The Graveyard › Banks › 1990
Centre National Bank-Farmers Branch
Farmers Branch, TX · failed June 21, 1990 · FDIC certificate 25089
Centre National Bank-Farmers Branch of Farmers Branch, TX failed on June 21, 1990. It opened on April 2, 1984, 6 years before. At its last report before that it held $39.7 million in assets and $39.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $74.2 million. The FDIC estimates that the Bank Insurance Fund lost $5.2 million on it.
1984-061990-03
Assets at the end$39.7 millionlast report before June 21, 1990
Deposits at the end$39.2 million
Estimated loss to the fund$5.2 millionBIF
Largest in the quarterly reports$74.2 millionJune 30, 1988
Equity to assets-3.1%March 31, 1990
Loans not being repaid11.8%noncurrent, March 31, 1990
Return on assets-4.35%a year's rate, March 31, 1990
Staff30full time, March 31, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.