The Graveyard › Banks › 1983
First Peoples Bank of Washington County
Johnson City, TN · failed July 29, 1983 · FDIC certificate 8429
First Peoples Bank of Washington County of Johnson City, TN failed on July 29, 1983. It opened in 1920, 63 years before. At its last report before that it held $177.8 million in assets and $175.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $72.5 million on it.
Assets at the end$177.8 millionlast report before July 29, 1983
Deposits at the end$175.0 million
Estimated loss to the fund$72.5 millionFDIC
Also ended in 1983
- Dry Dock Savings Bank · New York · $2.5 billion in assets · assisted
- Suburban S&LA · Wayne · $2.0 billion in assets · assisted
- Biscayne Fs&La · Miami · $1.9 billion in assets · assisted
- The First National Bank of Midland · Midland, TX · $1.4 billion in assets
- United American Bank in Knoxville · Knoxville · $760.5 million in assets · assisted
- Carondelet S&LA Also Case 115 · St. Louis · $740.6 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.