The Graveyard › Banks › 1991
Crossroads Bank
Victoria, TX · failed March 14, 1991 · FDIC certificate 18844
Crossroads Bank of Victoria, TX failed on March 14, 1991. It opened on July 26, 1963, 27 years before. At its last report before that it held $22.4 million in assets and $22.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $34.1 million. The FDIC estimates that the Bank Insurance Fund lost $4.0 million on it.
1984-031990-12
Assets at the end$22.4 millionlast report before March 14, 1991
Deposits at the end$22.7 million
Estimated loss to the fund$4.0 millionBIF
Largest in the quarterly reports$34.1 millionJune 30, 1985
Equity to assets-2.1%December 31, 1990
Loans not being repaid4.8%noncurrent, December 31, 1990
Return on assets-7.20%a year's rate, December 31, 1990
Staff23full 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.