The Graveyard › Banks › 1992

First Exchange Bank of Little Rock

Little Rock, AR · failed September 24, 1992 · FDIC certificate 27470

First Exchange Bank of Little Rock of Little Rock, AR failed on September 24, 1992. It opened on March 20, 1989, 3 years before. At its last report before that it held $24.7 million in assets and $24.4 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1991, it held $30.2 million. The FDIC estimates that the Bank Insurance Fund lost $1.9 million on it.

1989-031992-06

Assets at the end$24.7 millionlast report before September 24, 1992

Deposits at the end$24.4 million

Estimated loss to the fund$1.9 millionBIF

Largest in the quarterly reports$30.2 millionMarch 31, 1991

Equity to assets-0.1%June 30, 1992

Loans not being repaid18.0%noncurrent, June 30, 1992

Return on assets-1.77%a year's rate, June 30, 1992

Staff13full time, June 30, 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.