The Graveyard › Banks › 1990

NBC Bank-Seguin, National Association

Seguin, TX · failed June 1, 1990 · FDIC certificate 5524

NBC Bank-Seguin, National Association of Seguin, TX failed on June 1, 1990. It opened on November 1, 1897, 92 years before. At its last report before that it held $63.8 million in assets and $68.3 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $96.4 million. The FDIC estimates that the Bank Insurance Fund lost $5.6 million on it.

1984-031990-03

Assets at the end$63.8 millionlast report before June 1, 1990

Deposits at the end$68.3 million

Estimated loss to the fund$5.6 millionBIF

Largest in the quarterly reports$96.4 millionMarch 31, 1988

Equity to assets-8.8%March 31, 1990

Loans not being repaid31.0%noncurrent, March 31, 1990

Return on assets-9.68%a year's rate, March 31, 1990

Staff33full time, March 31, 1990

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

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Also ended in 1990

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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.