The Graveyard › Banks › 1986
First Bank & Trust of Idaho
Malad City, ID · failed May 9, 1986 · FDIC certificate 2864
First Bank & Trust of Idaho of Malad City, ID failed on May 9, 1986. It opened on October 1, 1907, 78 years before. At its last report before that it held $55.9 million in assets and $51.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $74.3 million. The FDIC estimates that the FDIC's insurance fund lost $17.2 million on it.
1984-031986-03
Assets at the end$55.9 millionlast report before May 9, 1986
Deposits at the end$51.9 million
Estimated loss to the fund$17.2 millionFDIC
Largest in the quarterly reports$74.3 millionSeptember 30, 1984
Equity to assets5.0%March 31, 1986
Loans not being repaid39.8%noncurrent, March 31, 1986
Return on assets-2.78%a year's rate, March 31, 1986
Staff56full time, March 31, 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.