First Exchange Bank of St. Louis
Saint Louis, MO · Owner: First Exchange Corp
$55.6M
total assets, March 31, 1992
$55.6M
total assets, March 31, 1992
First Exchange Bank of St. Louis was a state member bank in Saint Louis, MO, owned by First Exchange Corp. It failed on May 7, 1992, and Magna BK ST Louis Clayto took over its deposits. At its last report it held $55.6 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1992
This bank failed
- Failed on
- May 7, 1992
- Assets
- $55.6M
- Deposits
- $60.9M
- Estimated cost
- $7.1M
- Deposits went to
- Magna BK ST Louis Clayto, Clayton, MO
Total assets
$55.6M
-35.9% in a year · -17.6% in a quarter
Deposits
$60.9M
-23.6% in a year · -9.1% in a quarter
Loans
$39.4M
-37.5% in a year · -8.4% in a quarter
Profit so far
-$5.6M
Jan 1 to Mar 31, 1992
Capital ratio
-9.28%
-16.12 pts in a year
Return on assets
-36.28%
-35.78 pts in a year
Facts
- Type
- State member bank
- Head office
- 4305 Butler Hill Road, Saint Louis, MO, 63128
- County
- St. Louis City
- Holding company
- First Exchange Corp
- Established
- Mar 26, 1986
- Failed
- May 7, 1992
- Employees
- 23
- Id
- b26613
Quarter by quarter
March 31, 1986 to March 31, 1992
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First Exchange Bank of St. Louis?
$55.6 million in total assets and $60.9 million in deposits as of March 31, 1992, with assets down 35.9% from a year before. Its loans were $39.4 million.
Is First Exchange Bank of St. Louis profitable?
No: it lost $5.58 million from January 1 to March 31, 1992. Its return on assets was -36.28% a year; about 1% is typical.
Who owns First Exchange Bank of St. Louis?
First Exchange Bank of St. Louis is owned by First Exchange Corp, its holding company.
When did First Exchange Bank of St. Louis fail?
May 7, 1992. Magna BK ST Louis Clayto of Clayton, MO took over its deposits. The estimated cost of the failure was $7.07 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.