The Graveyard › Banks › 1986
Century National Bank
Houston, TX · failed October 2, 1986 · FDIC certificate 24201
Century National Bank of Houston, TX failed on October 2, 1986. It opened on November 30, 1982, 3 years before. At its last report before that it held $15.5 million in assets and $13.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $24.8 million. The FDIC estimates that the FDIC's insurance fund lost $5.3 million on it.
1984-031986-09
Assets at the end$15.5 millionlast report before October 2, 1986
Deposits at the end$13.5 million
Estimated loss to the fund$5.3 millionFDIC
Largest in the quarterly reports$24.8 millionSeptember 30, 1984
Equity to assets-0.3%September 30, 1986
Loans not being repaid16.5%noncurrent, September 30, 1986
Return on assets-2.75%a year's rate, September 30, 1986
Staff17full time, September 30, 1986
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.