The Graveyard › Banks › 1991
First National Bank of Cedar Hill
Cedar Hill, TX · failed May 16, 1991 · FDIC certificate 27131
First National Bank of Cedar Hill of Cedar Hill, TX failed on May 16, 1991. It opened on December 11, 1987, 3 years before. At its last report before that it held $11.0 million in assets and $11.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $12.8 million. The FDIC estimates that the Bank Insurance Fund lost $2.6 million on it.
1987-121991-03
Assets at the end$11.0 millionlast report before May 16, 1991
Deposits at the end$11.1 million
Estimated loss to the fund$2.6 millionBIF
Largest in the quarterly reports$12.8 millionDecember 31, 1989
Equity to assets-5.1%March 31, 1991
Loans not being repaid4.7%noncurrent, March 31, 1991
Return on assets-8.06%a year's rate, March 31, 1991
Staff7full time, March 31, 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.