The Graveyard › Banks › 1989
Citizens National Bank of Killeen
Killeen, TX · failed August 17, 1989 · FDIC certificate 23536
Citizens National Bank of Killeen of Killeen, TX failed on August 17, 1989. It opened on September 3, 1981, 7 years before. At its last report before that it held $35.5 million in assets and $36.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $57.4 million. The FDIC estimates that the Bank Insurance Fund lost $3.8 million on it.
1984-031989-06
Assets at the end$35.5 millionlast report before August 17, 1989
Deposits at the end$36.8 million
Estimated loss to the fund$3.8 millionBIF
Largest in the quarterly reports$57.4 millionMarch 31, 1986
Equity to assets-4.8%June 30, 1989
Loans not being repaid11.3%noncurrent, June 30, 1989
Return on assets-9.43%a year's rate, June 30, 1989
Staff63full time, June 30, 1989
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.