The Graveyard › Banks › 1990
Citizens & Builders Fs
Pensacola, FL · failed July 27, 1990 · FDIC certificate 32239
Citizens & Builders Fs of Pensacola, FL failed on July 27, 1990. It opened on September 14, 1984, 5 years before. At its last report before that it held $119.2 million in assets and $97.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $162.0 million. The FDIC estimates that the Resolution Trust Corporation lost $31.6 million on it.
1984-121990-06
Assets at the end$119.2 millionlast report before July 27, 1990
Deposits at the end$97.9 million
Estimated loss to the fund$31.6 millionRTC
Largest in the quarterly reports$162.0 millionMarch 31, 1989
Equity to assets-2.8%June 30, 1990
Loans not being repaid6.0%noncurrent, June 30, 1990
Return on assets-4.59%a year's rate, June 30, 1990
Staff57full time, June 30, 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.