The Graveyard › Banks › 1991
Coral Coast FSB
Boynton Beach, FL · failed August 2, 1991 · FDIC certificate 32438
Coral Coast FSB of Boynton Beach, FL failed on August 2, 1991. It opened on December 27, 1985, 5 years before. At its last report before that it held $61.2 million in assets and $60.3 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $16.2 million on it.
1986-031991-06
Assets at the end$61.2 millionlast report before August 2, 1991
Deposits at the end$60.3 million
Estimated loss to the fund$16.2 millionRTC
Largest in the quarterly reports$63.2 millionMarch 31, 1990
Equity to assets1.0%June 30, 1991
Loans not being repaid41.7%noncurrent, June 30, 1991
Return on assets-4.17%a year's rate, June 30, 1991
Staff16full time, June 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.