Northern Bank & Trust
Fort Collins, CO · Owner: Northern Investment Co
$6.9M
total assets, March 31, 1989
$6.9M
total assets, March 31, 1989
Northern Bank & Trust was a state nonmember bank in Fort Collins, CO, owned by Northern Investment Co. It failed on Jun 15, 1989, and Union Colony Bank took over its deposits. At its last report it held $6.91 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Jun 15, 1989
- Assets
- $6.9M
- Deposits
- $6.6M
- Estimated cost
- $776K
- Deposits went to
- Union Colony Bank, Greeley, CO
Total assets
$6.9M
-19.1% in a year · -9.5% in a quarter
Deposits
$6.6M
-18.3% in a year · -10.4% in a quarter
Loans
$3.6M
-31.0% in a year · -11.5% in a quarter
Profit so far
$7K
Jan 1 to Mar 31, 1989 · -69.6% in a year
Capital ratio
4.27%
-0.86 pts in a year
Return on assets
0.39%
-0.63 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1600 North College Avenue, Fort Collins, CO, 80521
- County
- Larimer
- Holding company
- Northern Investment Co
- Established
- May 5, 1975
- Failed
- Jun 15, 1989
- Employees
- 9
- Id
- b21999
Quarter by quarter
March 31, 1984 to March 31, 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 Northern Bank & Trust?
$6.91 million in total assets and $6.56 million in deposits as of March 31, 1989, with assets down 19.1% from a year before. Its loans were $3.59 million.
Is Northern Bank & Trust profitable?
Yes: it earned $7,000 from January 1 to March 31, 1989 (down 69.6% from the same months a year before). Its return on assets was 0.39% a year; about 1% is typical.
Who owns Northern Bank & Trust?
Northern Bank & Trust is owned by Northern Investment Co, its holding company.
When did Northern Bank & Trust fail?
Jun 15, 1989. Union Colony Bank of Greeley, CO took over its deposits. The estimated cost of the failure was $775,870.
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.