The Graveyard › Banks › 1990
First National Bank of Kennedale
Kennedale, TX · failed September 13, 1990 · FDIC certificate 26686
First National Bank of Kennedale of Kennedale, TX failed on September 13, 1990. It opened on June 16, 1986, 4 years before. At its last report before that it held $27.5 million in assets and $27.7 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $7.4 million on it.
1986-061990-06
Assets at the end$27.5 millionlast report before September 13, 1990
Deposits at the end$27.7 million
Estimated loss to the fund$7.4 millionBIF
Largest in the quarterly reports$28.0 millionMarch 31, 1990
Equity to assets-1.8%June 30, 1990
Loans not being repaid4.1%noncurrent, June 30, 1990
Return on assets-14.10%a year's rate, June 30, 1990
Staff18full time, June 30, 1990
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.