The Graveyard › Banks › 1985

The Commercial Bank

Andalusia · assisted August 16, 1985 · FDIC certificate 55

The Commercial Bank of Andalusia was given assistance by the FDIC on August 16, 1985. The FDIC's list records an assistance transaction, not a closing. It opened on July 1, 1933, 52 years before. At its last report before that it held $77.8 million in assets and $76.4 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $93.7 million. The FDIC's list records no loss to the FDIC's insurance fund.

1984-031985-06

Assets at the end$77.8 millionlast report before August 16, 1985

Deposits at the end$76.4 million

Estimated loss to the fundnone recordedFDIC

Largest in the quarterly reports$93.7 millionMarch 31, 1985

Equity to assets6.9%June 30, 1985

Loans not being repaid8.0%noncurrent, June 30, 1985

Return on assets-26.82%a year's rate, June 30, 1985

Staff46full time, June 30, 1985

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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.