The Graveyard › Banks › 1990
First National Bank of Rowlett
Rowlett, TX · failed December 7, 1990 · FDIC certificate 24105
First National Bank of Rowlett of Rowlett, TX failed on December 7, 1990. It opened on October 7, 1982, 8 years before. At its last report before that it held $20.5 million in assets and $21.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $26.5 million. The FDIC estimates that the Bank Insurance Fund lost $6.5 million on it.
1984-031990-09
Assets at the end$20.5 millionlast report before December 7, 1990
Deposits at the end$21.4 million
Estimated loss to the fund$6.5 millionBIF
Largest in the quarterly reports$26.5 millionJune 30, 1988
Equity to assets-5.2%September 30, 1990
Loans not being repaid8.4%noncurrent, September 30, 1990
Return on assets-8.99%a year's rate, September 30, 1990
Staff22full time, September 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.