The Graveyard › Banks › 1990
Home SB, FSB
Salt Lake City, UT · failed July 5, 1990 · FDIC certificate 32037
Home SB, FSB of Salt Lake City, UT failed on July 5, 1990. It opened in 1915, 75 years before. At its last report before that it held $12.8 million in assets and $9.9 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $29.5 million. The FDIC estimates that the Resolution Trust Corporation lost $217,701 on it.
1984-031990-06
Assets at the end$12.8 millionlast report before July 5, 1990
Deposits at the end$9.9 million
Estimated loss to the fund$217,701RTC
Largest in the quarterly reports$29.5 millionJune 30, 1986
Equity to assets-0.7%June 30, 1990
Loans not being repaid12.6%noncurrent, June 30, 1990
Return on assets-3.17%a year's rate, June 30, 1990
Staff17full time, June 30, 1990
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.