The Graveyard › Banks › 1990
Bank of East Texas
Tyler, TX · failed June 21, 1990 · FDIC certificate 24864
Bank of East Texas of Tyler, TX failed on June 21, 1990. It opened on January 3, 1984, 6 years before. At its last report before that it held $11.0 million in assets and $11.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1987, it held $18.0 million. The FDIC estimates that the Bank Insurance Fund lost $3.5 million on it.
1984-031990-03
Assets at the end$11.0 millionlast report before June 21, 1990
Deposits at the end$11.2 million
Estimated loss to the fund$3.5 millionBIF
Largest in the quarterly reports$18.0 millionSeptember 30, 1987
Equity to assets-1.5%March 31, 1990
Loans not being repaid1.4%noncurrent, March 31, 1990
Return on assets-7.38%a year's rate, March 31, 1990
Staff14full time, March 31, 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.