The Graveyard › Banks › 1986
Union County Bank
Maynardville, TN · failed April 22, 1986 · FDIC certificate 16943
Union County Bank of Maynardville, TN failed on April 22, 1986. It opened on October 2, 1950, 35 years before. At its last report before that it held $32.9 million in assets and $30.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $3.5 million on it.
1984-031985-12
Assets at the end$32.9 millionlast report before April 22, 1986
Deposits at the end$30.4 million
Estimated loss to the fund$3.5 millionFDIC
Equity to assets1.0%December 31, 1985
Loans not being repaid23.5%noncurrent, December 31, 1985
Return on assets-4.02%a year's rate, December 31, 1985
Staff31full time, December 31, 1985
Also ended in 1986
- Western S&LA · Dallas, TX · $2.0 billion in assets
- The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
- Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
- National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
- Mainland S&LA · Houston, TX · $1.0 billion in assets
- American Diversified Savings Bank · Costa Mesa · $978.6 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.