The Graveyard › Banks › 1990
First-Taylor National Bank
Taylor, TX · failed May 17, 1990 · FDIC certificate 5547
First-Taylor National Bank of Taylor, TX failed on May 17, 1990. It opened on August 21, 1883, 106 years before. At its last report before that it held $74.0 million in assets and $79.8 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $109.6 million. The FDIC estimates that the Bank Insurance Fund lost $10.9 million on it.
1984-031990-03
Assets at the end$74.0 millionlast report before May 17, 1990
Deposits at the end$79.8 million
Estimated loss to the fund$10.9 millionBIF
Largest in the quarterly reports$109.6 millionDecember 31, 1985
Equity to assets-9.2%March 31, 1990
Loans not being repaid9.2%noncurrent, March 31, 1990
Return on assets-2.76%a year's rate, March 31, 1990
Staff49full time, March 31, 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.
