The Graveyard › Banks › 1991
Metropolitan Fs & La
Nashville, TN · failed April 19, 1991 · FDIC certificate 30392
Metropolitan Fs & La of Nashville, TN failed on April 19, 1991. It opened on February 16, 1949, 42 years before. At its last report before that it held $985.1 million in assets and $811.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $1.2 billion. The FDIC estimates that the Resolution Trust Corporation lost $112.2 million on it.
1984-031991-03
Assets at the end$985.1 millionlast report before April 19, 1991
Deposits at the end$811.8 million
Estimated loss to the fund$112.2 millionRTC
Largest in the quarterly reports$1.2 billionMarch 31, 1988
Equity to assets0.3%March 31, 1991
Loans not being repaid9.7%noncurrent, March 31, 1991
Return on assets-1.48%a year's rate, March 31, 1991
Staff341full time, March 31, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.