The Graveyard › Banks › 1983
The First National Bank of Midland
Midland, TX · failed October 14, 1983 · FDIC certificate 3343
The First National Bank of Midland of Midland, TX failed on October 14, 1983. It opened in 1890, 93 years before. At its last report before that it held $1.4 billion in assets and $780.1 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $526.6 million on it.
Assets at the end$1.4 billionlast report before October 14, 1983
Deposits at the end$780.1 million
Estimated loss to the fund$526.6 millionFDIC
On the FDIC's list: THE FIRST NAT BK OF MIDLAND.
Take today's blind testAlso ended in 1983
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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.