The Graveyard › Banks › 1986
Mountain Valley Bank
Conifer, CO · failed July 25, 1986 · FDIC certificate 23021
Mountain Valley Bank of Conifer, CO failed on July 25, 1986. It opened on January 3, 1980, 6 years before. At its last report before that it held $8.1 million in assets and $7.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $9.1 million. The FDIC estimates that the FDIC's insurance fund lost $579,782 on it.
1984-031986-03
Assets at the end$8.1 millionlast report before July 25, 1986
Deposits at the end$7.3 million
Estimated loss to the fund$579,782FDIC
Largest in the quarterly reports$9.1 millionJune 30, 1985
Equity to assets8.1%March 31, 1986
Loans not being repaid9.4%noncurrent, March 31, 1986
Return on assets-3.17%a year's rate, March 31, 1986
Staff14full time, March 31, 1986
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.