The Graveyard › Banks › 1989
Oak Hill National Bank
Travis County, TX · failed January 12, 1989 · FDIC certificate 26655
Oak Hill National Bank of Travis County, TX failed on January 12, 1989. It opened on April 11, 1986, 2 years before. At its last report before that it held $18.2 million in assets and $18.2 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $5.5 million on it.
1986-061988-09
Assets at the end$18.2 millionlast report before January 12, 1989
Deposits at the end$18.2 million
Estimated loss to the fund$5.5 millionFDIC
Largest in the quarterly reports$18.3 millionDecember 31, 1986
Equity to assets-0.3%September 30, 1988
Loans not being repaid11.8%noncurrent, September 30, 1988
Return on assets-1.23%a year's rate, September 30, 1988
Staff13full time, September 30, 1988
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.
