The Graveyard › Banks › 1990
Mutual S & La
Weatherford, TX · failed June 1, 1990 · FDIC certificate 28848
Mutual S & La of Weatherford, TX failed on June 1, 1990. It opened in 1891, 99 years before. At its last report before that it held $104.8 million in assets and $93.3 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $139.3 million. The FDIC estimates that the Resolution Trust Corporation lost $15.8 million on it.
1984-031990-03
Assets at the end$104.8 millionlast report before June 1, 1990
Deposits at the end$93.3 million
Estimated loss to the fund$15.8 millionRTC
Largest in the quarterly reports$139.3 millionMarch 31, 1985
Equity to assets-1.8%March 31, 1990
Loans not being repaid5.0%noncurrent, March 31, 1990
Return on assets-2.67%a year's rate, March 31, 1990
Staff33full time, March 31, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.