First State Bank of Elgin, Oregon
Elgin, OR
$18.2M
total assets, December 31, 1984
$18.2M
total assets, December 31, 1984
First State Bank of Elgin, Oregon was a state nonmember bank in Elgin, OR. It failed on Apr 12, 1985, and United States NB Of Oreg took over its deposits. At its last report it held $18.2 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1984
This bank failed
- Failed on
- Apr 12, 1985
- Assets
- $18.2M
- Deposits
- $15.8M
- Estimated cost
- $4.9M
- Deposits went to
- United States NB Of Oreg, Portland, OR
Total assets
$18.2M
vs a year before: - · -5.2% in a quarter
Deposits
$15.8M
vs a year before: - · -2.8% in a quarter
Loans
$13.0M
vs a year before: - · -5.1% in a quarter
Profit so far
-$384K
Jan 1 to Dec 31, 1984
Capital ratio
1.33%
Return on assets
-2.08%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Elgin, OR, 97827
- County
- Union
- Established
- May 1, 1945
- Failed
- Apr 12, 1985
- Employees
- 30
- Id
- b16255
Quarter by quarter
March 31, 1984 to December 31, 1984
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 4
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First State Bank of Elgin, Oregon?
$18.2 million in total assets and $15.8 million in deposits as of December 31, 1984. Its loans were $13.0 million.
Is First State Bank of Elgin, Oregon profitable?
No: it lost $384,000 from January 1 to December 31, 1984. Its return on assets was -2.08% a year; about 1% is typical.
When did First State Bank of Elgin, Oregon fail?
Apr 12, 1985. United States NB Of Oreg of Portland, OR took over its deposits. The estimated cost of the failure was $4.92 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.