The Graveyard › Banks › 1988

First RepublicBank A&M

College Station, TX · failed July 29, 1988 · FDIC certificate 18832

First RepublicBank A&M of College Station, TX failed on July 29, 1988. It opened on July 13, 1963, 25 years before. At its last report before that it held $101.0 million in assets and $95.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1987, it held $119.9 million. The FDIC estimates that the FDIC's insurance fund lost $11.7 million on it.

1984-031988-06

Assets at the end$101.0 millionlast report before July 29, 1988

Deposits at the end$95.8 million

Estimated loss to the fund$11.7 millionFDIC

Largest in the quarterly reports$119.9 millionMarch 31, 1987

Equity to assets4.2%June 30, 1988

Loans not being repaid12.4%noncurrent, June 30, 1988

Return on assets-3.73%a year's rate, June 30, 1988

Staff51full time, June 30, 1988

On the FDIC's list: FIRST REPUBLICBANK-A&M.

Take today's blind test

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.