The Citizens Bank of Pagosa Springs, Colorado
Pagosa Springs, CO · Owner: Pagosa Springs Holding Co
$17.3M
total assets, September 30, 1991
$17.3M
total assets, September 30, 1991
The Citizens Bank of Pagosa Springs, Colorado was a state nonmember bank in Pagosa Springs, CO, owned by Pagosa Springs Holding Co. It failed on Oct 25, 1991, and Citizens Bank Of Pagosa SPR took over its deposits. At its last report it held $17.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1991
This bank failed
- Failed on
- Oct 25, 1991
- Assets
- $17.3M
- Deposits
- $16.6M
- Estimated cost
- $2.1M
- Deposits went to
- Citizens Bank Of Pagosa SPR, Pagosa Springs, CO
Total assets
$17.3M
-17.6% in a year · +0.3% in a quarter
Deposits
$16.6M
-13.6% in a year · +0.4% in a quarter
Loans
$12.3M
-16.9% in a year · -7.8% in a quarter
Profit so far
-$74K
Jan 1 to Sep 30, 1991 · -248.0% in a year
Capital ratio
3.32%
-3.92 pts in a year
Return on assets
-0.56%
-0.86 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 703 San Juan Street, Pagosa Springs, CO, 81147
- County
- Archuleta
- Holding company
- Pagosa Springs Holding Co
- Established
- Jan 1, 1908
- Failed
- Oct 25, 1991
- Employees
- 14
- Id
- b10413
Quarter by quarter
March 31, 1984 to September 30, 1991
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 The Citizens Bank of Pagosa Springs, Colorado?
$17.3 million in total assets and $16.6 million in deposits as of September 30, 1991, with assets down 17.6% from a year before. Its loans were $12.3 million.
Is The Citizens Bank of Pagosa Springs, Colorado profitable?
No: it lost $74,000 from January 1 to September 30, 1991. Its return on assets was -0.56% a year; about 1% is typical.
Who owns The Citizens Bank of Pagosa Springs, Colorado?
The Citizens Bank of Pagosa Springs, Colorado is owned by Pagosa Springs Holding Co, its holding company.
When did The Citizens Bank of Pagosa Springs, Colorado fail?
Oct 25, 1991. Citizens Bank Of Pagosa SPR of Pagosa Springs, CO took over its deposits. The estimated cost of the failure was $2.05 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.