The Graveyard › Banks › 1989
First Fed. S & La of Brenham
Brenham, TX · failed September 21, 1989 · FDIC certificate 28430
First Fed. S & La of Brenham of Brenham, TX failed on September 21, 1989. It opened in 1923, 66 years before. At its last report before that it held $148.4 million in assets and $138.9 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $187.5 million. The FDIC estimates that the Resolution Trust Corporation lost $50.0 million on it.
1984-031989-06
Assets at the end$148.4 millionlast report before September 21, 1989
Deposits at the end$138.9 million
Estimated loss to the fund$50.0 millionRTC
Largest in the quarterly reports$187.5 millionJune 30, 1988
Equity to assets-7.5%June 30, 1989
Loans not being repaid11.2%noncurrent, June 30, 1989
Return on assets-2.71%a year's rate, June 30, 1989
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.