The Graveyard › Banks › 1985
The First National Bank of Rockland
Ramapo, NY · failed September 13, 1985 · FDIC certificate 21562
The First National Bank of Rockland of Ramapo, NY failed on September 13, 1985. It opened on May 5, 1974, 11 years before. At its last report before that it held $29.5 million in assets and $25.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $31.4 million. The FDIC's list records no loss to the FDIC's insurance fund.
1984-031985-03
Assets at the end$29.5 millionlast report before September 13, 1985
Deposits at the end$25.3 million
Estimated loss to the fundnone recordedFDIC
Largest in the quarterly reports$31.4 millionSeptember 30, 1984
Equity to assets2.1%March 31, 1985
Loans not being repaid0.4%noncurrent, March 31, 1985
Return on assets-0.36%a year's rate, March 31, 1985
Staff22full 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.