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This institution is no longer active

Operations ceased on August 1, 1998. CRA examination history below reflects the period it was active.

GLENWOOD INDEPENDENT BANK

GLENWOOD SPRINGS, CO · Supervised by FDIC

Est. 1955FDIC #90,038RSSD: FDIC-90038
Satisfactory

Current rating · Exam: September 1996

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Institution Profile

FDIC BankFind

Address

1620 Grand Avenue, GLENWOOD SPRINGS, CO

County

Garfield County

Established

August 1, 1955

Total Assets

$30M(latest call report)

Financial Snapshot

As of Q2 1998Call Report / FDIC

Total Assets

$30M

Total Deposits

$27M

Net Loans

$17M

Net Income

$252K

ROA

1.73%

ROE

19.77%

Risk-Based Capital

15.74%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

September 1, 1996

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

2 previous ratings locked — dating back to 1991

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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