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Brickellbanc Savings Association

Miami · failed March 16, 1989 · FDIC certificate 32011

Brickellbanc Savings Association of Miami failed on March 16, 1989. It opened on April 22, 1980, 8 years before. At its last report before that it held $38.8 million in assets and $36.6 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $15.3 million on it.

1984-031988-12
Assets at the end$38.8 millionlast report before March 16, 1989
Deposits at the end$36.6 million
Estimated loss to the fund$15.3 millionRTC
Equity to assets-19.3%December 31, 1988
Loans not being repaid10.6%noncurrent, December 31, 1988
Return on assets-7.00%a year's rate, December 31, 1988

On the FDIC's list: BRICKELLBANC SAVINGS ASSOC..

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Also ended in 1989

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.