The Graveyard › Banks › 1990

NBC Bank - Austin, National Association

Austin, TX · failed June 1, 1990 · FDIC certificate 22404

NBC Bank - Austin, National Association of Austin, TX failed on June 1, 1990. It opened on January 31, 1977, 13 years before. At its last report before that it held $33.8 million in assets and $41.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $58.8 million. The FDIC estimates that the Bank Insurance Fund lost $5.8 million on it.

1984-031990-03

Assets at the end$33.8 millionlast report before June 1, 1990

Deposits at the end$41.8 million

Estimated loss to the fund$5.8 millionBIF

Largest in the quarterly reports$58.8 millionJune 30, 1985

Equity to assets-25.0%March 31, 1990

Loans not being repaid18.6%noncurrent, March 31, 1990

Return on assets-3.20%a year's rate, March 31, 1990

Staff22full time, March 31, 1990

On the FDIC's list: NBC BANK-AUSTIN, NATIONAL ASSOC.

Take today's blind test

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.