The Graveyard › Banks › 1992
Flagler Fs & La
Miami, FL · failed March 27, 1992 · FDIC certificate 30826
Flagler Fs & La of Miami, FL failed on March 27, 1992. It opened on December 13, 1955, 36 years before. At its last report before that it held $1.6 billion in assets and $1.5 billion in deposits. The FDIC estimates that the Resolution Trust Corporation lost $101.6 million on it.
1984-031991-12
Assets at the end$1.6 billionlast report before March 27, 1992
Deposits at the end$1.5 billion
Estimated loss to the fund$101.6 millionRTC
Largest in the quarterly reports$1.6 billionDecember 31, 1991
Equity to assets-0.1%December 31, 1991
Loans not being repaid4.9%noncurrent, December 31, 1991
Return on assets-0.65%a year's rate, December 31, 1991
Staff517full time, December 31, 1991
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.