The Graveyard › Banks › 1989
First Federal S & L /Central Indiana
Anderson, IN · failed November 16, 1989 · FDIC certificate 27616
First Federal S & L /Central Indiana of Anderson, IN failed on November 16, 1989. It opened in 1889, 100 years before. At its last report before that it held $192.4 million in assets and $176.7 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $15.1 million on it.
1984-031989-09
Assets at the end$192.4 millionlast report before November 16, 1989
Deposits at the end$176.7 million
Estimated loss to the fund$15.1 millionRTC
Equity to assets-5.0%September 30, 1989
Loans not being repaid1.6%noncurrent, September 30, 1989
Return on assets-1.43%a year's rate, September 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.