The Graveyard › Banks › 1985
Scroggin and Company Bank
Oak, NE · failed May 31, 1985 · FDIC certificate 19117
Scroggin and Company Bank of Oak, NE failed on May 31, 1985. It opened in 1898, 87 years before. At its last report before that it held $3.6 million in assets and $3.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $4.2 million. The FDIC estimates that the FDIC's insurance fund lost $165,372 on it.
1984-031985-03
Assets at the end$3.6 millionlast report before May 31, 1985
Deposits at the end$3.2 million
Estimated loss to the fund$165,372FDIC
Largest in the quarterly reports$4.2 millionDecember 31, 1984
Equity to assets8.1%March 31, 1985
Loans not being repaid2.2%noncurrent, March 31, 1985
Return on assets0.72%a year's rate, March 31, 1985
Staff4full time, March 31, 1985
On the FDIC's list: SCROGGIN & COMPANY BANK.
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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.