Middle Park Bank
Granby, CO · Owner: Grandco Bcorp
$34.9M
total assets, September 30, 1987
$34.9M
total assets, September 30, 1987
Middle Park Bank was a state nonmember bank in Granby, CO, owned by Grandco Bcorp. It failed on Nov 10, 1987, and Bank Of Kremmling took over its deposits. At its last report it held $34.9 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Nov 10, 1987
- Assets
- $34.9M
- Deposits
- $33.0M
- Estimated cost
- $14.9M
- Deposits went to
- Bank Of Kremmling, Kremmling, CO
Total assets
$34.9M
-26.6% in a year · -11.7% in a quarter
Deposits
$33.0M
-22.4% in a year · -3.4% in a quarter
Loans
$25.7M
-26.9% in a year · -11.6% in a quarter
Profit so far
-$2.8M
Jan 1 to Sep 30, 1987
Capital ratio
0.54%
-5.52 pts in a year
Return on assets
-9.30%
-8.00 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 51 Agate Avenue, Granby, CO, 80446
- County
- Grand
- Holding company
- Grandco Bcorp
- Established
- Aug 3, 1949
- Failed
- Nov 10, 1987
- Employees
- 28
- Id
- b16966
Quarter by quarter
March 31, 1984 to September 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 Middle Park Bank?
$34.9 million in total assets and $33.0 million in deposits as of September 30, 1987, with assets down 26.6% from a year before. Its loans were $25.7 million.
Is Middle Park Bank profitable?
No: it lost $2.77 million from January 1 to September 30, 1987. Its return on assets was -9.30% a year; about 1% is typical.
Who owns Middle Park Bank?
Middle Park Bank is owned by Grandco Bcorp, its holding company.
When did Middle Park Bank fail?
Nov 10, 1987. Bank Of Kremmling of Kremmling, CO took over its deposits. The estimated cost of the failure was $14.9 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.