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East Texas NB of Marshall

Marshall, TX · failed July 9, 1999 · FDIC certificate 25272

East Texas NB of Marshall of Marshall, TX failed on July 9, 1999. It opened on July 16, 1984, 14 years before. At its last report before that it held $121.6 million in assets and $113.1 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1998, it held $156.3 million. The FDIC estimates that the Bank Insurance Fund lost $9.9 million on it.

1984-091999-03
Assets at the end$121.6 millionlast report before July 9, 1999
Deposits at the end$113.1 million
Estimated loss to the fund$9.9 millionBIF
Largest in the quarterly reports$156.3 millionMarch 31, 1998
Equity to assets-0.5%March 31, 1999
Loans not being repaid16.5%noncurrent, March 31, 1999
Return on assets-17.12%a year's rate, March 31, 1999
Staff72full time, March 31, 1999
Could you have seen it coming? Play Dot-com

Also ended in 1999

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.