The Graveyard › Banks › 1991
Dripping Springs National Bank
Dripping Springs, TX · failed July 12, 1991 · FDIC certificate 23882
Dripping Springs National Bank of Dripping Springs, TX failed on July 12, 1991. It opened on June 10, 1982, 9 years before. At its last report before that it held $20.2 million in assets and $20.5 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $27.1 million. The FDIC estimates that the Bank Insurance Fund lost $3.7 million on it.
1984-031991-03
Assets at the end$20.2 millionlast report before July 12, 1991
Deposits at the end$20.5 million
Estimated loss to the fund$3.7 millionBIF
Largest in the quarterly reports$27.1 millionMarch 31, 1988
Equity to assets-2.4%March 31, 1991
Loans not being repaid10.6%noncurrent, March 31, 1991
Return on assets-0.25%a year's rate, March 31, 1991
Staff14full time, March 31, 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.