The Graveyard › Banks › 1991
Alvarado National Bank
Alvarado, TX · failed November 14, 1991 · FDIC certificate 25898
Alvarado National Bank of Alvarado, TX failed on November 14, 1991. It opened on February 22, 1985, 6 years before. At its last report before that it held $9.2 million in assets and $9.5 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $11.1 million. The FDIC estimates that the Bank Insurance Fund lost $2.8 million on it.
1985-031991-09
Assets at the end$9.2 millionlast report before November 14, 1991
Deposits at the end$9.5 million
Estimated loss to the fund$2.8 millionBIF
Largest in the quarterly reports$11.1 millionDecember 31, 1989
Equity to assets-4.2%September 30, 1991
Loans not being repaid9.5%noncurrent, September 30, 1991
Return on assets-9.26%a year's rate, September 30, 1991
Staff12full time, September 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.