The Graveyard › Banks › 1990
Nbc Bank- South Texas, National
Corpus Christi, TX · failed June 1, 1990 · FDIC certificate 3410
Nbc Bank- South Texas, National of Corpus Christi, TX failed on June 1, 1990. It opened in 1913, 77 years before. At its last report before that it held $118.4 million in assets and $126.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1987, it held $195.3 million. The FDIC estimates that the Bank Insurance Fund lost $10.4 million on it.
1984-031990-03
Assets at the end$118.4 millionlast report before June 1, 1990
Deposits at the end$126.5 million
Estimated loss to the fund$10.4 millionBIF
Largest in the quarterly reports$195.3 millionSeptember 30, 1987
Equity to assets-8.2%March 31, 1990
Loans not being repaid20.3%noncurrent, March 31, 1990
Return on assets-3.30%a year's rate, March 31, 1990
Staff64full 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.
