The Graveyard › Banks › 1992
Irving Fb for Savings
Chicago, IL · failed November 20, 1992 · FDIC certificate 27660
Irving Fb for Savings of Chicago, IL failed on November 20, 1992. It opened in 1913, 79 years before. At its last report before that it held $247.0 million in assets and $246.3 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $314.0 million. The FDIC estimates that the Resolution Trust Corporation lost $4.6 million on it.
1984-031992-09
Assets at the end$247.0 millionlast report before November 20, 1992
Deposits at the end$246.3 million
Estimated loss to the fund$4.6 millionRTC
Largest in the quarterly reports$314.0 millionDecember 31, 1989
Equity to assets0.0%September 30, 1992
Loans not being repaid10.6%noncurrent, September 30, 1992
Return on assets-3.12%a year's rate, September 30, 1992
Staff111full time, September 30, 1992
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.