Williston Basin State Bank
Williston, ND
$14.0M
total assets, September 30, 1987
$14.0M
total assets, September 30, 1987
Williston Basin State Bank was a state nonmember bank in Williston, ND. It failed on Jan 21, 1988, and First NB&T Co Of Willist took over its deposits. At its last report it held $14.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Jan 21, 1988
- Assets
- $14.0M
- Deposits
- $13.6M
- Estimated cost
- $4.4M
- Deposits went to
- First NB&T Co Of Willist, Williston, ND
Total assets
$14.0M
-14.8% in a year · +0.7% in a quarter
Deposits
$13.6M
-9.9% in a year · +6.5% in a quarter
Loans
$8.3M
-10.8% in a year · -6.2% in a quarter
Profit so far
-$610K
Jan 1 to Sep 30, 1987
Capital ratio
1.44%
-5.60 pts in a year
Return on assets
-5.65%
-2.58 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2204 Second Avenue, West, Williston, ND, 58801
- County
- Williams
- Established
- Jan 2, 1980
- Failed
- Jan 21, 1988
- Employees
- 13
- Id
- b23042
Quarter by quarter
March 31, 1984 to September 30, 1987
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 Williston Basin State Bank?
$14.0 million in total assets and $13.6 million in deposits as of September 30, 1987, with assets down 14.8% from a year before. Its loans were $8.26 million.
Is Williston Basin State Bank profitable?
No: it lost $610,000 from January 1 to September 30, 1987. Its return on assets was -5.65% a year; about 1% is typical.
When did Williston Basin State Bank fail?
Jan 21, 1988. First NB&T Co Of Willist of Williston, ND took over its deposits. The estimated cost of the failure was $4.37 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.