The Graveyard › Banks › 1990
Frontier Fs & La
Walla Walla, WA · failed February 23, 1990 · FDIC certificate 28488
Frontier Fs & La of Walla Walla, WA failed on February 23, 1990. It opened in 1905, 85 years before. At its last report before that it held $146.9 million in assets and $120.0 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $163.9 million. The FDIC estimates that the Resolution Trust Corporation lost $9,856 on it.
1984-031989-12
Assets at the end$146.9 millionlast report before February 23, 1990
Deposits at the end$120.0 million
Estimated loss to the fund$9,856RTC
Largest in the quarterly reports$163.9 millionJune 30, 1989
Equity to assets0.8%December 31, 1989
Loans not being repaid0.5%noncurrent, December 31, 1989
Return on assets-1.00%a year's rate, December 31, 1989
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.