Bank Failure
Metropolitan BK & TR Company
BankRegReports is independent of Metropolitan BK & TR Company and never asks for online banking logins or passwords.
Closed February 12, 1982 · Tampa, FL · FDIC Cert #21623.
- Closing date
- February 12, 1982
- Headquarters
- Tampa, FL
- FDIC Certificate
- 21623
- Total assets at closing
- $267.4M
- Total deposits at closing
- $210.2M
- Estimated loss to the insurance fund
- Not published (the FDIC feed carries no estimate for this failure)
- Insurance fund
- FDIC insurance fund
- Resolution
- Failure (closed by regulators)
- Acquirer
- Great American Bank of T
Context
On February 12, 1982, regulators closed Metropolitan BK & TR Company, headquartered in Tampa, FL. At closing, the institution held approximately $267.4M in assets and $210.2M in deposits. The FDIC record names Great American Bank of T as the acquiring institution in the resolution.
By assets at closing this is the 605th largest of the 3,526 bank failures in the FDIC record, and the 3rd of 34 in 1982. It falls in the period the record labels S&L / Banking Crisis (1980-1995), a period with 2,367 failures peaking at 530 in 1989.
Deregulation, interest-rate shocks, and commercial real estate blowups produced the worst US banking failure wave since the Depression. Resulted in FIRREA (1989) and the RTC.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Metropolitan BK & TR Company fail?
Metropolitan BK & TR Company was closed by regulators on February 12, 1982.
Who acquired Metropolitan BK & TR Company?
The FDIC record names Great American Bank of T as the acquiring institution in the resolution of Metropolitan BK & TR Company.
How big was Metropolitan BK & TR Company when it failed?
Metropolitan BK & TR Company had approximately $267.4M in total assets and $210.2M in deposits at the time of failure.
Other failures in 1982
| Date | Bank | Assets |
|---|---|---|
| Dec 16, 1982 | The Security State Bank | $11.6M |
| Dec 10, 1982 | Bollinger County Bank | $15.9M |
| Nov 19, 1982 | North Kansas Sa | $36.5M |
| Nov 19, 1982 | Ranchlander National Bank | $4.3M |
| Nov 12, 1982 | Bank of Quitman | $17.4M |
| Nov 5, 1982 | The First National Bank of South Charlesto | $28.6M |
| Nov 5, 1982 | Texas BK of Amarillo | $13.1M |
| Nov 2, 1982 | Cedar Bluff Bank | $13.7M |
Explore: all failures · FL bank events · 1982 events · events hub