The Graveyard › Banks › 1986
Mainland S&LA
Houston, TX · failed April 4, 1986 · FDIC certificate 30342
Mainland S&LA of Houston, TX failed on April 4, 1986. It opened in 1947, 39 years before. At its last report before that it held $1.0 billion in assets and $873.6 million in deposits. The FDIC estimates that the FSLIC's fund lost $1.1 billion on it.
1984-031985-12
Assets at the end$1.0 billionlast report before April 4, 1986
Deposits at the end$873.6 million
Estimated loss to the fund$1.1 billionFSLIC
Largest in the quarterly reports$1.0 billionJune 30, 1985
Equity to assets-2.9%December 31, 1985
Loans not being repaid29.1%noncurrent, December 31, 1985
Return on assets-3.97%a year's rate, December 31, 1985
On the FDIC's list: MAINLAND S&LA.
Take today's blind testAlso ended in 1986
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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.