Liberty Bank
Glendale, AZ · Owner: Liberty Investment Corp
$32.4M
total assets, June 30, 1989
$32.4M
total assets, June 30, 1989
Liberty Bank was a state nonmember bank in Glendale, AZ, owned by Liberty Investment Corp. It failed on Sep 1, 1989, and Community Bank Of Arizona took over its deposits. At its last report it held $32.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Sep 1, 1989
- Assets
- $32.4M
- Deposits
- $30.5M
- Estimated cost
- $8.2M
- Deposits went to
- Community Bank Of Arizona, Wickenburg, AZ
Total assets
$32.4M
-44.1% in a year · -18.0% in a quarter
Deposits
$30.5M
-42.7% in a year · -13.1% in a quarter
Loans
$27.4M
-35.4% in a year · -13.1% in a quarter
Profit so far
-$2.1M
Jan 1 to Jun 30, 1989 · -3194.2% in a year
Capital ratio
-5.69%
-12.82 pts in a year
Return on assets
-11.38%
-11.60 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 4480 West Peoria Avenue, Glendale, AZ, 85029
- County
- Maricopa
- Holding company
- Liberty Investment Corp
- Established
- Aug 2, 1982
- Failed
- Sep 1, 1989
- Employees
- 29
- Id
- b23943
Quarter by quarter
March 31, 1984 to June 30, 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 Liberty Bank?
$32.4 million in total assets and $30.5 million in deposits as of June 30, 1989, with assets down 44.1% from a year before. Its loans were $27.4 million.
Is Liberty Bank profitable?
No: it lost $2.13 million from January 1 to June 30, 1989. Its return on assets was -11.38% a year; about 1% is typical.
Who owns Liberty Bank?
Liberty Bank is owned by Liberty Investment Corp, its holding company.
When did Liberty Bank fail?
Sep 1, 1989. Community Bank Of Arizona of Wickenburg, AZ took over its deposits. The estimated cost of the failure was $8.22 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.