The Graveyard › Banks › 1989

Mid Kansas S & La Association

Wichita, KS · failed October 19, 1989 · FDIC certificate 29074

Mid Kansas S & La Association of Wichita, KS failed on October 19, 1989. It opened on July 1, 1934, 55 years before. At its last report before that it held $761.9 million in assets and $595.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $979.4 million. The FDIC estimates that the Resolution Trust Corporation lost $72.8 million on it.

1984-031989-09

Assets at the end$761.9 millionlast report before October 19, 1989

Deposits at the end$595.6 million

Estimated loss to the fund$72.8 millionRTC

Largest in the quarterly reports$979.4 millionJune 30, 1988

Equity to assets-3.1%September 30, 1989

Loans not being repaid5.8%noncurrent, September 30, 1989

Return on assets-3.81%a year's rate, September 30, 1989

On the FDIC's list: MID KANSAS S & LA ASSOC..

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Also ended in 1989

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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.