The Graveyard › Banks › 1989
Liberty National Bank
Dallas, TX · failed May 25, 1989 · FDIC certificate 23108
Liberty National Bank of Dallas, TX failed on May 25, 1989. It opened on April 7, 1980, 9 years before. At its last report before that it held $67.5 million in assets and $68.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $77.0 million. The FDIC estimates that the FDIC's insurance fund lost $23.3 million on it.
1984-031989-03
Assets at the end$67.5 millionlast report before May 25, 1989
Deposits at the end$68.3 million
Estimated loss to the fund$23.3 millionFDIC
Largest in the quarterly reports$77.0 millionSeptember 30, 1988
Equity to assets-6.5%March 31, 1989
Loans not being repaid2.3%noncurrent, March 31, 1989
Return on assets-2.07%a year's rate, March 31, 1989
Staff35full time, March 31, 1989
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.