The Graveyard › Banks › 1990
First Annapolis Savings
Annapolis, MD · failed June 1, 1990 · FDIC certificate 28419
First Annapolis Savings of Annapolis, MD failed on June 1, 1990. It opened in 1903, 87 years before. At its last report before that it held $720.1 million in assets and $618.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $794.8 million. The FDIC estimates that the Resolution Trust Corporation lost $176.9 million on it.
1984-031990-03
Assets at the end$720.1 millionlast report before June 1, 1990
Deposits at the end$618.3 million
Estimated loss to the fund$176.9 millionRTC
Largest in the quarterly reports$794.8 millionJune 30, 1988
Equity to assets-1.2%March 31, 1990
Loans not being repaid8.0%noncurrent, March 31, 1990
Return on assets-8.52%a year's rate, March 31, 1990
Staff258full 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.