The Graveyard › Banks › 1991
First National Bank, Bedford
Bedford, TX · failed October 24, 1991 · FDIC certificate 25837
First National Bank, Bedford of Bedford, TX failed on October 24, 1991. It opened on December 17, 1984, 6 years before. At its last report before that it held $23.2 million in assets and $23.3 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1986, it held $31.8 million. The FDIC estimates that the Bank Insurance Fund lost $2.4 million on it.
1984-121991-06
Assets at the end$23.2 millionlast report before October 24, 1991
Deposits at the end$23.3 million
Estimated loss to the fund$2.4 millionBIF
Largest in the quarterly reports$31.8 millionDecember 31, 1986
Equity to assets-1.2%June 30, 1991
Loans not being repaid6.5%noncurrent, June 30, 1991
Return on assets-6.97%a year's rate, June 30, 1991
Staff20full time, June 30, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 billion 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.