The Graveyard › Banks › 1990
Champions Point National Bank
Houston, TX · failed April 5, 1990 · FDIC certificate 25780
Champions Point National Bank of Houston, TX failed on April 5, 1990. It opened on November 13, 1984, 5 years before. At its last report before that it held $20.6 million in assets and $19.5 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $4.8 million on it.
1984-121989-12
Assets at the end$20.6 millionlast report before April 5, 1990
Deposits at the end$19.5 million
Estimated loss to the fund$4.8 millionBIF
Largest in the quarterly reports$21.5 millionDecember 31, 1988
Equity to assets1.5%December 31, 1989
Loans not being repaid9.0%noncurrent, December 31, 1989
Return on assets-5.73%a year's rate, December 31, 1989
Staff14full time, December 31, 1989
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.