The Graveyard › Banks › 1985
Northshore Bank
Houston, TX · failed November 8, 1985 · FDIC certificate 18859
Northshore Bank of Houston, TX failed on November 8, 1985. It opened on August 10, 1963, 22 years before. At its last report before that it held $47.2 million in assets and $43.3 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $60.6 million. The FDIC estimates that the FDIC's insurance fund lost $12.2 million on it.
1984-031985-09
Assets at the end$47.2 millionlast report before November 8, 1985
Deposits at the end$43.3 million
Estimated loss to the fund$12.2 millionFDIC
Largest in the quarterly reports$60.6 millionDecember 31, 1984
Equity to assets4.1%September 30, 1985
Loans not being repaid20.8%noncurrent, September 30, 1985
Return on assets-8.64%a year's rate, September 30, 1985
Staff49full time, September 30, 1985
Also ended in 1985
- Bowery Savings Bank · New York · $5.3 billion in assets · assisted
- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 billion 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.