The Graveyard › Banks › 1986
Security Bank of Glenrock
Glenrock, WY · failed June 6, 1986 · FDIC certificate 23807
Security Bank of Glenrock of Glenrock, WY failed on June 6, 1986. It opened on May 12, 1982, 4 years before. At its last report before that it held $6.0 million in assets and $5.6 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $7.2 million. The FDIC estimates that the FDIC's insurance fund lost $2.3 million on it.
1984-031986-03
Assets at the end$6.0 millionlast report before June 6, 1986
Deposits at the end$5.6 million
Estimated loss to the fund$2.3 millionFDIC
Largest in the quarterly reports$7.2 millionDecember 31, 1985
Equity to assets4.5%March 31, 1986
Loans not being repaid16.6%noncurrent, March 31, 1986
Return on assets0.37%a year's rate, March 31, 1986
Staff9full 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.