The Graveyard › Banks › 1989

Home Fed. S & L Association

Mountain Home, AR · failed March 2, 1989 · FDIC certificate 31937

Home Fed. S & L Association of Mountain Home, AR failed on March 2, 1989. It opened in 1975, 14 years before. At its last report before that it held $37.2 million in assets and $72.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $88.6 million. The FDIC estimates that the Resolution Trust Corporation lost $56.8 million on it.

1984-031988-12

Assets at the end$37.2 millionlast report before March 2, 1989

Deposits at the end$72.1 million

Estimated loss to the fund$56.8 millionRTC

Largest in the quarterly reports$88.6 millionJune 30, 1986

Equity to assets-103.6%December 31, 1988

Loans not being repaid51.6%noncurrent, December 31, 1988

Return on assets-16.96%a year's rate, December 31, 1988

On the FDIC's list: HOME FED. S & L ASSOC..

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Also ended in 1989

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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.