The Graveyard › Banks › 1990
Bannerbanc Fs & La
Garland, TX · failed January 4, 1990 · FDIC certificate 30995
Bannerbanc Fs & La of Garland, TX failed on January 4, 1990. It opened in 1957, 33 years before. At its last report before that it held $46.0 million in assets and $55.6 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $74.3 million. The FDIC estimates that the Resolution Trust Corporation lost $28.0 million on it.
1984-031989-12
Assets at the end$46.0 millionlast report before January 4, 1990
Deposits at the end$55.6 million
Estimated loss to the fund$28.0 millionRTC
Largest in the quarterly reports$74.3 millionDecember 31, 1988
Equity to assets-40.0%December 31, 1989
Loans not being repaid24.0%noncurrent, December 31, 1989
Return on assets-17.98%a year's rate, December 31, 1989
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.