The Graveyard › Banks › 1990
Atlanta Fsa
Atlanta, TX · failed August 31, 1990 · FDIC certificate 29493
Atlanta Fsa of Atlanta, TX failed on August 31, 1990. It opened in 1923, 67 years before. At its last report before that it held $89.4 million in assets and $89.6 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $113.6 million. The FDIC estimates that the Resolution Trust Corporation lost $8.4 million on it.
1984-031990-06
Assets at the end$89.4 millionlast report before August 31, 1990
Deposits at the end$89.6 million
Estimated loss to the fund$8.4 millionRTC
Largest in the quarterly reports$113.6 millionSeptember 30, 1988
Equity to assets-1.3%June 30, 1990
Loans not being repaid1.6%noncurrent, June 30, 1990
Return on assets0.18%a year's rate, June 30, 1990
Staff30full 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.