The Graveyard › Banks › 1986
Homestead S&LA
Woodward, OK · failed October 10, 1986 · FDIC certificate 28527
Homestead S&LA of Woodward, OK failed on October 10, 1986. It opened in 1919, 67 years before. At its last report before that it held $135.0 million in assets and $149.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $172.2 million. The FDIC estimates that the FSLIC's fund lost $103.7 million on it.
1984-031986-06
Assets at the end$135.0 millionlast report before October 10, 1986
Deposits at the end$149.2 million
Estimated loss to the fund$103.7 millionFSLIC
Largest in the quarterly reports$172.2 millionJune 30, 1985
Equity to assets-28.5%June 30, 1986
Loans not being repaid52.2%noncurrent, June 30, 1986
Return on assets-40.21%a year's rate, June 30, 1986
Also ended in 1986
- Western S&LA · Dallas, TX · $2.0 billion in assets
- The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
- Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
- National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
- Mainland S&LA · Houston, TX · $1.0 billion in assets
- American Diversified Savings Bank · Costa Mesa · $978.6 million 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.