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Bank Failure

EMPIRE S&LA

Closed March 14, 1984 · MESQUITE, TX · FDIC Cert #31716.

Closing date
March 14, 1984
Headquarters
MESQUITE, TX
FDIC Certificate
31716
Total assets at closing
$332,512,000
Total deposits at closing
$303,451,000
Estimated loss to DIF
$266,905,000
Resolution type
other

Context

On March 14, 1984, regulators closed EMPIRE S&LA, headquartered in MESQUITE, TX. At closing, the institution held approximately $332,512,000 in assets and $303,451,000 in deposits. The FDIC resolved the institution without a single-acquirer transaction. The estimated cost to the FDIC Deposit Insurance Fund was approximately $266,905,000.

Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.

Other failures in 1984

DateBankHQAssets
1984-12-22FIRST SECURITY BANKSANDWICH, IL$13,422,000
1984-12-20THE FARMERS STATE BANKSELDEN, KS$14,578,000
1984-12-18UEHLING STATE BANKUEHLING, NE$4,224,000
1984-12-11UNIVERSITY BANK OF WICHITAWICHITA, KS$4,700,000
1984-12-07SAN MARINO S&LASAN MARINO, CA$856,806,000
1984-12-07FARMERS STATE BK OF HOLYOKEHOLYOKE, CO$3,901,000
1984-12-04GOLDEN SPIKE STATE BANKTREMONTON, UT$7,788,000
1984-11-30THE DAYTON BK & TR CO.DAYTON, TN$51,433,000