The Graveyard › Banks › 1989
MBank Greenville, National Association
Greenville, TX · failed March 28, 1989 · FDIC certificate 1191
MBank Greenville, National Association of Greenville, TX failed on March 28, 1989. It opened in 1921, 68 years before. At its last report before that it held $153.3 million in assets and $152.7 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $4.9 million on it.
1984-031988-12
Assets at the end$153.3 millionlast report before March 28, 1989
Deposits at the end$152.7 million
Estimated loss to the fund$4.9 millionFDIC
Largest in the quarterly reports$153.3 millionDecember 31, 1988
Equity to assets-0.5%December 31, 1988
Loans not being repaid8.0%noncurrent, December 31, 1988
Return on assets-3.20%a year's rate, December 31, 1988
Staff40full time, December 31, 1988
On the FDIC's list: MBANK GREENVILLE, NATIONAL ASSOC.
Take today's blind testAlso ended in 1989
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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.
