The Graveyard › Banks › 1992
Liberty FSB
Warrenton, VA · failed July 17, 1992 · FDIC certificate 31931
Liberty FSB of Warrenton, VA failed on July 17, 1992. It opened on June 30, 1978, 14 years before. At its last report before that it held $92.0 million in assets and $86.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1990, it held $122.0 million. The FDIC estimates that the Resolution Trust Corporation lost $12.3 million on it.
1984-031992-06
Assets at the end$92.0 millionlast report before July 17, 1992
Deposits at the end$86.9 million
Estimated loss to the fund$12.3 millionRTC
Largest in the quarterly reports$122.0 millionSeptember 30, 1990
Equity to assets-1.5%June 30, 1992
Loans not being repaid3.7%noncurrent, June 30, 1992
Return on assets-4.68%a year's rate, June 30, 1992
Staff38full time, June 30, 1992
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.
