The Graveyard › Banks › 1985
Halifax National Bank of Port Orange
Port Orange, FL · failed March 1, 1985 · FDIC certificate 19064
Halifax National Bank of Port Orange of Port Orange, FL failed on March 1, 1985. It opened on March 23, 1964, 20 years before. At its last report before that it held $38.6 million in assets and $35.7 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.5 million on it.
1984-031984-12
Assets at the end$38.6 millionlast report before March 1, 1985
Deposits at the end$35.7 million
Estimated loss to the fund$2.5 millionFDIC
Largest in the quarterly reports$38.6 millionDecember 31, 1984
Equity to assets6.6%December 31, 1984
Loans not being repaid2.2%noncurrent, December 31, 1984
Return on assets0.53%a year's rate, December 31, 1984
Staff49full time, December 31, 1984
Also ended in 1985
- Bowery Savings Bank · New York · $5.3 billion in assets · assisted
- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 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.