The Graveyard › Banks › 1990
First Federal Savings & Loan
New Braunfels, TX · failed May 25, 1990 · FDIC certificate 29324
First Federal Savings & Loan of New Braunfels, TX failed on May 25, 1990. It opened in 1934, 56 years before. At its last report before that it held $232.3 million in assets and $209.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $281.0 million. The FDIC estimates that the Resolution Trust Corporation lost $29.6 million on it.
1984-031990-03
Assets at the end$232.3 millionlast report before May 25, 1990
Deposits at the end$209.0 million
Estimated loss to the fund$29.6 millionRTC
Largest in the quarterly reports$281.0 millionSeptember 30, 1986
Equity to assets-0.1%March 31, 1990
Loans not being repaid6.3%noncurrent, March 31, 1990
Return on assets-0.51%a year's rate, March 31, 1990
Staff78full time, March 31, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.