The Graveyard › Banks › 1988
Larue Fs&La
Hodgenville, KY · failed June 3, 1988 · FDIC certificate 28976
Larue Fs&La of Hodgenville, KY failed on June 3, 1988. It opened on June 1, 1934, 54 years before. At its last report before that it held $12.0 million in assets and $16.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $20.9 million. The FDIC estimates that the FSLIC's fund lost $4.0 million on it.
1984-031988-03
Assets at the end$12.0 millionlast report before June 3, 1988
Deposits at the end$16.2 million
Estimated loss to the fund$4.0 millionFSLIC
Largest in the quarterly reports$20.9 millionSeptember 30, 1984
Equity to assets-40.2%March 31, 1988
Loans not being repaid44.9%noncurrent, March 31, 1988
Return on assets-6.72%a year's rate, March 31, 1988
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.