The Graveyard › Banks › 1992

First Exchange Bank of St. Louis

St. Louis, MO · failed May 7, 1992 · FDIC certificate 26613

First Exchange Bank of St. Louis of St. Louis, MO failed on May 7, 1992. It opened on March 26, 1986, 6 years before. At its last report before that it held $55.6 million in assets and $60.9 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $98.1 million. The FDIC estimates that the Bank Insurance Fund lost $7.1 million on it.

1986-031992-03

Assets at the end$55.6 millionlast report before May 7, 1992

Deposits at the end$60.9 million

Estimated loss to the fund$7.1 millionBIF

Largest in the quarterly reports$98.1 millionDecember 31, 1989

Equity to assets-10.5%March 31, 1992

Loans not being repaid15.9%noncurrent, March 31, 1992

Return on assets-36.28%a year's rate, March 31, 1992

Staff23full time, March 31, 1992

On the FDIC's list: FIRST EXCHANGE BANK OF ST. LOUIS.

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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.