The Graveyard › Banks › 1989

Community Fed. S & L Association

Tampa · failed March 16, 1989 · FDIC certificate 31548

Community Fed. S & L Association of Tampa failed on March 16, 1989. It opened on August 4, 1967, 21 years before. At its last report before that it held $10.3 million in assets and $14.4 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $25.8 million. The FDIC estimates that the Resolution Trust Corporation lost $13.3 million on it.

1984-031988-12

Assets at the end$10.3 millionlast report before March 16, 1989

Deposits at the end$14.4 million

Estimated loss to the fund$13.3 millionRTC

Largest in the quarterly reports$25.8 millionMarch 31, 1985

Equity to assets-90.7%December 31, 1988

Loans not being repaid25.2%noncurrent, December 31, 1988

Return on assets-11.99%a year's rate, December 31, 1988

On the FDIC's list: COMMUNITY FED. S & L ASSOC..

Take today's blind test

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.