The Graveyard › Banks › 1985
The First National Bank of Darouzzet
Darrouzett, TX · failed July 18, 1985 · FDIC certificate 3166
The First National Bank of Darouzzet of Darrouzett, TX failed on July 18, 1985. It opened on January 6, 1925, 60 years before. At its last report before that it held $18.2 million in assets and $11.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $4.1 million on it.
1984-031985-03
Assets at the end$18.2 millionlast report before July 18, 1985
Deposits at the end$11.4 million
Estimated loss to the fund$4.1 millionFDIC
Largest in the quarterly reports$18.4 millionDecember 31, 1984
Equity to assets4.7%March 31, 1985
Loans not being repaid7.2%noncurrent, March 31, 1985
Return on assets0.15%a year's rate, March 31, 1985
Staff15full 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.