The Graveyard › Banks › 1992
Jackson Exchange Bank & Trust Co
Jackson, MO · failed May 7, 1992 · FDIC certificate 9380
Jackson Exchange Bank & Trust Co of Jackson, MO failed on May 7, 1992. It opened in 1894, 98 years before. At its last report before that it held $123.3 million in assets and $127.8 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1990, it held $172.9 million. The FDIC estimates that the Bank Insurance Fund lost $16.4 million on it.
1984-031992-03
Assets at the end$123.3 millionlast report before May 7, 1992
Deposits at the end$127.8 million
Estimated loss to the fund$16.4 millionBIF
Largest in the quarterly reports$172.9 millionSeptember 30, 1990
Equity to assets-4.6%March 31, 1992
Loans not being repaid11.6%noncurrent, March 31, 1992
Return on assets-22.98%a year's rate, March 31, 1992
Staff73full time, March 31, 1992
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.