The Graveyard › Banks › 1986
Firstsouth Fs&La
Pine Bluff, AR · failed December 5, 1986 · FDIC certificate 29048
Firstsouth Fs&La of Pine Bluff, AR failed on December 5, 1986. It opened on July 1, 1934, 52 years before. At its last report before that it held $1.7 billion in assets and $1.5 billion in deposits. The FDIC estimates that the FSLIC's fund lost $1.7 billion on it.
1984-031986-09
Assets at the end$1.7 billionlast report before December 5, 1986
Deposits at the end$1.5 billion
Estimated loss to the fund$1.7 billionFSLIC
Largest in the quarterly reports$1.7 billionDecember 31, 1985
Equity to assets-5.3%September 30, 1986
Loans not being repaid24.0%noncurrent, September 30, 1986
Return on assets-10.86%a year's rate, September 30, 1986
On the FDIC's list: FIRSTSOUTH FS&LA.
Take today's blind testAlso ended in 1986
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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.