The Graveyard › Banks › 1984

East Texas Bank & Trust Co.

Longview, TX · failed June 29, 1984 · FDIC certificate 16654

East Texas Bank & Trust Co. of Longview, TX failed on June 29, 1984. It opened on December 6, 1947, 36 years before. At its last report before that it held $106.1 million in assets and $97.1 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $19.9 million on it.

Assets at the end$106.1 millionlast report before June 29, 1984

Deposits at the end$97.1 million

Estimated loss to the fund$19.9 millionFDIC

Equity to assets7.5%March 31, 1984

Loans not being repaid13.1%noncurrent, March 31, 1984

Return on assets-0.09%a year's rate, March 31, 1984

Staff76full time, March 31, 1984

On the FDIC's list: EAST TEXAS BK & TR CO..

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Also ended in 1984

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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.