$12.4M
total assets, March 31, 1988
Metropolitan Industrial Bank was a state member bank in Denver, CO. It failed on Apr 15, 1988, and Resources Industrial Ban took over its deposits. At its last report it held $12.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- Apr 15, 1988
- Assets
- $12.4M
- Deposits
- $12.5M
- Estimated cost
- $4.7M
- Deposits went to
- Resources Industrial Ban, Denver, CO
Total assets
$12.4M
-21.4% in a year · -4.2% in a quarter
Deposits
$12.5M
-12.4% in a year · -2.0% in a quarter
Loans
$7.7M
-26.9% in a year · -8.2% in a quarter
Profit so far
-$426K
Jan 1 to Mar 31, 1988
Capital ratio
-1.80%
-10.52 pts in a year
Return on assets
-13.41%
-11.42 pts in a year
Facts
- Type
- State member bank
- Head office
- 1301 East Colfax Avenue, Denver, CO, 80218
- County
- Denver
- Established
- Jan 2, 1959
- Failed
- Apr 15, 1988
- Employees
- 8
- Id
- b90027
Quarter by quarter
December 31, 1984 to March 31, 1988
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 Metropolitan Industrial Bank?
$12.4 million in total assets and $12.5 million in deposits as of March 31, 1988, with assets down 21.4% from a year before. Its loans were $7.72 million.
Is Metropolitan Industrial Bank profitable?
No: it lost $426,000 from January 1 to March 31, 1988. Its return on assets was -13.41% a year; about 1% is typical.
When did Metropolitan Industrial Bank fail?
Apr 15, 1988. Resources Industrial Ban of Denver, CO took over its deposits. The estimated cost of the failure was $4.73 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.