The Graveyard › Banks › 1991
New Metropolitan FSB
Hialeah, FL · failed July 19, 1991 · FDIC certificate 32494
New Metropolitan FSB of Hialeah, FL failed on July 19, 1991. It opened on August 27, 1986, 4 years before. At its last report before that it held $18.4 million in assets and $43.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1986, it held $46.2 million. The FDIC estimates that the Resolution Trust Corporation lost $28.2 million on it.
1986-121991-06
Assets at the end$18.4 millionlast report before July 19, 1991
Deposits at the end$43.2 million
Estimated loss to the fund$28.2 millionRTC
Largest in the quarterly reports$46.2 millionDecember 31, 1986
Equity to assets-140.7%June 30, 1991
Loans not being repaid10.6%noncurrent, June 30, 1991
Return on assets-17.29%a year's rate, June 30, 1991
Staff10full time, June 30, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.