The Graveyard › Banks › 1991
Fidelity Fs & La
Austin, TX · failed July 12, 1991 · FDIC certificate 32223
Fidelity Fs & La of Austin, TX failed on July 12, 1991. It opened on June 11, 1984, 7 years before. At its last report before that it held $67.0 million in assets and $56.9 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1990, it held $71.2 million. The FDIC estimates that the Resolution Trust Corporation lost $5.0 million on it.
1984-061991-06
Assets at the end$67.0 millionlast report before July 12, 1991
Deposits at the end$56.9 million
Estimated loss to the fund$5.0 millionRTC
Largest in the quarterly reports$71.2 millionJune 30, 1990
Equity to assets2.3%June 30, 1991
Loans not being repaid5.8%noncurrent, June 30, 1991
Return on assets-0.68%a year's rate, June 30, 1991
Staff25full 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.