The Graveyard › Banks › 1986
Bank of Dixie
Lake Providence, LA · failed January 10, 1986 · FDIC certificate 8147
Bank of Dixie of Lake Providence, LA failed on January 10, 1986. At its last report before that it held $41.4 million in assets and $36.5 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $58.1 million. The FDIC estimates that the FDIC's insurance fund lost $13.6 million on it.
1984-031985-09
Assets at the end$41.4 millionlast report before January 10, 1986
Deposits at the end$36.5 million
Estimated loss to the fund$13.6 millionFDIC
Largest in the quarterly reports$58.1 millionJune 30, 1984
Equity to assets4.3%September 30, 1985
Loans not being repaid20.2%noncurrent, September 30, 1985
Return on assets-8.07%a year's rate, September 30, 1985
Staff30full time, September 30, 1985
Also ended in 1986
- Western S&LA · Dallas, TX · $2.0 billion in assets
- The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
- Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
- National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
- Mainland S&LA · Houston, TX · $1.0 billion in assets
- American Diversified Savings Bank · Costa Mesa · $978.6 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.