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Citizens of Texas S & L Association

Baytown · failed March 9, 1989 · FDIC certificate 31163

Citizens of Texas S & L Association of Baytown failed on March 9, 1989. It opened in 1960, 29 years before. At its last report before that it held $76.4 million in assets and $104.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $125.8 million. The FDIC estimates that the Resolution Trust Corporation lost $83.3 million on it.

1984-031988-12

Assets at the end$76.4 millionlast report before March 9, 1989

Deposits at the end$104.5 million

Estimated loss to the fund$83.3 millionRTC

Largest in the quarterly reports$125.8 millionSeptember 30, 1984

Equity to assets-62.7%December 31, 1988

Loans not being repaid32.6%noncurrent, December 31, 1988

Return on assets-16.75%a year's rate, December 31, 1988

On the FDIC's list: CITIZENS OF TEXAS S & L ASSOC..

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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.