The Graveyard › Banks › 1985
First Bank and Trust
Tracy City, TN · failed June 28, 1985 · FDIC certificate 4968
First Bank and Trust of Tracy City, TN failed on June 28, 1985. It opened on July 18, 1904, 80 years before. At its last report before that it held $21.1 million in assets and $19.7 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.9 million on it.
1984-031985-03
Assets at the end$21.1 millionlast report before June 28, 1985
Deposits at the end$19.7 million
Estimated loss to the fund$2.9 millionFDIC
Largest in the quarterly reports$21.4 millionDecember 31, 1984
Equity to assets5.4%March 31, 1985
Loans not being repaid7.8%noncurrent, March 31, 1985
Return on assets-2.84%a year's rate, March 31, 1985
Staff21full time, March 31, 1985
On the FDIC's list: FIRST BANK & TRUST.
Take today's blind testAlso ended in 1985
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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.