The Graveyard › Banks › 1985

Aurora Bank

Aurora, CO · failed November 1, 1985 · FDIC certificate 23892

Aurora Bank of Aurora, CO failed on November 1, 1985. It opened on July 1, 1982, 3 years before. At its last report before that it held $16.6 million in assets and $15.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $23.3 million. The FDIC estimates that the FDIC's insurance fund lost $7.5 million on it.

1984-031985-03

Assets at the end$16.6 millionlast report before November 1, 1985

Deposits at the end$15.2 million

Estimated loss to the fund$7.5 millionFDIC

Largest in the quarterly reports$23.3 millionDecember 31, 1984

Equity to assets3.7%March 31, 1985

Loans not being repaid20.9%noncurrent, March 31, 1985

Return on assets-2.83%a year's rate, March 31, 1985

Staff18full time, March 31, 1985

On the FDIC's list: THE AURORA BANK.

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Also ended in 1985

Bowery Savings Bank · New York · $5.3 billion in assets · assisted
Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
Central S&LA · San Diego · $2.3 billion in assets · assisted
Bell S&LA · San Mateo · $1.6 billion in assets · assisted
Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
Sunrise, S&LA · Lake Worth, FL · $1.5 billion in assets

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.