The Graveyard › Banks › 1990
Hometown Fsa
Winfield, IL · failed August 3, 1990 · FDIC certificate 30312
Hometown Fsa of Winfield, IL failed on August 3, 1990. It opened in 1890, 100 years before. At its last report before that it held $46.5 million in assets and $39.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $50.4 million. The FDIC estimates that the Resolution Trust Corporation lost $6.3 million on it.
1984-031990-06
Assets at the end$46.5 millionlast report before August 3, 1990
Deposits at the end$39.4 million
Estimated loss to the fund$6.3 millionRTC
Largest in the quarterly reports$50.4 millionJune 30, 1989
Equity to assets0.9%June 30, 1990
Loans not being repaid7.6%noncurrent, June 30, 1990
Return on assets-0.14%a year's rate, June 30, 1990
Staff10full 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.