The Graveyard › Banks › 1993
Bankcentral Amarillo
Amarillo, TX · failed June 10, 1993 · FDIC certificate 17963
Bankcentral Amarillo of Amarillo, TX failed on June 10, 1993. It opened on February 5, 1959, 34 years before. At its last report before that it held $34.7 million in assets and $34.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $73.0 million. The FDIC estimates that the Bank Insurance Fund lost $2.5 million on it.
1984-031993-03
Assets at the end$34.7 millionlast report before June 10, 1993
Deposits at the end$34.1 million
Estimated loss to the fund$2.5 millionBIF
Largest in the quarterly reports$73.0 millionDecember 31, 1988
Equity to assets1.7%March 31, 1993
Loans not being repaid2.9%noncurrent, March 31, 1993
Return on assets-0.49%a year's rate, March 31, 1993
Staff28full time, March 31, 1993
Also ended in 1993
- Western FSB · Marina Del Ray, CA · $3.8 billion in assets
- Old Stone SB · Providence, RI · $1.8 billion in assets
- New England Savings Bank · New London, CT · $914.9 million in assets
- First National Bank of Vermont · Bradford, VT · $295.8 million in assets
- The Bank of San Diego · San Diego, CA · $294.3 million in assets
- Jefferson National Bank · Watertown, NY · $256.0 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.