Citywide Bank Aurora, CO

Kevin Quinn in the middle is the CEO, these cats have some problem loans

Citywide Bank Aurora, CO was founded in 1969.  The company has a Texas ratio of 56%.

The company has assets of $966MM with equity of $73MM.

The problem loan portfolio consists of $3MM in loans 30-90 days past due with $33MM on non accrual.

These problem loans could consume significant levels of equity.

The company hasn’t put their annual report since FY09, in which they didn’t include an income statement.

The have forgotten to post their earnings since Q3 2010?


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