The Graveyard › Banks › 1989

New Braunfels S & La Association

New Braunfels, TX · failed July 27, 1989 · FDIC certificate 31741

New Braunfels S & La Association of New Braunfels, TX failed on July 27, 1989. It opened in 1973, 16 years before. At its last report before that it held $85.6 million in assets and $82.4 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $99.4 million. The FDIC estimates that the Resolution Trust Corporation lost $64.9 million on it.

1984-031989-06

Assets at the end$85.6 millionlast report before July 27, 1989

Deposits at the end$82.4 million

Estimated loss to the fund$64.9 millionRTC

Largest in the quarterly reports$99.4 millionSeptember 30, 1988

Equity to assets-7.4%June 30, 1989

Loans not being repaid32.7%noncurrent, June 30, 1989

Return on assets-15.93%a year's rate, June 30, 1989

On the FDIC's list: NEW BRAUNFELS S & LA ASSOC..

Take today's blind test

Also ended in 1989

Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
City Savings, FSB · Somerset, NJ · $9.8 billion in assets
MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
University Federal Savings · Houston, TX · $4.5 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.