The Graveyard › Banks › 1989
Jasper Fs & La
Jasper · failed March 16, 1989 · FDIC certificate 29267
Jasper Fs & La of Jasper failed on March 16, 1989. It opened in 1934, 55 years before. At its last report before that it held $135.6 million in assets and $154.5 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $167.4 million. The FDIC estimates that the Resolution Trust Corporation lost $80.0 million on it.
1984-031988-12
Assets at the end$135.6 millionlast report before March 16, 1989
Deposits at the end$154.5 million
Estimated loss to the fund$80.0 millionRTC
Largest in the quarterly reports$167.4 millionJune 30, 1985
Equity to assets-15.7%December 31, 1988
Loans not being repaid8.4%noncurrent, December 31, 1988
Return on assets-5.66%a year's rate, December 31, 1988
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.