The Graveyard › Banks › 1990
Jennings Fsa
Jennings, LA · failed May 18, 1990 · FDIC certificate 29130
Jennings Fsa of Jennings, LA failed on May 18, 1990. It opened on August 1, 1934, 55 years before. At its last report before that it held $54.1 million in assets and $55.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $64.8 million. The FDIC estimates that the Resolution Trust Corporation lost $11.0 million on it.
1984-031990-03
Assets at the end$54.1 millionlast report before May 18, 1990
Deposits at the end$55.9 million
Estimated loss to the fund$11.0 millionRTC
Largest in the quarterly reports$64.8 millionMarch 31, 1985
Equity to assets-4.0%March 31, 1990
Loans not being repaid9.2%noncurrent, March 31, 1990
Return on assets0.46%a year's rate, March 31, 1990
Staff26full time, March 31, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.