The Graveyard › Banks › 1990
Bay City Bank & Trust Co.
Bay City, TX · failed August 30, 1990 · FDIC certificate 10350
Bay City Bank & Trust Co. of Bay City, TX failed on August 30, 1990. It opened on September 1, 1898, 91 years before. At its last report before that it held $79.6 million in assets and $82.7 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $129.0 million. The FDIC estimates that the Bank Insurance Fund lost $22.3 million on it.
1984-031990-06
Assets at the end$79.6 millionlast report before August 30, 1990
Deposits at the end$82.7 million
Estimated loss to the fund$22.3 millionBIF
Largest in the quarterly reports$129.0 millionMarch 31, 1986
Equity to assets-6.1%June 30, 1990
Loans not being repaid21.1%noncurrent, June 30, 1990
Return on assets-23.81%a year's rate, June 30, 1990
Staff49full time, June 30, 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.