The Graveyard › Banks › 1990
North Texas Fsa
Wichita Falls, TX · failed July 13, 1990 · FDIC certificate 28787
North Texas Fsa of Wichita Falls, TX failed on July 13, 1990. It opened in 1923, 67 years before. At its last report before that it held $97.0 million in assets and $95.9 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $105.1 million. The FDIC estimates that the Resolution Trust Corporation lost $8.2 million on it.
1984-031990-06
Assets at the end$97.0 millionlast report before July 13, 1990
Deposits at the end$95.9 million
Estimated loss to the fund$8.2 millionRTC
Largest in the quarterly reports$105.1 millionJune 30, 1989
Equity to assets-4.6%June 30, 1990
Loans not being repaid2.2%noncurrent, June 30, 1990
Return on assets-0.33%a year's rate, June 30, 1990
Staff32full time, June 30, 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.