The Graveyard › Banks › 1988
Central Arkansas S&LA
Conway · failed December 9, 1988 · FDIC certificate 31889
Central Arkansas S&LA of Conway failed on December 9, 1988. It opened in 1976, 12 years before. At its last report before that it held $10.1 million in assets and $12.5 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $39.1 million. The FDIC estimates that the FSLIC's fund lost $2.2 million on it.
1984-031988-09
Assets at the end$10.1 millionlast report before December 9, 1988
Deposits at the end$12.5 million
Estimated loss to the fund$2.2 millionFSLIC
Largest in the quarterly reports$39.1 millionJune 30, 1985
Equity to assets-23.8%September 30, 1988
Loans not being repaid1.8%noncurrent, September 30, 1988
Return on assets-1.29%a year's rate, September 30, 1988
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion in assets · assisted
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.