The Graveyard › Banks › 1987
Key S&LA
Englewood, CO · failed February 27, 1987 · FDIC certificate 30623
Key S&LA of Englewood, CO failed on February 27, 1987. It opened on June 26, 1953, 33 years before. At its last report before that it held $241.6 million in assets and $203.7 million in deposits. The FDIC estimates that the FSLIC's fund lost $121.7 million on it.
1984-031986-12
Assets at the end$241.6 millionlast report before February 27, 1987
Deposits at the end$203.7 million
Estimated loss to the fund$121.7 millionFSLIC
Largest in the quarterly reports$246.1 millionSeptember 30, 1986
Equity to assets-2.1%December 31, 1986
Loans not being repaid29.6%noncurrent, December 31, 1986
Return on assets-7.15%a year's rate, December 31, 1986
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million 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.