The Graveyard › Banks › 2004
Bank of Ephraim
Ephraim, UT · failed June 25, 2004 · FDIC certificate 1249
Bank of Ephraim of Ephraim, UT failed on June 25, 2004. It opened in 1905, 99 years before. At its last report before that it held $56.8 million in assets and $52.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2003, it held $61.8 million. The FDIC estimates that the Bank Insurance Fund lost $3.0 million on it.
1984-032004-03
Assets at the end$56.8 millionlast report before June 25, 2004
Deposits at the end$52.3 million
Estimated loss to the fund$3.0 millionBIF
Largest in the quarterly reports$61.8 millionSeptember 30, 2003
Equity to assets7.6%March 31, 2004
Loans not being repaid6.6%noncurrent, March 31, 2004
Return on assets0.21%a year's rate, March 31, 2004
Staff33full time, March 31, 2004
Also ended in 2004
- Guaranty National Bank · Tallahassee, FL · $71.3 million in assets
- Reliance Bank · White Plains, NY · $28.6 million in assets
- Dollar Savings Bank · Newark, NJ · $13.4 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.