The Graveyard › Banks › 1991
First Fs & La
Mt. Vernon, OH · failed August 23, 1991 · FDIC certificate 27842
First Fs & La of Mt. Vernon, OH failed on August 23, 1991. It opened in 1898, 93 years before. At its last report before that it held $73.1 million in assets and $74.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $96.8 million. The FDIC estimates that the Resolution Trust Corporation lost $4,163 on it.
1984-031991-06
Assets at the end$73.1 millionlast report before August 23, 1991
Deposits at the end$74.4 million
Estimated loss to the fund$4,163RTC
Largest in the quarterly reports$96.8 millionJune 30, 1984
Equity to assets-1.9%June 30, 1991
Loans not being repaid1.0%noncurrent, June 30, 1991
Return on assets-0.60%a year's rate, June 30, 1991
Staff28full time, June 30, 1991
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.