The Graveyard › Banks › 1988
The Peoples State Bank & Trust Co
Ellinwood · assisted January 7, 1988 · FDIC certificate 12133
The Peoples State Bank & Trust Co of Ellinwood was given assistance by the FDIC on January 7, 1988. The FDIC's list records an assistance transaction, not a closing. It opened on March 8, 1908, 79 years before. At its last report before that it held $36.6 million in assets and $39.6 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.5 million on it.
1984-031987-12
Assets at the end$36.6 millionlast report before January 7, 1988
Deposits at the end$39.6 million
Estimated loss to the fund$2.5 millionFDIC
Equity to assets-9.9%December 31, 1987
Loans not being repaid19.7%noncurrent, December 31, 1987
Return on assets-15.30%a year's rate, December 31, 1987
Staff24full time, December 31, 1987
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion 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.