The Graveyard › Banks › 1987
Bear Creek National Bank
Bear Creek, TX · failed January 29, 1987 · FDIC certificate 25633
Bear Creek National Bank of Bear Creek, TX failed on January 29, 1987. It opened on August 16, 1984, 2 years before. At its last report before that it held $26.6 million in assets and $26.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $28.0 million. The FDIC estimates that the FDIC's insurance fund lost $7.5 million on it.
1984-091986-12
Assets at the end$26.6 millionlast report before January 29, 1987
Deposits at the end$26.0 million
Estimated loss to the fund$7.5 millionFDIC
Largest in the quarterly reports$28.0 millionSeptember 30, 1986
Equity to assets1.4%December 31, 1986
Loans not being repaid13.8%noncurrent, December 31, 1986
Return on assets-4.36%a year's rate, December 31, 1986
Staff23full time, December 31, 1986
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million in assets · assisted
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.