The Graveyard › Banks › 1988

Tracy-Collins Bank and Trust Company

Salt Lake City · assisted December 30, 1988 · FDIC certificate 1259

Tracy-Collins Bank and Trust Company of Salt Lake City was given assistance by the FDIC on December 30, 1988. The FDIC's list records an assistance transaction, not a closing. It opened in 1884, 104 years before. At its last report before that it held $213.3 million in assets and $196.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $292.9 million. The FDIC estimates that the FDIC's insurance fund lost $88,207 on it.

1984-031988-09

Assets at the end$213.3 millionlast report before December 30, 1988

Deposits at the end$196.0 million

Estimated loss to the fund$88,207FDIC

Largest in the quarterly reports$292.9 millionSeptember 30, 1984

Equity to assets4.7%September 30, 1988

Loans not being repaid8.7%noncurrent, September 30, 1988

Return on assets-1.23%a year's rate, September 30, 1988

Staff219full time, September 30, 1988

On the FDIC's list: TRACY-COLLINS BANK & TRUST COMPANY.

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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.