The Graveyard › Banks › 1989
Austin Fs & La
Austin, TX · failed November 30, 1989 · FDIC certificate 32283
Austin Fs & La of Austin, TX failed on November 30, 1989. It opened on March 15, 1985, 4 years before. At its last report before that it held $113.4 million in assets and $85.0 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $128.4 million. The FDIC estimates that the Resolution Trust Corporation lost $21.6 million on it.
1985-031989-09
Assets at the end$113.4 millionlast report before November 30, 1989
Deposits at the end$85.0 million
Estimated loss to the fund$21.6 millionRTC
Largest in the quarterly reports$128.4 millionJune 30, 1989
Equity to assets-1.0%September 30, 1989
Loans not being repaid19.5%noncurrent, September 30, 1989
Return on assets-3.26%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.