The Graveyard › Banks › 1992

First Exchange Bank of Cape Girardeau

Cape Girardeau, MO · failed May 7, 1992 · FDIC certificate 24863

First Exchange Bank of Cape Girardeau of Cape Girardeau, MO failed on May 7, 1992. It opened on January 3, 1984, 8 years before. At its last report before that it held $84.4 million in assets and $87.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1990, it held $123.0 million. The FDIC estimates that the Bank Insurance Fund lost $9.7 million on it.

1984-031992-03

Assets at the end$84.4 millionlast report before May 7, 1992

Deposits at the end$87.0 million

Estimated loss to the fund$9.7 millionBIF

Largest in the quarterly reports$123.0 millionSeptember 30, 1990

Equity to assets-4.2%March 31, 1992

Loans not being repaid8.9%noncurrent, March 31, 1992

Return on assets-16.88%a year's rate, March 31, 1992

Staff30full time, March 31, 1992

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Also ended in 1992

Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
Carteret FSB · Madison, NJ · $4.8 billion in assets
Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
The Howard Savings Bank · Newark, NJ · $3.5 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.