The Graveyard › Banks › 1986
Commercial State Bank
Pocahontas, IA · failed June 27, 1986 · FDIC certificate 257
Commercial State Bank of Pocahontas, IA failed on June 27, 1986. It opened on July 3, 1926, 59 years before. At its last report before that it held $47.9 million in assets and $42.9 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $9.9 million on it.
1984-031986-03
Assets at the end$47.9 millionlast report before June 27, 1986
Deposits at the end$42.9 million
Estimated loss to the fund$9.9 millionFDIC
Largest in the quarterly reports$47.9 millionMarch 31, 1986
Equity to assets7.4%March 31, 1986
Loans not being repaid6.4%noncurrent, March 31, 1986
Return on assets-2.59%a year's rate, March 31, 1986
Staff18full time, March 31, 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.