Pioneer Bank of Fountain
Fountain, CO · Owner: Fountain Bcorp LTD
$12.7M
total assets, June 30, 1987
$12.7M
total assets, June 30, 1987
Pioneer Bank of Fountain was a state nonmember bank in Fountain, CO, owned by Fountain Bcorp LTD. It failed on Oct 21, 1987, and Green Mountain Bank took over its deposits. At its last report it held $12.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Oct 21, 1987
- Assets
- $12.7M
- Deposits
- $12.2M
- Estimated cost
- $1.1M
- Deposits went to
- Green Mountain Bank, Lakewood, CO
Total assets
$12.7M
-26.1% in a year · -12.7% in a quarter
Deposits
$12.2M
-22.4% in a year · -13.0% in a quarter
Loans
$9.6M
-8.7% in a year · -2.2% in a quarter
Profit so far
$42K
Jan 1 to Jun 30, 1987 · -41.7% in a year
Capital ratio
2.77%
-5.17 pts in a year
Return on assets
0.59%
-0.29 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Indiana And Santa Fe Avenues, Fountain, CO, 80817
- County
- El Paso
- Holding company
- Fountain Bcorp LTD
- Established
- Mar 11, 1968
- Failed
- Oct 21, 1987
- Employees
- 17
- Id
- b19799
Quarter by quarter
March 31, 1984 to June 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 Pioneer Bank of Fountain?
$12.7 million in total assets and $12.2 million in deposits as of June 30, 1987, with assets down 26.1% from a year before. Its loans were $9.59 million.
Is Pioneer Bank of Fountain profitable?
Yes: it earned $42,000 from January 1 to June 30, 1987 (down 41.7% from the same months a year before). Its return on assets was 0.59% a year; about 1% is typical.
Who owns Pioneer Bank of Fountain?
Pioneer Bank of Fountain is owned by Fountain Bcorp LTD, its holding company.
When did Pioneer Bank of Fountain fail?
Oct 21, 1987. Green Mountain Bank of Lakewood, CO took over its deposits. The estimated cost of the failure was $1.12 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.