The Graveyard › Banks › 1986
Heritage National Bank
Richardson, TX · failed September 25, 1986 · FDIC certificate 23738
Heritage National Bank of Richardson, TX failed on September 25, 1986. It opened on February 16, 1982, 4 years before. At its last report before that it held $33.1 million in assets and $30.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $14.1 million on it.
1984-031986-06
Assets at the end$33.1 millionlast report before September 25, 1986
Deposits at the end$30.0 million
Estimated loss to the fund$14.1 millionFDIC
Largest in the quarterly reports$33.1 millionJune 30, 1986
Equity to assets8.3%June 30, 1986
Loans not being repaid14.0%noncurrent, June 30, 1986
Return on assets0.66%a year's rate, June 30, 1986
Staff21full time, June 30, 1986
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.