The Graveyard › Banks › 1990
Haven Fs & La
Winter Haven, FL · failed March 2, 1990 · FDIC certificate 32588
Haven Fs & La of Winter Haven, FL failed on March 2, 1990. It opened on June 16, 1988, 1 year before. At its last report before that it held $172.4 million in assets and $146.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $252.8 million. The FDIC estimates that the Resolution Trust Corporation lost $32.9 million on it.
1988-061989-12
Assets at the end$172.4 millionlast report before March 2, 1990
Deposits at the end$146.2 million
Estimated loss to the fund$32.9 millionRTC
Largest in the quarterly reports$252.8 millionDecember 31, 1988
Equity to assets0.8%December 31, 1989
Loans not being repaid1.5%noncurrent, December 31, 1989
Return on assets-4.20%a year's rate, December 31, 1989
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.