The Graveyard › Banks › 1989
Fulshear State Bank
Fulshear, TX · failed June 8, 1989 · FDIC certificate 23945
Fulshear State Bank of Fulshear, TX failed on June 8, 1989. It opened on August 2, 1982, 6 years before. At its last report before that it held $10.7 million in assets and $10.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1986, it held $13.3 million. The FDIC estimates that the FDIC's insurance fund lost $2.3 million on it.
1984-031989-03
Assets at the end$10.7 millionlast report before June 8, 1989
Deposits at the end$10.7 million
Estimated loss to the fund$2.3 millionFDIC
Largest in the quarterly reports$13.3 millionDecember 31, 1986
Equity to assets-1.0%March 31, 1989
Loans not being repaid2.5%noncurrent, March 31, 1989
Return on assets-10.94%a year's rate, March 31, 1989
Staff7full time, March 31, 1989
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.