The Graveyard › Banks › 1986

Ben Milam S&LA

Cameron · assisted March 14, 1986 · FDIC certificate 31590

Ben Milam S&LA of Cameron was given assistance by the FSLIC on March 14, 1986. The FDIC's list records an assistance transaction, not a closing. It opened in 1970, 16 years before. At its last report before that it held $306.0 million in assets and $279.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $414.0 million. The FDIC estimates that the FSLIC's fund lost $348.2 million on it.

1984-031985-12

Assets at the end$306.0 millionlast report before March 14, 1986

Deposits at the end$279.1 million

Estimated loss to the fund$348.2 millionFSLIC

Largest in the quarterly reports$414.0 millionJune 30, 1985

Equity to assets5.3%December 31, 1985

Loans not being repaid1.1%noncurrent, December 31, 1985

Return on assets0.54%a year's rate, December 31, 1985

Take today's blind test

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.