The Graveyard › Banks › 1984
Coalmont Savings Bank
Coalmont, TN · failed July 24, 1984 · FDIC certificate 10699
Coalmont Savings Bank of Coalmont, TN failed on July 24, 1984. It opened on April 12, 1921, 63 years before. At its last report before that it held $25.7 million in assets and $24.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $7.8 million on it.
Assets at the end$25.7 millionlast report before July 24, 1984
Deposits at the end$24.0 million
Estimated loss to the fund$7.8 millionFDIC
Equity to assets5.3%March 31, 1984
Loans not being repaid29.9%noncurrent, March 31, 1984
Return on assets0.28%a year's rate, March 31, 1984
Staff30full time, March 31, 1984
Also ended in 1984
- Continental Illinois National Bank & Trust · Chicago · $40.0 billion in assets · assisted
- Continental Fs&La · Cleveland · $1.0 billion in assets · assisted
- San Marino S&LA · San Marino, CA · $856.8 million in assets
- Suburbia Fs&La · Garden City · $660.2 million in assets · assisted
- Century Fs&La · Cedarhurst · $651.7 million in assets · assisted
- Orange Savings Bank · Livingston · $513.4 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.