The Graveyard › Banks › 1991
Citizens Fsa
Jacksonville, FL · failed October 16, 1991 · FDIC certificate 32615
Citizens Fsa of Jacksonville, FL failed on October 16, 1991. It opened on September 2, 1988, 3 years before. At its last report before that it held $65.7 million in assets and $67.0 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $80.0 million. The FDIC estimates that the Resolution Trust Corporation lost $8.9 million on it.
1988-091991-09
Assets at the end$65.7 millionlast report before October 16, 1991
Deposits at the end$67.0 million
Estimated loss to the fund$8.9 millionRTC
Largest in the quarterly reports$80.0 millionDecember 31, 1989
Equity to assets-5.4%September 30, 1991
Loans not being repaid3.7%noncurrent, September 30, 1991
Return on assets-0.55%a year's rate, September 30, 1991
Staff27full time, September 30, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.