The Graveyard › Banks › 1990
First National Bank of Crosby
Crosby, ND · failed September 13, 1990 · FDIC certificate 22505
First National Bank of Crosby of Crosby, ND failed on September 13, 1990. It opened on August 1, 1977, 13 years before. At its last report before that it held $12.4 million in assets and $12.3 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $22.5 million. The FDIC estimates that the Bank Insurance Fund lost $76,806 on it.
1984-031990-06
Assets at the end$12.4 millionlast report before September 13, 1990
Deposits at the end$12.3 million
Estimated loss to the fund$76,806BIF
Largest in the quarterly reports$22.5 millionMarch 31, 1986
Equity to assets-0.1%June 30, 1990
Loans not being repaid7.6%noncurrent, June 30, 1990
Return on assets-1.94%a year's rate, June 30, 1990
Staff10full time, June 30, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.