First Security Bank of Glendive
Glendive, MT · Owner: J & L Bcorp Inc
$32.4M
total assets, September 30, 1989
$32.4M
total assets, September 30, 1989
First Security Bank of Glendive was a state member bank in Glendive, MT, owned by J & L Bcorp Inc. It failed on Dec 1, 1989, and The First National Bank Of took over its deposits. At its last report it held $32.4 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Dec 1, 1989
- Assets
- $32.4M
- Deposits
- $31.9M
- Estimated cost
- $388K
- Deposits went to
- The First National Bank Of, Glendive, MT
Total assets
$32.4M
-9.5% in a year · -2.9% in a quarter
Deposits
$31.9M
-7.5% in a year · -0.8% in a quarter
Loans
$14.9M
-15.9% in a year · -4.0% in a quarter
Profit so far
-$560K
Jan 1 to Sep 30, 1989
Capital ratio
0.64%
-2.17 pts in a year
Return on assets
-2.21%
+0.35 pts in a year
Facts
- Type
- State member bank
- Head office
- Main Street, Glendive, MT, 59330
- County
- Dawson
- Holding company
- J & L Bcorp Inc
- Established
- Apr 1, 1901
- Failed
- Dec 1, 1989
- Employees
- 23
- Id
- b354
Quarter by quarter
March 31, 1984 to September 30, 1989
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 Security Bank of Glendive?
$32.4 million in total assets and $31.9 million in deposits as of September 30, 1989, with assets down 9.5% from a year before. Its loans were $14.9 million.
Is First Security Bank of Glendive profitable?
No: it lost $560,000 from January 1 to September 30, 1989. Its return on assets was -2.21% a year; about 1% is typical.
Who owns First Security Bank of Glendive?
First Security Bank of Glendive is owned by J & L Bcorp Inc, its holding company.
When did First Security Bank of Glendive fail?
Dec 1, 1989. The First National Bank Of of Glendive, MT took over its deposits. The estimated cost of the failure was $387,903.
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.