The Graveyard › Banks › 1985
The First National Bank of Springfield
Springfield, CO · failed April 18, 1985 · FDIC certificate 3057
The First National Bank of Springfield of Springfield, CO failed on April 18, 1985. It opened in 1914, 71 years before. At its last report before that it held $15.3 million in assets and $14.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $5.3 million on it.
1984-031985-03
Assets at the end$15.3 millionlast report before April 18, 1985
Deposits at the end$14.0 million
Estimated loss to the fund$5.3 millionFDIC
Equity to assets5.4%March 31, 1985
Loans not being repaid0.0%noncurrent, March 31, 1985
Return on assets-13.97%a year's rate, March 31, 1985
Staff12full 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.