The Graveyard › Banks › 1985
Citizens Fidelity Bank
Bristol, TN · failed February 1, 1985 · FDIC certificate 22822
Citizens Fidelity Bank of Bristol, TN failed on February 1, 1985. It opened on March 5, 1979, 5 years before. At its last report before that it held $18.2 million in assets and $17.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $22.2 million. The FDIC estimates that the FDIC's insurance fund lost $4.1 million on it.
1984-031984-09
Assets at the end$18.2 millionlast report before February 1, 1985
Deposits at the end$17.6 million
Estimated loss to the fund$4.1 millionFDIC
Largest in the quarterly reports$22.2 millionJune 30, 1984
Equity to assets1.1%September 30, 1984
Loans not being repaid19.3%noncurrent, September 30, 1984
Return on assets-7.14%a year's rate, September 30, 1984
Staff23full time, September 30, 1984
Also ended in 1985
- Bowery Savings Bank · New York · $5.3 billion in assets · assisted
- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 billion 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.