The Graveyard › Banks › 1990
First Bank of Plano
Plano, TX · failed August 30, 1990 · FDIC certificate 26953
First Bank of Plano of Plano, TX failed on August 30, 1990. It opened on May 1, 1987, 3 years before. At its last report before that it held $9.2 million in assets and $9.6 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $17.5 million. The FDIC estimates that the Bank Insurance Fund lost $1.9 million on it.
1987-061990-06
Assets at the end$9.2 millionlast report before August 30, 1990
Deposits at the end$9.6 million
Estimated loss to the fund$1.9 millionBIF
Largest in the quarterly reports$17.5 millionSeptember 30, 1988
Equity to assets-4.4%June 30, 1990
Loans not being repaid12.9%noncurrent, June 30, 1990
Return on assets-12.31%a year's rate, June 30, 1990
Staff8full time, June 30, 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.