The Graveyard › Banks › 1992
Birmingham FSB
Birmingham, AL · failed August 21, 1992 · FDIC certificate 28078
Birmingham FSB of Birmingham, AL failed on August 21, 1992. It opened in 1925, 67 years before. At its last report before that it held $91.8 million in assets and $82.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $150.4 million. The FDIC estimates that the Resolution Trust Corporation lost $3.4 million on it.
1984-031992-06
Assets at the end$91.8 millionlast report before August 21, 1992
Deposits at the end$82.1 million
Estimated loss to the fund$3.4 millionRTC
Largest in the quarterly reports$150.4 millionJune 30, 1988
Equity to assets0.5%June 30, 1992
Loans not being repaid1.3%noncurrent, June 30, 1992
Return on assets0.02%a year's rate, June 30, 1992
Staff27full time, June 30, 1992
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.