The Graveyard › Banks › 1991
Cobb Fsa
Marietta, GA · failed November 8, 1991 · FDIC certificate 32543
Cobb Fsa of Marietta, GA failed on November 8, 1991. It opened on November 1, 1982, 9 years before. At its last report before that it held $83.2 million in assets and $82.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1990, it held $124.5 million. The FDIC estimates that the Resolution Trust Corporation lost $25.5 million on it.
1987-091991-09
Assets at the end$83.2 millionlast report before November 8, 1991
Deposits at the end$82.8 million
Estimated loss to the fund$25.5 millionRTC
Largest in the quarterly reports$124.5 millionMarch 31, 1990
Equity to assets-7.0%September 30, 1991
Loans not being repaid11.3%noncurrent, September 30, 1991
Return on assets-8.21%a year's rate, September 30, 1991
Staff63full 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.