The Graveyard › Banks › 1984
First American Banking Company
Pendleton, OR · failed November 16, 1984 · FDIC certificate 21016
First American Banking Company of Pendleton, OR failed on November 16, 1984. It opened on April 2, 1973, 11 years before. At its last report before that it held $18.6 million in assets and $15.3 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.2 million on it.
1984-031984-09
Assets at the end$18.6 millionlast report before November 16, 1984
Deposits at the end$15.3 million
Estimated loss to the fund$2.2 millionFDIC
Equity to assets0.5%September 30, 1984
Loans not being repaid3.8%noncurrent, September 30, 1984
Return on assets-2.01%a year's rate, September 30, 1984
Staff19full time, September 30, 1984
Also ended in 1984
- Continental Illinois National Bank & Trust · Chicago · $40.0 billion in assets · assisted
- 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.