Security Bank of Denver, National Association
Denver, CO · Owner: Security Holding Inc
$17.0M
total assets, December 31, 1987
$17.0M
total assets, December 31, 1987
Security Bank of Denver, National Association was a national bank in Denver, CO, owned by Security Holding Inc. It failed on Mar 10, 1988, and City Center National Ban took over its deposits. At its last report it held $17.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Mar 10, 1988
- Assets
- $17.0M
- Deposits
- $16.6M
- Estimated cost
- $3.0M
- Deposits went to
- City Center National Ban, Aurora, CO
Total assets
$17.0M
-5.0% in a year · +11.6% in a quarter
Deposits
$16.6M
+1.5% in a year · +14.9% in a quarter
Loans
$8.4M
-18.6% in a year · -16.6% in a quarter
Profit so far
-$1.4M
Jan 1 to Dec 31, 1987
Capital ratio
-0.29%
-8.27 pts in a year
Return on assets
-8.46%
-8.45 pts in a year
Facts
- Type
- National bank
- Head office
- 5901 East Colfax Avenue, Denver, CO, 80220
- County
- Denver
- Holding company
- Security Holding Inc
- Established
- Sep 24, 1962
- Failed
- Mar 10, 1988
- Employees
- 83
- Id
- b18598
Quarter by quarter
March 31, 1984 to December 31, 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 Security Bank of Denver, National Association?
$17.0 million in total assets and $16.6 million in deposits as of December 31, 1987, with assets down 5.0% from a year before. Its loans were $8.45 million.
Is Security Bank of Denver, National Association profitable?
No: it lost $1.44 million from January 1 to December 31, 1987. Its return on assets was -8.46% a year; about 1% is typical.
Who owns Security Bank of Denver, National Association?
Security Bank of Denver, National Association is owned by Security Holding Inc, its holding company.
When did Security Bank of Denver, National Association fail?
Mar 10, 1988. City Center National Ban of Aurora, CO took over its deposits. The estimated cost of the failure was $3.03 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.