The Graveyard › Banks › 1990
Chas. Schreiner Bank
Kerrville, TX · failed April 19, 1990 · FDIC certificate 17952
Chas. Schreiner Bank of Kerrville, TX failed on April 19, 1990. It opened on December 24, 1869, 120 years before. At its last report before that it held $228.1 million in assets and $232.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1987, it held $320.0 million. The FDIC estimates that the Bank Insurance Fund lost $38.9 million on it.
1984-031989-12
Assets at the end$228.1 millionlast report before April 19, 1990
Deposits at the end$232.5 million
Estimated loss to the fund$38.9 millionBIF
Largest in the quarterly reports$320.0 millionSeptember 30, 1987
Equity to assets-4.0%December 31, 1989
Loans not being repaid8.9%noncurrent, December 31, 1989
Return on assets-9.56%a year's rate, December 31, 1989
Staff115full 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.
