The First National Bank of Springfield
Springfield, CO · Owner: First Natl Inc Springfld Co
$15.3M
total assets, March 31, 1985
$15.3M
total assets, March 31, 1985
The First National Bank of Springfield was a national bank in Springfield, CO, owned by First Natl Inc Springfld Co. It failed on Apr 18, 1985, and Baca State Bank took over its deposits. At its last report it held $15.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- Apr 18, 1985
- Assets
- $15.3M
- Deposits
- $14.0M
- Estimated cost
- $5.3M
- Deposits went to
- Baca State Bank, Springfield, CO
Total assets
$15.3M
-9.4% in a year · -5.4% in a quarter
Deposits
$14.0M
-7.8% in a year · -7.5% in a quarter
Loans
$7.0M
-38.1% in a year · -31.5% in a quarter
Profit so far
-$550K
Jan 1 to Mar 31, 1985
Capital ratio
5.41%
-1.11 pts in a year
Return on assets
-13.97%
-4.43 pts in a year
Facts
- Type
- National bank
- Head office
- 808 Main Street, Springfield, CO, 81073
- County
- Baca
- Holding company
- First Natl Inc Springfld Co
- Established
- Jan 1, 1914
- Failed
- Apr 18, 1985
- Employees
- 12
- Id
- b3057
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The First National Bank of Springfield?
$15.3 million in total assets and $14.0 million in deposits as of March 31, 1985, with assets down 9.4% from a year before. Its loans were $7.03 million.
Is The First National Bank of Springfield profitable?
No: it lost $550,000 from January 1 to March 31, 1985. Its return on assets was -13.97% a year; about 1% is typical.
Who owns The First National Bank of Springfield?
The First National Bank of Springfield is owned by First Natl Inc Springfld Co, its holding company.
When did The First National Bank of Springfield fail?
Apr 18, 1985. Baca State Bank of Springfield, CO took over its deposits. The estimated cost of the failure was $5.32 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.