The Graveyard › Banks › 1986
Banco de Ahorro, F.S.B.
Mayaguez, PR · failed May 30, 1986 · FDIC certificate 22456
Banco de Ahorro, F.S.B. of Mayaguez, PR failed on May 30, 1986. It opened on May 2, 1977, 9 years before. At its last report before that it held $34.0 million in assets and $30.0 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $46.5 million. The FDIC estimates that the FDIC's insurance fund lost $7.0 million on it.
1984-031986-03
Assets at the end$34.0 millionlast report before May 30, 1986
Deposits at the end$30.0 million
Estimated loss to the fund$7.0 millionFDIC
Largest in the quarterly reports$46.5 millionJune 30, 1984
Equity to assets-3.3%March 31, 1986
Loans not being repaid27.2%noncurrent, March 31, 1986
Return on assets-1.95%a year's rate, March 31, 1986
Also ended in 1986
- Western S&LA · Dallas, TX · $2.0 billion in assets
- The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
- Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
- National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
- Mainland S&LA · Houston, TX · $1.0 billion in assets
- American Diversified Savings Bank · Costa Mesa · $978.6 million 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.