The Graveyard › Banks › 1988
Home Savings Bank, FA
Lawton, OK · failed August 31, 1988 · FDIC certificate 29013
Home Savings Bank, FA of Lawton, OK failed on August 31, 1988. It opened in 1901, 87 years before. At its last report before that it held $264.1 million in assets and $211.5 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $288.1 million. The FDIC estimates that the FSLIC's fund lost $93.9 million on it.
1984-031988-06
Assets at the end$264.1 millionlast report before August 31, 1988
Deposits at the end$211.5 million
Estimated loss to the fund$93.9 millionFSLIC
Largest in the quarterly reports$288.1 millionMarch 31, 1985
Equity to assets-1.1%June 30, 1988
Loans not being repaid22.6%noncurrent, June 30, 1988
Return on assets-2.58%a year's rate, June 30, 1988
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion in assets · assisted
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.