The Graveyard › Banks › 1985
The Energy Bank, N.A.
Dallas, TX · failed May 16, 1985 · FDIC certificate 23889
The Energy Bank, N.A. of Dallas, TX failed on May 16, 1985. It opened on June 15, 1982, 2 years before. At its last report before that it held $29.7 million in assets and $27.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $7.5 million on it.
1984-031985-03
Assets at the end$29.7 millionlast report before May 16, 1985
Deposits at the end$27.4 million
Estimated loss to the fund$7.5 millionFDIC
Equity to assets0.9%March 31, 1985
Loans not being repaid26.4%noncurrent, March 31, 1985
Return on assets-19.77%a year's rate, March 31, 1985
Staff21full 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.