The Graveyard › Banks › 1991
Community National Bank
Sherman, TX · failed April 18, 1991 · FDIC certificate 25120
Community National Bank of Sherman, TX failed on April 18, 1991. It opened on April 30, 1984, 6 years before. At its last report before that it held $19.0 million in assets and $18.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $20.5 million. The FDIC estimates that the Bank Insurance Fund lost $2.7 million on it.
1984-061990-12
Assets at the end$19.0 millionlast report before April 18, 1991
Deposits at the end$18.9 million
Estimated loss to the fund$2.7 millionBIF
Largest in the quarterly reports$20.5 millionSeptember 30, 1988
Equity to assets-0.2%December 31, 1990
Loans not being repaid3.3%noncurrent, December 31, 1990
Return on assets-4.56%a year's rate, December 31, 1990
Staff18full time, December 31, 1990
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.