The Graveyard › Banks › 1990

First Federal Savings & Loan

Warner Robins, GA · failed April 12, 1990 · FDIC certificate 31233

First Federal Savings & Loan of Warner Robins, GA failed on April 12, 1990. It opened on February 16, 1961, 29 years before. At its last report before that it held $150.1 million in assets and $144.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $191.7 million. The FDIC estimates that the Resolution Trust Corporation lost $15.0 million on it.

1984-031990-03

Assets at the end$150.1 millionlast report before April 12, 1990

Deposits at the end$144.1 million

Estimated loss to the fund$15.0 millionRTC

Largest in the quarterly reports$191.7 millionJune 30, 1986

Equity to assets-3.2%March 31, 1990

Loans not being repaid9.0%noncurrent, March 31, 1990

Return on assets-3.43%a year's rate, March 31, 1990

Staff66full time, March 31, 1990

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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.