The Graveyard › Banks › 1990
First Southwest Fs & La
Tyler, TX · failed November 30, 1990 · FDIC certificate 31827
First Southwest Fs & La of Tyler, TX failed on November 30, 1990. It opened in 1973, 17 years before. At its last report before that it held $51.2 million in assets and $45.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $71.7 million. The FDIC estimates that the Resolution Trust Corporation lost $4.9 million on it.
1984-031990-09
Assets at the end$51.2 millionlast report before November 30, 1990
Deposits at the end$45.3 million
Estimated loss to the fund$4.9 millionRTC
Largest in the quarterly reports$71.7 millionSeptember 30, 1988
Equity to assets-3.6%September 30, 1990
Loans not being repaid0.8%noncurrent, September 30, 1990
Return on assets-6.21%a year's rate, September 30, 1990
Staff23full 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.