The Graveyard › Banks › 1988
First Fs&La of Paducah
Paducah, KY · failed March 11, 1988 · FDIC certificate 29770
First Fs&La of Paducah of Paducah, KY failed on March 11, 1988. It opened on September 23, 1936, 51 years before. At its last report before that it held $130.9 million in assets and $149.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $184.9 million. The FDIC estimates that the FSLIC's fund lost $31.8 million on it.
1984-031987-12
Assets at the end$130.9 millionlast report before March 11, 1988
Deposits at the end$149.1 million
Estimated loss to the fund$31.8 millionFSLIC
Largest in the quarterly reports$184.9 millionJune 30, 1986
Equity to assets-28.2%December 31, 1987
Loans not being repaid17.6%noncurrent, December 31, 1987
Return on assets-15.69%a year's rate, December 31, 1987
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion in assets · assisted
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.