The Graveyard › Banks › 1988
Irving S&LA
Irving · assisted August 18, 1988 · FDIC certificate 30520
Irving S&LA of Irving was given assistance by the FSLIC on August 18, 1988. The FDIC's list records an assistance transaction, not a closing. It opened on September 13, 1951, 36 years before. At its last report before that it held $53.1 million in assets and $105.9 million in deposits. The FDIC estimates that the FSLIC's fund lost $117.0 million on it.
1984-031988-06
Assets at the end$53.1 millionlast report before August 18, 1988
Deposits at the end$105.9 million
Estimated loss to the fund$117.0 millionFSLIC
Equity to assets-127.2%June 30, 1988
Loans not being repaid14.3%noncurrent, June 30, 1988
Return on assets-46.78%a year's rate, June 30, 1988
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion in assets · assisted
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.