The Graveyard › Banks › 1986
The First National Bank of Bandera
Bandera, TX · failed April 24, 1986 · FDIC certificate 3088
The First National Bank of Bandera of Bandera, TX failed on April 24, 1986. It opened on August 18, 1920, 65 years before. At its last report before that it held $15.5 million in assets and $15.1 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $23.5 million. The FDIC estimates that the FDIC's insurance fund lost $2.5 million on it.
1984-031985-12
Assets at the end$15.5 millionlast report before April 24, 1986
Deposits at the end$15.1 million
Estimated loss to the fund$2.5 millionFDIC
Largest in the quarterly reports$23.5 millionMarch 31, 1985
Equity to assets1.8%December 31, 1985
Loans not being repaid18.0%noncurrent, December 31, 1985
Return on assets-3.61%a year's rate, December 31, 1985
Staff16full 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.
