The Graveyard › Banks › 1989

Greater Texas Bank Southwest, NA

Travis County, TX · failed November 30, 1989 · FDIC certificate 26433

Greater Texas Bank Southwest, NA of Travis County, TX failed on November 30, 1989. It opened on November 8, 1985, 4 years before. At its last report before that it held $32.6 million in assets and $33.5 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $47.6 million. The FDIC estimates that the Bank Insurance Fund lost $4.0 million on it.

1985-121989-09

Assets at the end$32.6 millionlast report before November 30, 1989

Deposits at the end$33.5 million

Estimated loss to the fund$4.0 millionBIF

Largest in the quarterly reports$47.6 millionJune 30, 1987

Equity to assets-3.7%September 30, 1989

Loans not being repaid11.0%noncurrent, September 30, 1989

Return on assets-6.29%a year's rate, September 30, 1989

Staff31full time, September 30, 1989

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Also ended in 1989

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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.