Hereford State Bank
Hereford, CO · Owner: Hereford Investment Co
$2.7M
total assets, June 30, 1984
$2.7M
total assets, June 30, 1984
Hereford State Bank was a state nonmember bank in Hereford, CO, owned by Hereford Investment Co. It failed on Aug 24, 1984, and its insured deposits were paid out. At its last report it held $2.71 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1984
This bank failed
- Failed on
- Aug 24, 1984
- Assets
- $2.7M
- Deposits
- $2.5M
- Estimated cost
- $765K
- Deposits went to
- payout
Total assets
$2.7M
vs a year before: - · -0.8% in a quarter
Deposits
$2.5M
vs a year before: - · -0.9% in a quarter
Loans
$1.3M
vs a year before: - · 0.0% in a quarter
Profit so far
-$21K
Jan 1 to Jun 30, 1984
Capital ratio
6.88%
Return on assets
-1.53%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Hereford, CO, 80732
- County
- Weld
- Holding company
- Hereford Investment Co
- Established
- Dec 15, 1919
- Failed
- Aug 24, 1984
- Employees
- 3
- Id
- b9219
Quarter by quarter
March 31, 1984 to June 30, 1984
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 2
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Hereford State Bank?
$2.71 million in total assets and $2.48 million in deposits as of June 30, 1984. Its loans were $1.33 million.
Is Hereford State Bank profitable?
No: it lost $21,000 from January 1 to June 30, 1984. Its return on assets was -1.53% a year; about 1% is typical.
Who owns Hereford State Bank?
Hereford State Bank is owned by Hereford Investment Co, its holding company.
When did Hereford State Bank fail?
Aug 24, 1984. The estimated cost of the failure was $764,909.
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.