The Graveyard › Banks › 1992
First Home Fsa
Pittsburgh, PA · failed June 19, 1992 · FDIC certificate 28250
First Home Fsa of Pittsburgh, PA failed on June 19, 1992. It opened in 1909, 83 years before. At its last report before that it held $131.7 million in assets and $129.3 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $169.0 million. The FDIC estimates that the Resolution Trust Corporation lost $463,313 on it.
1984-031992-03
Assets at the end$131.7 millionlast report before June 19, 1992
Deposits at the end$129.3 million
Estimated loss to the fund$463,313RTC
Largest in the quarterly reports$169.0 millionMarch 31, 1989
Equity to assets1.2%March 31, 1992
Loans not being repaid0.9%noncurrent, March 31, 1992
Return on assets0.27%a year's rate, March 31, 1992
Staff53full time, March 31, 1992
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.
