The Graveyard › Banks › 1986

Mid Valley Bank

Omak · assisted August 30, 1986 · FDIC certificate 20178

Mid Valley Bank of Omak was given assistance by the FDIC on August 30, 1986. The FDIC's list records an assistance transaction, not a closing. It opened on May 15, 1970, 16 years before. At its last report before that it held $39.1 million in assets and $39.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $58.5 million. The FDIC estimates that the FDIC's insurance fund lost $220,917 on it.

1984-031986-06

Assets at the end$39.1 millionlast report before August 30, 1986

Deposits at the end$39.1 million

Estimated loss to the fund$220,917FDIC

Largest in the quarterly reports$58.5 millionSeptember 30, 1984

Equity to assets-0.4%June 30, 1986

Loans not being repaid20.4%noncurrent, June 30, 1986

Return on assets-5.11%a year's rate, June 30, 1986

Staff61full time, June 30, 1986

Take today's blind test

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.