The Graveyard › Banks › 1990
Germania Bank, FSB
Alton, IL · failed June 22, 1990 · FDIC certificate 30353
Germania Bank, FSB of Alton, IL failed on June 22, 1990. It opened in 1890, 100 years before. At its last report before that it held $785.5 million in assets and $663.3 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $60.7 million on it.
1984-031990-03
Assets at the end$785.5 millionlast report before June 22, 1990
Deposits at the end$663.3 million
Estimated loss to the fund$60.7 millionRTC
Largest in the quarterly reports$818.2 millionDecember 31, 1988
Equity to assets-1.4%March 31, 1990
Loans not being repaid3.3%noncurrent, March 31, 1990
Return on assets-3.04%a year's rate, March 31, 1990
Staff253full time, March 31, 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.