The Graveyard › Banks › 1990

Fidelity Bank, National Association

San Antonio, TX · failed January 26, 1990 · FDIC certificate 24937

Fidelity Bank, National Association of San Antonio, TX failed on January 26, 1990. It opened on January 30, 1984, 5 years before. At its last report before that it held $36.6 million in assets and $35.8 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $60.6 million. The FDIC estimates that the Bank Insurance Fund lost $5.1 million on it.

1984-031989-09

Assets at the end$36.6 millionlast report before January 26, 1990

Deposits at the end$35.8 million

Estimated loss to the fund$5.1 millionBIF

Largest in the quarterly reports$60.6 millionSeptember 30, 1986

Equity to assets1.3%September 30, 1989

Loans not being repaid7.3%noncurrent, September 30, 1989

Return on assets-6.75%a year's rate, September 30, 1989

Staff28full time, September 30, 1989

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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.