The First National Bank in Rifle
Rifle, CO · Owner: Rifle Bank Agency Inc
$17.6M
total assets, June 30, 1986
$17.6M
total assets, June 30, 1986
The First National Bank in Rifle was a national bank in Rifle, CO, owned by Rifle Bank Agency Inc. It failed on Aug 21, 1986, and its insured deposits were paid out. At its last report it held $17.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1986
This bank failed
- Failed on
- Aug 21, 1986
- Assets
- $17.6M
- Deposits
- $17.5M
- Estimated cost
- $3.4M
- Deposits went to
- payout
Total assets
$17.6M
-23.9% in a year · -6.8% in a quarter
Deposits
$17.5M
-21.1% in a year · -5.6% in a quarter
Loans
$11.5M
-19.4% in a year · -5.7% in a quarter
Profit so far
-$487K
Jan 1 to Jun 30, 1986
Capital ratio
-1.86%
-5.84 pts in a year
Return on assets
-5.18%
-2.06 pts in a year
Facts
- Type
- National bank
- Head office
- 100 East Fourth Street, Rifle, CO, 81650
- County
- Garfield
- Holding company
- Rifle Bank Agency Inc
- Established
- Apr 11, 1931
- Failed
- Aug 21, 1986
- Employees
- 16
- Id
- b3051
Quarter by quarter
March 31, 1984 to June 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 10
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The First National Bank in Rifle?
$17.6 million in total assets and $17.5 million in deposits as of June 30, 1986, with assets down 23.9% from a year before. Its loans were $11.5 million.
Is The First National Bank in Rifle profitable?
No: it lost $487,000 from January 1 to June 30, 1986. Its return on assets was -5.18% a year; about 1% is typical.
Who owns The First National Bank in Rifle?
The First National Bank in Rifle is owned by Rifle Bank Agency Inc, its holding company.
When did The First National Bank in Rifle fail?
Aug 21, 1986. The estimated cost of the failure was $3.37 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.