The Graveyard › Banks › 1990
New Athens Fs & La
New Athens, IL · failed March 2, 1990 · FDIC certificate 31174
New Athens Fs & La of New Athens, IL failed on March 2, 1990. It opened in 1904, 86 years before. At its last report before that it held $30.4 million in assets and $27.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $32.9 million. The FDIC estimates that the Resolution Trust Corporation lost $1.6 million on it.
1984-031989-12
Assets at the end$30.4 millionlast report before March 2, 1990
Deposits at the end$27.6 million
Estimated loss to the fund$1.6 millionRTC
Largest in the quarterly reports$32.9 millionJune 30, 1986
Equity to assets-3.1%December 31, 1989
Loans not being repaid2.7%noncurrent, December 31, 1989
Return on assets-0.35%a year's rate, December 31, 1989
Also ended in 1990
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- 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.