The Graveyard › Banks › 1989
MBank Longview, National Association
Longview, TX · failed March 28, 1989 · FDIC certificate 3309
MBank Longview, National Association of Longview, TX failed on March 28, 1989. It opened on July 19, 1889, 99 years before. At its last report before that it held $265.0 million in assets and $254.7 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $11.3 million on it.
1984-031988-12
Assets at the end$265.0 millionlast report before March 28, 1989
Deposits at the end$254.7 million
Estimated loss to the fund$11.3 millionFDIC
Largest in the quarterly reports$266.6 millionSeptember 30, 1988
Equity to assets2.5%December 31, 1988
Loans not being repaid1.4%noncurrent, December 31, 1988
Return on assets-0.13%a year's rate, December 31, 1988
Staff75full time, December 31, 1988
On the FDIC's list: MBANK LONGVIEW, NATIONAL ASSOC.
Take today's blind testAlso ended in 1989
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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.