The Graveyard › Banks › 1991
Hollywood FSB
Hollywood, FL · failed February 22, 1991 · FDIC certificate 29015
Hollywood FSB of Hollywood, FL failed on February 22, 1991. It opened on July 1, 1934, 56 years before. At its last report before that it held $1.5 billion in assets and $1.4 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $1.8 billion. The FDIC estimates that the Resolution Trust Corporation lost $82.6 million on it.
1984-031990-12
Assets at the end$1.5 billionlast report before February 22, 1991
Deposits at the end$1.4 billion
Estimated loss to the fund$82.6 millionRTC
Largest in the quarterly reports$1.8 billionJune 30, 1989
Equity to assets-3.5%December 31, 1990
Loans not being repaid1.5%noncurrent, December 31, 1990
Return on assets-4.12%a year's rate, December 31, 1990
Staff456full time, December 31, 1990
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.