The Graveyard › Banks › 1991
Northwest Bank, National Association
San Antonio, TX · failed June 6, 1991 · FDIC certificate 25142
Northwest Bank, National Association of San Antonio, TX failed on June 6, 1991. It opened on May 16, 1984, 7 years before. At its last report before that it held $7.2 million in assets and $7.2 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $13.1 million. The FDIC estimates that the Bank Insurance Fund lost $789,013 on it.
1984-061991-03
Assets at the end$7.2 millionlast report before June 6, 1991
Deposits at the end$7.2 million
Estimated loss to the fund$789,013BIF
Largest in the quarterly reports$13.1 millionMarch 31, 1988
Equity to assets-0.9%March 31, 1991
Loans not being repaid14.6%noncurrent, March 31, 1991
Return on assets-13.53%a year's rate, March 31, 1991
Staff15full time, March 31, 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.