$12.1M
total assets, March 31, 1990
Clifton National Bank was a national bank in Clifton, TX. It failed on Jun 7, 1990, and First National Bank In Vall took over its deposits. At its last report it held $12.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Jun 7, 1990
- Assets
- $12.1M
- Deposits
- $12.2M
- Estimated cost
- $1.6M
- Deposits went to
- First National Bank In Vall, Valley Mills, TX
Total assets
$12.1M
-27.3% in a year · -15.6% in a quarter
Deposits
$12.2M
-25.2% in a year · -13.5% in a quarter
Loans
$6.2M
-25.6% in a year · -15.7% in a quarter
Profit so far
-$293K
Jan 1 to Mar 31, 1990
Capital ratio
-0.96%
-2.79 pts in a year
Return on assets
-8.84%
-8.79 pts in a year
Facts
- Type
- National bank
- Head office
- Highway 6 And Riverside Drive, Clifton, TX, 76634
- County
- Bosque
- Established
- Jun 14, 1984
- Failed
- Jun 7, 1990
- Employees
- 7
- Id
- b25300
Quarter by quarter
June 30, 1984 to March 31, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Clifton National Bank?
$12.1 million in total assets and $12.2 million in deposits as of March 31, 1990, with assets down 27.3% from a year before. Its loans were $6.20 million.
Is Clifton National Bank profitable?
No: it lost $293,000 from January 1 to March 31, 1990. Its return on assets was -8.84% a year; about 1% is typical.
When did Clifton National Bank fail?
Jun 7, 1990. First National Bank In Vall of Valley Mills, TX took over its deposits. The estimated cost of the failure was $1.62 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.