The Graveyard › Banks › 1986
First Bank & Trust Co.
Booker, TX · failed December 18, 1986 · FDIC certificate 12294
First Bank & Trust Co. of Booker, TX failed on December 18, 1986. It opened in 1924, 62 years before. At its last report before that it held $94.9 million in assets and $84.6 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $35.8 million on it.
1984-031986-09
Assets at the end$94.9 millionlast report before December 18, 1986
Deposits at the end$84.6 million
Estimated loss to the fund$35.8 millionFDIC
Equity to assets6.8%September 30, 1986
Loans not being repaid8.4%noncurrent, September 30, 1986
Return on assets0.09%a year's rate, September 30, 1986
Staff65full time, September 30, 1986
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.