The Graveyard › Banks › 1986
Stockholm State Bank
Stockholm, SD · failed March 27, 1986 · FDIC certificate 9951
Stockholm State Bank of Stockholm, SD failed on March 27, 1986. It opened on May 8, 1907, 78 years before. At its last report before that it held $7.2 million in assets and $6.6 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $991,473 on it.
1984-031985-12
Assets at the end$7.2 millionlast report before March 27, 1986
Deposits at the end$6.6 million
Estimated loss to the fund$991,473FDIC
Largest in the quarterly reports$7.2 millionDecember 31, 1985
Equity to assets5.5%December 31, 1985
Loans not being repaid13.1%noncurrent, December 31, 1985
Return on assets-1.10%a year's rate, December 31, 1985
Staff4full time, December 31, 1985
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.