The Graveyard › Banks › 1992
National City Bank
Coral Springs, FL · failed February 21, 1992 · FDIC certificate 25882
National City Bank of Coral Springs, FL failed on February 21, 1992. It opened on February 8, 1985, 7 years before. At its last report before that it held $19.0 million in assets and $18.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1990, it held $35.8 million. The FDIC estimates that the Bank Insurance Fund lost $2.6 million on it.
1985-031991-12
Assets at the end$19.0 millionlast report before February 21, 1992
Deposits at the end$18.6 million
Estimated loss to the fund$2.6 millionBIF
Largest in the quarterly reports$35.8 millionJune 30, 1990
Equity to assets1.0%December 31, 1991
Loans not being repaid16.8%noncurrent, December 31, 1991
Return on assets-5.46%a year's rate, December 31, 1991
Staff18full time, December 31, 1991
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.