The Graveyard › Banks › 1992
Foxworth Bank
Foxworth, MS · failed August 7, 1992 · FDIC certificate 20396
Foxworth Bank of Foxworth, MS failed on August 7, 1992. It opened on March 30, 1971, 21 years before. At its last report before that it held $36.5 million in assets and $36.0 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1990, it held $51.8 million. The FDIC estimates that the Bank Insurance Fund lost $5.4 million on it.
1984-031992-06
Assets at the end$36.5 millionlast report before August 7, 1992
Deposits at the end$36.0 million
Estimated loss to the fund$5.4 millionBIF
Largest in the quarterly reports$51.8 millionMarch 31, 1990
Equity to assets0.9%June 30, 1992
Loans not being repaid5.7%noncurrent, June 30, 1992
Return on assets-5.18%a year's rate, June 30, 1992
Staff30full time, June 30, 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.