Saratoga State Bank
Saratoga, WY · Owner: Platte Valley Bcorp
$18.5M
total assets, September 30, 1985
$18.5M
total assets, September 30, 1985
Saratoga State Bank was a state member bank in Saratoga, WY, owned by Platte Valley Bcorp. It failed on Oct 11, 1985, and First Wyoming Bank Sarat took over its deposits. At its last report it held $18.5 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1985
This bank failed
- Failed on
- Oct 11, 1985
- Assets
- $18.5M
- Deposits
- $16.3M
- Estimated cost
- $4.3M
- Deposits went to
- First Wyoming Bank Sarat, Saratoga, WY
Total assets
$18.5M
-17.4% in a year · 0.0% in a quarter
Deposits
$16.3M
-19.7% in a year · 0.0% in a quarter
Loans
$12.0M
-22.9% in a year · 0.0% in a quarter
Profit so far
-$881K
Jan 1 to Sep 30, 1985
Capital ratio
1.38%
-5.82 pts in a year
Return on assets
-5.98%
-5.18 pts in a year
Facts
- Type
- State member bank
- Head office
- 302 North First Street, Saratoga, WY, 82331
- County
- Carbon
- Holding company
- Platte Valley Bcorp
- Established
- Jan 1, 1800
- Failed
- Oct 11, 1985
- Employees
- 14
- Id
- b525
Quarter by quarter
March 31, 1984 to September 30, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Saratoga State Bank?
$18.5 million in total assets and $16.3 million in deposits as of September 30, 1985, with assets down 17.4% from a year before. Its loans were $12.0 million.
Is Saratoga State Bank profitable?
No: it lost $881,000 from January 1 to September 30, 1985. Its return on assets was -5.98% a year; about 1% is typical.
Who owns Saratoga State Bank?
Saratoga State Bank is owned by Platte Valley Bcorp, its holding company.
When did Saratoga State Bank fail?
Oct 11, 1985. First Wyoming Bank Sarat of Saratoga, WY took over its deposits. The estimated cost of the failure was $4.26 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.