The Graveyard › Banks › 1998
Q Bank
Fort Benton, MT · failed August 7, 1998 · FDIC certificate 2174
Q Bank of Fort Benton, MT failed on August 7, 1998. It opened on November 26, 1915, 82 years before. At its last report before that it held $15.0 million in assets and $13.9 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1997, it held $17.7 million. The FDIC estimates that the Bank Insurance Fund lost $1.6 million on it.
1984-031998-06
Assets at the end$15.0 millionlast report before August 7, 1998
Deposits at the end$13.9 million
Estimated loss to the fund$1.6 millionBIF
Largest in the quarterly reports$17.7 millionDecember 31, 1997
Equity to assets6.7%June 30, 1998
Loans not being repaid17.7%noncurrent, June 30, 1998
Return on assets-11.11%a year's rate, June 30, 1998
Staff9full time, June 30, 1998
Also ended in 1998
- BestBank · Boulder, CO · $233.2 million in assets
- Omnibank · River Rouge, MI · $42.0 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.