The Graveyard › Banks › 1984
The Mississippi Bank
Jackson, MS · failed May 11, 1984 · FDIC certificate 17036
The Mississippi Bank of Jackson, MS failed on May 11, 1984. It opened on September 4, 1951, 32 years before. At its last report before that it held $238.0 million in assets and $183.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $20.0 million on it.
Assets at the end$238.0 millionlast report before May 11, 1984
Deposits at the end$183.0 million
Estimated loss to the fund$20.0 millionFDIC
Equity to assets0.6%March 31, 1984
Loans not being repaid6.5%noncurrent, March 31, 1984
Return on assets3.23%a year's rate, March 31, 1984
Staff282full time, March 31, 1984
Also ended in 1984
- Continental Illinois National Bank & Trust · Chicago · $40.0 billion in assets · assisted
- Continental Fs&La · Cleveland · $1.0 billion in assets · assisted
- San Marino S&LA · San Marino, CA · $856.8 million in assets
- Suburbia Fs&La · Garden City · $660.2 million in assets · assisted
- Century Fs&La · Cedarhurst · $651.7 million in assets · assisted
- Orange Savings Bank · Livingston · $513.4 million in assets · assisted
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.