The Graveyard › Banks › 1989
Capitol City Federal Savings
Austin, TX · failed July 27, 1989 · FDIC certificate 31630
Capitol City Federal Savings of Austin, TX failed on July 27, 1989. It opened in 1972, 17 years before. At its last report before that it held $528.2 million in assets and $397.1 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $214.8 million on it.
1984-031989-06
Assets at the end$528.2 millionlast report before July 27, 1989
Deposits at the end$397.1 million
Estimated loss to the fund$214.8 millionRTC
Largest in the quarterly reports$528.2 millionJune 30, 1989
Equity to assets-3.5%June 30, 1989
Loans not being repaid26.5%noncurrent, June 30, 1989
Return on assets-7.56%a year's rate, June 30, 1989
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- 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.