The Graveyard › Banks › 1986
First National Bank of Borger
Borger, TX · failed June 19, 1986 · FDIC certificate 16683
First National Bank of Borger of Borger, TX failed on June 19, 1986. It opened on March 17, 1948, 38 years before. At its last report before that it held $80.1 million in assets and $75.2 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $29.5 million on it.
1984-031986-03
Assets at the end$80.1 millionlast report before June 19, 1986
Deposits at the end$75.2 million
Estimated loss to the fund$29.5 millionFDIC
Equity to assets5.1%March 31, 1986
Loans not being repaid3.2%noncurrent, March 31, 1986
Return on assets0.49%a year's rate, March 31, 1986
Staff51full 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.