The Graveyard › Banks › 1989
North American Fsa
San Antonio, TX · failed July 27, 1989 · FDIC certificate 31824
North American Fsa of San Antonio, TX failed on July 27, 1989. It opened in 1973, 16 years before. At its last report before that it held $99.8 million in assets and $92.8 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $52.8 million on it.
1984-031989-06
Assets at the end$99.8 millionlast report before July 27, 1989
Deposits at the end$92.8 million
Estimated loss to the fund$52.8 millionRTC
Largest in the quarterly reports$100.5 millionSeptember 30, 1988
Equity to assets-6.2%June 30, 1989
Loans not being repaid17.0%noncurrent, June 30, 1989
Return on assets-8.28%a year's rate, June 30, 1989
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.