The Graveyard › Banks › 1991

Metropolitan National Bank

Farmers Branch, TX · failed January 24, 1991 · FDIC certificate 23461

Metropolitan National Bank of Farmers Branch, TX failed on January 24, 1991. It opened on June 15, 1981, 9 years before. At its last report before that it held $97.3 million in assets and $98.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $129.4 million. The FDIC estimates that the Bank Insurance Fund lost $15.4 million on it.

1984-031990-09

Assets at the end$97.3 millionlast report before January 24, 1991

Deposits at the end$98.5 million

Estimated loss to the fund$15.4 millionBIF

Largest in the quarterly reports$129.4 millionSeptember 30, 1989

Equity to assets-1.8%September 30, 1990

Loans not being repaid8.2%noncurrent, September 30, 1990

Return on assets-6.20%a year's rate, September 30, 1990

Staff82full time, September 30, 1990

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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.