The Graveyard › Banks › 1990
Nowlin SA
Ft. Worth, TX · failed February 23, 1990 · FDIC certificate 31801
Nowlin SA of Ft. Worth, TX failed on February 23, 1990. It opened in 1975, 15 years before. At its last report before that it held $200.5 million in assets and $195.5 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $348.0 million. The FDIC estimates that the Resolution Trust Corporation lost $58.1 million on it.
1984-031989-12
Assets at the end$200.5 millionlast report before February 23, 1990
Deposits at the end$195.5 million
Estimated loss to the fund$58.1 millionRTC
Largest in the quarterly reports$348.0 millionDecember 31, 1988
Equity to assets-9.3%December 31, 1989
Loans not being repaid12.1%noncurrent, December 31, 1989
Return on assets-11.12%a year's rate, December 31, 1989
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.