The Graveyard › Banks › 1989
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..
Take today's blind testAlso ended in 1989
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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.
