The Graveyard › Banks › 1991
First Federal Savings & Loan
San Antonio, TX · failed January 4, 1991 · FDIC certificate 29638
First Federal Savings & Loan of San Antonio, TX failed on January 4, 1991. It opened in 1935, 56 years before. At its last report before that it held $638.6 million in assets and $472.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $792.1 million. The FDIC estimates that the Resolution Trust Corporation lost $37.7 million on it.
1984-031990-12
Assets at the end$638.6 millionlast report before January 4, 1991
Deposits at the end$472.4 million
Estimated loss to the fund$37.7 millionRTC
Largest in the quarterly reports$792.1 millionJune 30, 1988
Equity to assets-4.1%December 31, 1990
Loans not being repaid6.1%noncurrent, December 31, 1990
Return on assets-4.79%a year's rate, December 31, 1990
Staff160full time, December 31, 1990
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.