The Graveyard › Banks › 1984
First Fs and La of Grand Forks and Minot
Minot · assisted April 2, 1984 · FDIC certificate 29184
First Fs and La of Grand Forks and Minot of Minot was given assistance by the FSLIC on April 2, 1984. The FDIC's list records an assistance transaction, not a closing. It opened in 1925, 59 years before. At its last report before that it held $246.0 million in assets and $210.6 million in deposits. The FDIC estimates that the FSLIC's fund lost $40.5 million on it.
Assets at the end$246.0 millionlast report before April 2, 1984
Deposits at the end$210.6 million
Estimated loss to the fund$40.5 millionFSLIC
Equity to assets-14.4%March 31, 1984
Loans not being repaid10.4%noncurrent, March 31, 1984
Return on assets-5.44%a year's rate, March 31, 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.