The Graveyard › Banks › 1992
First State SA
Sedalia, MO · failed April 3, 1992 · FDIC certificate 29584
First State SA of Sedalia, MO failed on April 3, 1992. It opened in 1913, 79 years before. At its last report before that it held $166.1 million in assets and $163.9 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $210.5 million. The FDIC estimates that the Resolution Trust Corporation lost $2,023 on it.
1984-031992-03
Assets at the end$166.1 millionlast report before April 3, 1992
Deposits at the end$163.9 million
Estimated loss to the fund$2,023RTC
Largest in the quarterly reports$210.5 millionJune 30, 1986
Equity to assets0.7%March 31, 1992
Loans not being repaid2.6%noncurrent, March 31, 1992
Return on assets0.95%a year's rate, March 31, 1992
Staff60full time, March 31, 1992
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.