The Graveyard › Banks › 1985
Strong's Bank
Dodgeville, WI · failed June 14, 1985 · FDIC certificate 11613
Strong's Bank of Dodgeville, WI failed on June 14, 1985. It opened in 1881, 104 years before. At its last report before that it held $30.7 million in assets and $28.2 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $1,659 on it.
1984-031985-03
Assets at the end$30.7 millionlast report before June 14, 1985
Deposits at the end$28.2 million
Estimated loss to the fund$1,659FDIC
Largest in the quarterly reports$31.2 millionDecember 31, 1984
Equity to assets6.3%March 31, 1985
Loans not being repaid17.6%noncurrent, March 31, 1985
Return on assets0.48%a year's rate, March 31, 1985
Staff25full time, March 31, 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.