The Graveyard › Banks › 1992
Lemont Fsa
Lemont, IL · failed February 28, 1992 · FDIC certificate 30999
Lemont Fsa of Lemont, IL failed on February 28, 1992. It opened in 1957, 35 years before. At its last report before that it held $193.7 million in assets and $188.8 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $302.8 million. The FDIC estimates that the Resolution Trust Corporation lost $53.0 million on it.
1984-031991-12
Assets at the end$193.7 millionlast report before February 28, 1992
Deposits at the end$188.8 million
Estimated loss to the fund$53.0 millionRTC
Largest in the quarterly reports$302.8 millionSeptember 30, 1989
Equity to assets-0.5%December 31, 1991
Loans not being repaid3.9%noncurrent, December 31, 1991
Return on assets-3.75%a year's rate, December 31, 1991
Staff35full time, December 31, 1991
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.