The Graveyard › Banks › 1989
Greater Texas Bank North, NA
Austin, TX · failed November 30, 1989 · FDIC certificate 25676
Greater Texas Bank North, NA of Austin, TX failed on November 30, 1989. It opened on September 21, 1984, 5 years before. At its last report before that it held $22.7 million in assets and $26.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $30.3 million. The FDIC estimates that the Bank Insurance Fund lost $11.2 million on it.
1984-091989-09
Assets at the end$22.7 millionlast report before November 30, 1989
Deposits at the end$26.3 million
Estimated loss to the fund$11.2 millionBIF
Largest in the quarterly reports$30.3 millionJune 30, 1987
Equity to assets-18.2%September 30, 1989
Loans not being repaid16.5%noncurrent, September 30, 1989
Return on assets-21.67%a year's rate, September 30, 1989
Staff19full time, September 30, 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.