The Graveyard › Banks › 1983
Metro Bank
Midland, TX · failed July 29, 1983 · FDIC certificate 22765
Metro Bank of Midland, TX failed on July 29, 1983. It opened on December 1, 1978, 4 years before. At its last report before that it held $33.6 million in assets and $31.1 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $13.2 million on it.
Assets at the end$33.6 millionlast report before July 29, 1983
Deposits at the end$31.1 million
Estimated loss to the fund$13.2 millionFDIC
Also ended in 1983
- Dry Dock Savings Bank · New York · $2.5 billion in assets · assisted
- Suburban S&LA · Wayne · $2.0 billion in assets · assisted
- Biscayne Fs&La · Miami · $1.9 billion in assets · assisted
- The First National Bank of Midland · Midland, TX · $1.4 billion in assets
- United American Bank in Knoxville · Knoxville · $760.5 million in assets · assisted
- Carondelet S&LA Also Case 115 · St. Louis · $740.6 million 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.