The Graveyard › Banks › 1988

Community Bank and Trust

Rockdale, TX · failed September 22, 1988 · FDIC certificate 22992

Community Bank and Trust of Rockdale, TX failed on September 22, 1988. It opened on December 3, 1979, 8 years before. At its last report before that it held $14.9 million in assets and $14.3 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $22.9 million. The FDIC estimates that the FDIC's insurance fund lost $3.7 million on it.

1984-031988-06

Assets at the end$14.9 millionlast report before September 22, 1988

Deposits at the end$14.3 million

Estimated loss to the fund$3.7 millionFDIC

Largest in the quarterly reports$22.9 millionMarch 31, 1986

Equity to assets3.5%June 30, 1988

Loans not being repaid18.9%noncurrent, June 30, 1988

Return on assets-3.09%a year's rate, June 30, 1988

Staff12full time, June 30, 1988

On the FDIC's list: COMMUNITY BANK & TRUST.

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Also ended in 1988

American S&LA · Stockton · $30.2 billion in assets · assisted
First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
Gibraltar SA · Houston · $6.5 billion in assets · assisted
United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
First Texas Savings Association · Dallas · $3.1 billion 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.