The Graveyard › Banks › 1990
Investors of Florida
Deerfield Beach, FL · failed June 1, 1990 · FDIC certificate 32315
Investors of Florida of Deerfield Beach, FL failed on June 1, 1990. It opened on April 30, 1985, 5 years before. At its last report before that it held $282.6 million in assets and $244.9 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $64.1 million on it.
1985-061990-03
Assets at the end$282.6 millionlast report before June 1, 1990
Deposits at the end$244.9 million
Estimated loss to the fund$64.1 millionRTC
Largest in the quarterly reports$282.6 millionMarch 31, 1990
Equity to assets-0.4%March 31, 1990
Loans not being repaid6.3%noncurrent, March 31, 1990
Return on assets-2.21%a year's rate, March 31, 1990
Staff62full time, March 31, 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.