The Graveyard › Banks › 1986
The Lone Rock Bank, N.A.
Lone Rock, IA · failed May 29, 1986 · FDIC certificate 25297
The Lone Rock Bank, N.A. of Lone Rock, IA failed on May 29, 1986. At its last report before that it held $7.5 million in assets and $7.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $8.9 million. The FDIC estimates that the FDIC's insurance fund lost $2.2 million on it.
1984-091986-03
Assets at the end$7.5 millionlast report before May 29, 1986
Deposits at the end$7.2 million
Estimated loss to the fund$2.2 millionFDIC
Largest in the quarterly reports$8.9 millionDecember 31, 1984
Equity to assets1.7%March 31, 1986
Loans not being repaid21.7%noncurrent, March 31, 1986
Return on assets-5.95%a year's rate, March 31, 1986
Staff5full time, March 31, 1986
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.