The Graveyard › Banks › 1989

Mid Missouri S & L Association

Boonville, MO · failed June 29, 1989 · FDIC certificate 31019

Mid Missouri S & L Association of Boonville, MO failed on June 29, 1989. It opened in 1914, 75 years before. At its last report before that it held $76.7 million in assets and $67.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $97.5 million. The FDIC estimates that the Resolution Trust Corporation lost $16.6 million on it.

1984-031989-03

Assets at the end$76.7 millionlast report before June 29, 1989

Deposits at the end$67.6 million

Estimated loss to the fund$16.6 millionRTC

Largest in the quarterly reports$97.5 millionJune 30, 1986

Equity to assets-9.4%March 31, 1989

Loans not being repaid5.8%noncurrent, March 31, 1989

Return on assets-3.57%a year's rate, March 31, 1989

On the FDIC's list: MID MISSOURI S & L ASSOC..

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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.