The Graveyard › Banks › 1985
Bank of Clifton
Clifton, CO · failed September 6, 1985 · FDIC certificate 23209
Bank of Clifton of Clifton, CO failed on September 6, 1985. It opened on October 1, 1980, 4 years before. At its last report before that it held $10.9 million in assets and $9.8 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.7 million on it.
1984-031985-03
Assets at the end$10.9 millionlast report before September 6, 1985
Deposits at the end$9.8 million
Estimated loss to the fund$2.7 millionFDIC
Largest in the quarterly reports$10.6 millionDecember 31, 1984
Equity to assets5.0%March 31, 1985
Loans not being repaid7.4%noncurrent, March 31, 1985
Return on assets-7.79%a year's rate, March 31, 1985
Staff15full time, March 31, 1985
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.