The Graveyard › Banks › 1984
Hereford State Bank
Hereford, CO · failed August 24, 1984 · FDIC certificate 9219
Hereford State Bank of Hereford, CO failed on August 24, 1984. It opened on December 15, 1919, 64 years before. At its last report before that it held $2.7 million in assets and $2.5 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $764,909 on it.
1984-031984-06
Assets at the end$2.7 millionlast report before August 24, 1984
Deposits at the end$2.5 million
Estimated loss to the fund$764,909FDIC
Equity to assets7.1%June 30, 1984
Loans not being repaid20.8%noncurrent, June 30, 1984
Return on assets-1.53%a year's rate, June 30, 1984
Staff3full time, June 30, 1984
Also ended in 1984
- Continental Illinois National Bank & Trust · Chicago · $40.0 billion in assets · assisted
- Continental Fs&La · Cleveland · $1.0 billion in assets · assisted
- San Marino S&LA · San Marino, CA · $856.8 million in assets
- Suburbia Fs&La · Garden City · $660.2 million in assets · assisted
- Century Fs&La · Cedarhurst · $651.7 million in assets · assisted
- Orange Savings Bank · Livingston · $513.4 million in assets · assisted
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.