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Jefferson S & L Association

Beaumont · failed March 16, 1989 · FDIC certificate 31402

Jefferson S & L Association of Beaumont failed on March 16, 1989. It opened on September 20, 1963, 25 years before. At its last report before that it held $119.1 million in assets and $125.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $165.0 million. The FDIC estimates that the Resolution Trust Corporation lost $85.1 million on it.

1984-031988-12

Assets at the end$119.1 millionlast report before March 16, 1989

Deposits at the end$125.7 million

Estimated loss to the fund$85.1 millionRTC

Largest in the quarterly reports$165.0 millionJune 30, 1987

Equity to assets-34.4%December 31, 1988

Loans not being repaid32.5%noncurrent, December 31, 1988

Return on assets-21.45%a year's rate, December 31, 1988

On the FDIC's list: JEFFERSON S & L ASSOC..

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Also ended in 1989

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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.