The Graveyard › Banks › 1987
Citizens Bank
Bryan, TX · failed July 2, 1987 · FDIC certificate 22311
Citizens Bank of Bryan, TX failed on July 2, 1987. It opened on August 5, 1976, 10 years before. At its last report before that it held $46.4 million in assets and $44.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $57.8 million. The FDIC estimates that the FDIC's insurance fund lost $13.8 million on it.
1984-031987-03
Assets at the end$46.4 millionlast report before July 2, 1987
Deposits at the end$44.3 million
Estimated loss to the fund$13.8 millionFDIC
Largest in the quarterly reports$57.8 millionJune 30, 1986
Equity to assets1.1%March 31, 1987
Loans not being repaid29.7%noncurrent, March 31, 1987
Return on assets-0.87%a year's rate, March 31, 1987
Staff44full time, March 31, 1987
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.