The Graveyard › Banks › 1986
Valley State Bank
Baggs, WY · failed October 17, 1986 · FDIC certificate 23409
Valley State Bank of Baggs, WY failed on October 17, 1986. It opened on May 4, 1981, 5 years before. At its last report before that it held $5.0 million in assets and $4.6 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $7.0 million. The FDIC estimates that the FDIC's insurance fund lost $718,276 on it.
1984-031986-06
Assets at the end$5.0 millionlast report before October 17, 1986
Deposits at the end$4.6 million
Estimated loss to the fund$718,276FDIC
Largest in the quarterly reports$7.0 millionMarch 31, 1985
Equity to assets5.6%June 30, 1986
Loans not being repaid9.5%noncurrent, June 30, 1986
Return on assets-1.97%a year's rate, June 30, 1986
Staff5full time, June 30, 1986
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.