Bank failure · CO
Community Banks of Colorado (Greenwood Village, CO) — failed October 21, 2011
Community Banks of Colorado of Greenwood Village, Colorado was closed on October 21, 2011 and resolved through a purchase and assumption. Bank Midwest, National Association (MO) took over its insured deposits. At failure it held $1.3B in assets and $1.2B in deposits. The FDIC's estimated loss on the failure is $169.2M (13.2% of assets).
- Closing date
- October 21, 2011
- FDIC certificate #
- 21132
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank Midwest, National Association
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
Other failures in 2011
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- Western National Bank AZ
- Polk County Bank IA
- Central Progressive Bank LA
- Community Bank of Rockmart GA
- Sunfirst Bank UT
- Mid City Bank, Inc. NE
- All American Bank IL
- Decatur First Bank GA
- Old Harbor Bank FL
- Community Capital Bank GA
- Piedmont Community Bank GA
- Country Bank IL
- First State Bank NJ
- Blue Ridge Savings Bank, Inc. NC
- Sun Security Bank MO
- The Riverbank MN
- First International Bank TX
- Citizens Bank of Northern California CA
- Bank of the Commonwealth VA
- The First National Bank of Florida FL
- Creekside Bank GA
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