The Graveyard › Banks › 1990
American Bank of Commerce, NA
Del Rio, TX · failed August 30, 1990 · FDIC certificate 23402
American Bank of Commerce, NA of Del Rio, TX failed on August 30, 1990. It opened on April 13, 1981, 9 years before. At its last report before that it held $17.4 million in assets and $17.5 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $3.6 million on it.
1984-031990-06
Assets at the end$17.4 millionlast report before August 30, 1990
Deposits at the end$17.5 million
Estimated loss to the fund$3.6 millionBIF
Largest in the quarterly reports$17.6 millionDecember 31, 1989
Equity to assets-0.9%June 30, 1990
Loans not being repaid6.2%noncurrent, June 30, 1990
Return on assets-12.27%a year's rate, June 30, 1990
Staff17full time, June 30, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.