The Graveyard › Banks › 1988
Jennings Bank
Jennings, KS · failed April 14, 1988 · FDIC certificate 22188
Jennings Bank of Jennings, KS failed on April 14, 1988. It opened on December 29, 1975, 12 years before. At its last report before that it held $7.1 million in assets and $7.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $736,461 on it.
1984-031987-12
Assets at the end$7.1 millionlast report before April 14, 1988
Deposits at the end$7.0 million
Estimated loss to the fund$736,461FDIC
Equity to assets0.5%December 31, 1987
Loans not being repaid14.9%noncurrent, December 31, 1987
Return on assets0.11%a year's rate, December 31, 1987
Staff7full time, December 31, 1987
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.