The Graveyard › Banks › 1990
Fort Worth State Bank
Fort Worth, TX · failed September 27, 1990 · FDIC certificate 26475
Fort Worth State Bank of Fort Worth, TX failed on September 27, 1990. It opened on December 31, 1985, 4 years before. At its last report before that it held $20.7 million in assets and $22.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $30.9 million. The FDIC estimates that the Bank Insurance Fund lost $9.3 million on it.
1985-121990-06
Assets at the end$20.7 millionlast report before September 27, 1990
Deposits at the end$22.2 million
Estimated loss to the fund$9.3 millionBIF
Largest in the quarterly reports$30.9 millionJune 30, 1989
Equity to assets-8.1%June 30, 1990
Loans not being repaid12.5%noncurrent, June 30, 1990
Return on assets-21.78%a year's rate, June 30, 1990
Staff20full time, June 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.