The Graveyard › Banks › 1989
First Fed. S & L Association
Eunice · failed March 16, 1989 · FDIC certificate 31546
First Fed. S & L Association of Eunice failed on March 16, 1989. It opened on July 3, 1967, 21 years before. At its last report before that it held $23.5 million in assets and $16.2 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $5.5 million on it.
1984-031988-12
Assets at the end$23.5 millionlast report before March 16, 1989
Deposits at the end$16.2 million
Estimated loss to the fund$5.5 millionRTC
Largest in the quarterly reports$23.8 millionJune 30, 1988
Equity to assets-6.0%December 31, 1988
Loans not being repaid7.4%noncurrent, December 31, 1988
Return on assets-1.79%a year's rate, December 31, 1988
On the FDIC's list: FIRST FED. S & L ASSOC..
Take today's blind testAlso ended in 1989
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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.