The Graveyard › Banks › 1993
The Wolfe City National Bank
Wolfe City, TX · failed July 29, 1993 · FDIC certificate 5592
The Wolfe City National Bank of Wolfe City, TX failed on July 29, 1993. It opened on March 8, 1889, 104 years before. At its last report before that it held $30.4 million in assets and $32.2 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1991, it held $50.8 million. The FDIC estimates that the Bank Insurance Fund lost $4.9 million on it.
1984-031993-06
Assets at the end$30.4 millionlast report before July 29, 1993
Deposits at the end$32.2 million
Estimated loss to the fund$4.9 millionBIF
Largest in the quarterly reports$50.8 millionMarch 31, 1991
Equity to assets-6.3%June 30, 1993
Loans not being repaid17.2%noncurrent, June 30, 1993
Return on assets-10.86%a year's rate, June 30, 1993
Staff21full time, June 30, 1993
Also ended in 1993
- Western FSB · Marina Del Ray, CA · $3.8 billion in assets
- Old Stone SB · Providence, RI · $1.8 billion in assets
- New England Savings Bank · New London, CT · $914.9 million in assets
- First National Bank of Vermont · Bradford, VT · $295.8 million in assets
- The Bank of San Diego · San Diego, CA · $294.3 million in assets
- Jefferson National Bank · Watertown, NY · $256.0 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.