The Graveyard › Banks › 1989

Black Hawk S & L Association

Rock Island, IL · failed August 17, 1989 · FDIC certificate 29194

Black Hawk S & L Association of Rock Island, IL failed on August 17, 1989. It opened in 1887, 102 years before. At its last report before that it held $71.8 million in assets and $68.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $100.1 million. The FDIC estimates that the Resolution Trust Corporation lost $1.8 million on it.

1984-031989-06

Assets at the end$71.8 millionlast report before August 17, 1989

Deposits at the end$68.3 million

Estimated loss to the fund$1.8 millionRTC

Largest in the quarterly reports$100.1 millionJune 30, 1984

Equity to assets-0.7%June 30, 1989

Loans not being repaid4.0%noncurrent, June 30, 1989

Return on assets-0.35%a year's rate, June 30, 1989

On the FDIC's list: BLACK HAWK S & L ASSOC..

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Also ended in 1989

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MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
University Federal Savings · Houston, TX · $4.5 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.