The Graveyard › Banks › 1988
The Village Bank
Great Falls, MT · failed April 22, 1988 · FDIC certificate 20327
The Village Bank of Great Falls, MT failed on April 22, 1988. It opened on December 11, 1970, 17 years before. At its last report before that it held $21.7 million in assets and $19.5 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $30.9 million. The FDIC estimates that the FDIC's insurance fund lost $894,551 on it.
1984-031988-03
Assets at the end$21.7 millionlast report before April 22, 1988
Deposits at the end$19.5 million
Estimated loss to the fund$894,551FDIC
Largest in the quarterly reports$30.9 millionDecember 31, 1985
Equity to assets3.1%March 31, 1988
Loans not being repaid15.2%noncurrent, March 31, 1988
Return on assets1.20%a year's rate, March 31, 1988
Staff25full time, March 31, 1988
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.