The Graveyard › Banks › 1988
Marshall County Bank
Britton, SD · failed August 19, 1988 · FDIC certificate 497
Marshall County Bank of Britton, SD failed on August 19, 1988. It opened on August 1, 1927, 61 years before. At its last report before that it held $10.7 million in assets and $9.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $229,170 on it.
1984-031988-06
Assets at the end$10.7 millionlast report before August 19, 1988
Deposits at the end$9.4 million
Estimated loss to the fund$229,170FDIC
Largest in the quarterly reports$10.7 millionJune 30, 1988
Equity to assets6.5%June 30, 1988
Loans not being repaid1.8%noncurrent, June 30, 1988
Return on assets-0.15%a year's rate, June 30, 1988
Staff11full time, June 30, 1988
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion in assets · assisted
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.