The Graveyard › Banks › 1986
Family Bank
Ogden, UT · failed March 28, 1986 · FDIC certificate 22432
Family Bank of Ogden, UT failed on March 28, 1986. It opened on March 17, 1977, 9 years before. At its last report before that it held $28.0 million in assets and $24.7 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.8 million on it.
1984-031985-12
Assets at the end$28.0 millionlast report before March 28, 1986
Deposits at the end$24.7 million
Estimated loss to the fund$2.8 millionFDIC
Largest in the quarterly reports$28.0 millionDecember 31, 1985
Equity to assets6.3%December 31, 1985
Loans not being repaid0.9%noncurrent, December 31, 1985
Return on assets1.18%a year's rate, December 31, 1985
Staff39full 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.