Bank failure · CO

Centennial State Bank of Colorado (Englewood, CO) — failed May 23, 1986

Centennial State Bank of Colorado of Englewood, Colorado was closed on May 23, 1986 and resolved through a purchase and assumption. First Intrst Bk Centenni (CO) took over its insured deposits. At failure it held $20.4M in assets and $20.2M in deposits. The FDIC's estimated loss on the failure is $2.0M (10.1% of assets).