The Graveyard › Banks › 1986
Danbury Bank
Danbury, TX · failed August 21, 1986 · FDIC certificate 20116
Danbury Bank of Danbury, TX failed on August 21, 1986. It opened on January 19, 1970, 16 years before. At its last report before that it held $9.4 million in assets and $9.6 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $11.8 million. The FDIC estimates that the FDIC's insurance fund lost $2.5 million on it.
1984-031986-06
Assets at the end$9.4 millionlast report before August 21, 1986
Deposits at the end$9.6 million
Estimated loss to the fund$2.5 millionFDIC
Largest in the quarterly reports$11.8 millionDecember 31, 1984
Equity to assets-4.0%June 30, 1986
Loans not being repaid12.6%noncurrent, June 30, 1986
Return on assets-17.22%a year's rate, June 30, 1986
Staff9full time, June 30, 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.