The Graveyard › Banks › 1991
Abraham Lincoln Fsa
Dresher, PA · failed September 19, 1991 · FDIC certificate 28889
Abraham Lincoln Fsa of Dresher, PA failed on September 19, 1991. It opened in 1906, 85 years before. At its last report before that it held $189.1 million in assets and $167.0 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $256.3 million. The FDIC estimates that the Resolution Trust Corporation lost $10.1 million on it.
1984-031991-06
Assets at the end$189.1 millionlast report before September 19, 1991
Deposits at the end$167.0 million
Estimated loss to the fund$10.1 millionRTC
Largest in the quarterly reports$256.3 millionDecember 31, 1989
Equity to assets0.1%June 30, 1991
Loans not being repaid10.3%noncurrent, June 30, 1991
Return on assets-0.60%a year's rate, June 30, 1991
Staff57full time, June 30, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.