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Deer Lodge Bank and Trust Company

Deer Lodge, MT · failed April 9, 1987 · FDIC certificate 8316

Deer Lodge Bank and Trust Company of Deer Lodge, MT failed on April 9, 1987. It opened on June 1, 1921, 65 years before. At its last report before that it held $15.2 million in assets and $14.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $22.8 million. The FDIC estimates that the FDIC's insurance fund lost $3.0 million on it.

1984-031986-12

Assets at the end$15.2 millionlast report before April 9, 1987

Deposits at the end$14.1 million

Estimated loss to the fund$3.0 millionFDIC

Largest in the quarterly reports$22.8 millionSeptember 30, 1984

Equity to assets1.0%December 31, 1986

Loans not being repaid11.2%noncurrent, December 31, 1986

Return on assets-9.22%a year's rate, December 31, 1986

Staff16full time, December 31, 1986

On the FDIC's list: DEER LODGE BANK & TRUST COMPANY.

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Also ended in 1987

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Vernon S&LA · Vernon, TX · $1.3 billion in assets
Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
Independent American SA · Irving, TX · $1.0 billion in assets
First Financial Bank, FSB · New Orleans · $744.9 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.