The Graveyard › Banks › 1986
Executive Center Bank, N.A.
Dallas, TX · failed February 14, 1986 · FDIC certificate 25162
Executive Center Bank, N.A. of Dallas, TX failed on February 14, 1986. It opened on May 18, 1984, 1 year before. At its last report before that it held $9.9 million in assets and $9.6 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $16.6 million. The FDIC estimates that the FDIC's insurance fund lost $3.2 million on it.
1984-061985-12
Assets at the end$9.9 millionlast report before February 14, 1986
Deposits at the end$9.6 million
Estimated loss to the fund$3.2 millionFDIC
Largest in the quarterly reports$16.6 millionMarch 31, 1985
Equity to assets1.9%December 31, 1985
Loans not being repaid2.9%noncurrent, December 31, 1985
Return on assets-14.35%a year's rate, December 31, 1985
Staff9full time, December 31, 1985
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.