The Graveyard › Banks › 1986

First Security S&LA

Grand Junction · assisted November 21, 1986 · FDIC certificate 32105

First Security S&LA of Grand Junction was given assistance by the FSLIC on November 21, 1986. The FDIC's list records an assistance transaction, not a closing. It opened on November 13, 1981, 5 years before. At its last report before that it held $55.2 million in assets and $52.1 million in deposits. The FDIC's list records no loss to the FSLIC's fund.

1984-031986-09

Assets at the end$55.2 millionlast report before November 21, 1986

Deposits at the end$52.1 million

Estimated loss to the fundnone recordedFSLIC

Largest in the quarterly reports$57.6 millionDecember 31, 1985

Equity to assets-5.0%September 30, 1986

Loans not being repaid29.9%noncurrent, September 30, 1986

Return on assets-4.67%a year's rate, September 30, 1986

On the FDIC's list: FIRST SECURITY S&LA.

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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.