$28.0M
total assets, December 31, 1985
Family Bank was a state nonmember bank in Ogden, UT. It failed on Mar 28, 1986, and Commercial Security Bank took over its deposits. At its last report it held $28.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Mar 28, 1986
- Assets
- $28.0M
- Deposits
- $24.7M
- Estimated cost
- $2.8M
- Deposits went to
- Commercial Security Bank, Ogden, UT
Total assets
$28.0M
+22.3% in a year · +23.1% in a quarter
Deposits
$24.7M
+23.3% in a year · +26.5% in a quarter
Loans
$15.6M
+21.4% in a year · +3.5% in a quarter
Profit so far
$272K
Jan 1 to Dec 31, 1985 · +71.1% in a year
Capital ratio
7.26%
+0.18 pts in a year
Return on assets
1.18%
+0.32 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 21 Harrisville Road, Ogden, UT, 84404
- County
- Weber
- Established
- Mar 17, 1977
- Failed
- Mar 28, 1986
- Employees
- 39
- Id
- b22432
Quarter by quarter
March 31, 1984 to December 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 8
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Family Bank?
$28.0 million in total assets and $24.7 million in deposits as of December 31, 1985, with assets up 22.3% from a year before. Its loans were $15.6 million.
Is Family Bank profitable?
Yes: it earned $272,000 from January 1 to December 31, 1985 (up 71.1% from the same months a year before). Its return on assets was 1.18% a year; about 1% is typical.
When did Family Bank fail?
Mar 28, 1986. Commercial Security Bank of Ogden, UT took over its deposits. The estimated cost of the failure was $2.76 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.