The Graveyard › Banks › 1990
Enterprise Fed. Fsa
Clearwater, FL · failed April 20, 1990 · FDIC certificate 32253
Enterprise Fed. Fsa of Clearwater, FL failed on April 20, 1990. It opened on November 2, 1984, 5 years before. At its last report before that it held $62.6 million in assets and $45.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $77.9 million. The FDIC estimates that the Resolution Trust Corporation lost $9.3 million on it.
1985-031990-03
Assets at the end$62.6 millionlast report before April 20, 1990
Deposits at the end$45.1 million
Estimated loss to the fund$9.3 millionRTC
Largest in the quarterly reports$77.9 millionJune 30, 1988
Equity to assets-1.9%March 31, 1990
Loans not being repaid1.8%noncurrent, March 31, 1990
Return on assets-1.91%a year's rate, March 31, 1990
Staff19full time, March 31, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.