The Graveyard › Banks › 1990
Great Western National Bank
Lewisville, TX · failed September 27, 1990 · FDIC certificate 27042
Great Western National Bank of Lewisville, TX failed on September 27, 1990. It opened on August 17, 1987, 3 years before. At its last report before that it held $13.4 million in assets and $13.3 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $15.0 million. The FDIC estimates that the Bank Insurance Fund lost $1.6 million on it.
1987-091990-06
Assets at the end$13.4 millionlast report before September 27, 1990
Deposits at the end$13.3 million
Estimated loss to the fund$1.6 millionBIF
Largest in the quarterly reports$15.0 millionDecember 31, 1989
Equity to assets-0.1%June 30, 1990
Loans not being repaid11.5%noncurrent, June 30, 1990
Return on assets-3.48%a year's rate, June 30, 1990
Staff11full 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.