
$25.9M
-25.0% in a year · -0.7% in a quarter
Deposits
$27.0M
-17.2% in a year · +2.8% in a quarter
Loans
$17.3M
-24.6% in a year · -15.9% in a quarter
Profit so far
-$901K
Jan 1 to Mar 31, 1990
Capital ratio
-4.85%
-9.84 pts in a year
Return on assets
-13.86%
-7.27 pts in a year
Facts
- Type
- State member bank
- Head office
- 7000 East Shea Boulevard, Suite 100, Scottsdale, AZ, 85254
- County
- Maricopa
- Holding company
- Guardian Bcorp Inc
- Established
- Oct 5, 1984
- Failed
- Apr 26, 1990
- Employees
- 17
- Id
- b25666
Quarter by quarter
December 31, 1984 to March 31, 1990
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 Guardian Bank?
$25.9 million in total assets and $27.0 million in deposits as of March 31, 1990, with assets down 25.0% from a year before. Its loans were $17.3 million.
Is Guardian Bank profitable?
No: it lost $901,000 from January 1 to March 31, 1990. Its return on assets was -13.86% a year; about 1% is typical.
Who owns Guardian Bank?
Guardian Bank is owned by Guardian Bcorp Inc, its holding company.
When did Guardian Bank fail?
Apr 26, 1990. Citibank (arizona) of Phoenix, AZ took over its deposits. The estimated cost of the failure was $8.37 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.