The Graveyard › Banks › 1987
Bowie National Bank
Bowie, TX · failed January 8, 1987 · FDIC certificate 18756
Bowie National Bank of Bowie, TX failed on January 8, 1987. It opened on April 15, 1963, 23 years before. At its last report before that it held $12.3 million in assets and $12.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $799,679 on it.
1984-031986-12
Assets at the end$12.3 millionlast report before January 8, 1987
Deposits at the end$12.4 million
Estimated loss to the fund$799,679FDIC
Equity to assets-1.9%December 31, 1986
Loans not being repaid10.6%noncurrent, December 31, 1986
Return on assets-0.95%a year's rate, December 31, 1986
Staff9full 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.