Bank failure · SD

First Dakota Home S&la (Pierre, SD) — failed September 20, 1982

First Dakota Home S&la of Pierre, South Dakota was closed on September 20, 1982 and resolved through a a/a. First Dakota Home S&la (SD) took over its insured deposits. At failure it held $27.8M in assets and $25.6M in deposits. The FDIC's estimated loss on the failure is $1.1M (4.0% of assets).