The Graveyard › Banks › 1986

Citizens Bank & Trust Company

Arcadia · assisted December 31, 1986 · FDIC certificate 20492

Citizens Bank & Trust Company of Arcadia was given assistance by the FDIC on December 31, 1986. The FDIC's list records an assistance transaction, not a closing. It opened on October 4, 1971, 15 years before. At its last report before that it held $10.4 million in assets and $10.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $15.6 million. The FDIC estimates that the FDIC's insurance fund lost $197,113 on it.

1984-031986-09

Assets at the end$10.4 millionlast report before December 31, 1986

Deposits at the end$10.7 million

Estimated loss to the fund$197,113FDIC

Largest in the quarterly reports$15.6 millionJune 30, 1984

Equity to assets-3.2%September 30, 1986

Loans not being repaid19.1%noncurrent, September 30, 1986

Return on assets-6.77%a year's rate, September 30, 1986

Staff11full time, September 30, 1986

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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.