The Graveyard › Banks › 1988
Central National Bank
Dallas, TX · failed April 7, 1988 · FDIC certificate 24390
Central National Bank of Dallas, TX failed on April 7, 1988. It opened on March 4, 1983, 5 years before. At its last report before that it held $15.9 million in assets and $17.4 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1986, it held $28.5 million. The FDIC estimates that the FDIC's insurance fund lost $6.2 million on it.
1984-031987-12
Assets at the end$15.9 millionlast report before April 7, 1988
Deposits at the end$17.4 million
Estimated loss to the fund$6.2 millionFDIC
Largest in the quarterly reports$28.5 millionDecember 31, 1986
Equity to assets-10.2%December 31, 1987
Loans not being repaid18.3%noncurrent, December 31, 1987
Return on assets-2.78%a year's rate, December 31, 1987
Staff20full time, December 31, 1987
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.