Bank failure · CO

Premier Bank (Denver, CO) — failed July 10, 2015

Premier Bank of Denver, Colorado was closed on July 10, 2015 and resolved through a purchase and assumption. United Fidelity Bank, FSB (IN) took over its insured deposits. At failure it held $26.8M in assets and $25.5M in deposits. The FDIC's estimated loss on the failure is $1.2M (4.5% of assets).