The Graveyard › Banks › 1989
American Home S & L
Edmond, OK · failed October 5, 1989 · FDIC certificate 32152
American Home S & L of Edmond, OK failed on October 5, 1989. It opened on December 30, 1982, 6 years before. At its last report before that it held $96.7 million in assets and $79.5 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $114.9 million. The FDIC estimates that the Resolution Trust Corporation lost $13.7 million on it.
1984-031989-09
Assets at the end$96.7 millionlast report before October 5, 1989
Deposits at the end$79.5 million
Estimated loss to the fund$13.7 millionRTC
Largest in the quarterly reports$114.9 millionDecember 31, 1988
Equity to assets-1.1%September 30, 1989
Loans not being repaid8.8%noncurrent, September 30, 1989
Return on assets-2.50%a year's rate, September 30, 1989
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.