The Graveyard › Banks › 1989

Community Bank, National Association

Decker Prairie, TX · failed January 26, 1989 · FDIC certificate 24705

Community Bank, National Association of Decker Prairie, TX failed on January 26, 1989. It opened on September 6, 1983, 5 years before. At its last report before that it held $8.6 million in assets and $9.4 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1986, it held $20.5 million. The FDIC estimates that the FDIC's insurance fund lost $5.1 million on it.

1984-031988-09

Assets at the end$8.6 millionlast report before January 26, 1989

Deposits at the end$9.4 million

Estimated loss to the fund$5.1 millionFDIC

Largest in the quarterly reports$20.5 millionDecember 31, 1986

Equity to assets-11.8%September 30, 1988

Loans not being repaid34.5%noncurrent, September 30, 1988

Return on assets-15.75%a year's rate, September 30, 1988

Staff11full time, September 30, 1988

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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.