The Graveyard › Banks › 1987
The First National Bank of Wilmont
Wilmont, MN · failed May 29, 1987 · FDIC certificate 5275
The First National Bank of Wilmont of Wilmont, MN failed on May 29, 1987. It opened on April 13, 1900, 87 years before. At its last report before that it held $13.3 million in assets and $11.8 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.0 million on it.
1984-031987-03
Assets at the end$13.3 millionlast report before May 29, 1987
Deposits at the end$11.8 million
Estimated loss to the fund$2.0 millionFDIC
Largest in the quarterly reports$13.3 millionMarch 31, 1987
Equity to assets7.5%March 31, 1987
Loans not being repaid4.0%noncurrent, March 31, 1987
Return on assets1.68%a year's rate, March 31, 1987
Staff7full time, March 31, 1987
On the FDIC's list: FIRST NATIONAL BANK OF WILMONT.
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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.