The Graveyard › Banks › 1989

Metropolitan National Bank

San Antonio · assisted January 31, 1989 · FDIC certificate 24562

Metropolitan National Bank of San Antonio was given assistance by the FDIC on January 31, 1989. The FDIC's list records an assistance transaction, not a closing. It opened on June 20, 1983, 5 years before. At its last report before that it held $4.4 million in assets and $6.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $15.3 million. The FDIC estimates that the FDIC's insurance fund lost $2.3 million on it.

1984-031988-12

Assets at the end$4.4 millionlast report before January 31, 1989

Deposits at the end$6.4 million

Estimated loss to the fund$2.3 millionFDIC

Largest in the quarterly reports$15.3 millionJune 30, 1986

Equity to assets-45.1%December 31, 1988

Loans not being repaid5.9%noncurrent, December 31, 1988

Return on assets-29.81%a year's rate, December 31, 1988

Staff8full time, December 31, 1988

Take today's blind test

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.