The Graveyard › Banks › 1991
Pan American FSB
San Mateo · failed July 12, 1991 · FDIC certificate 31800
Pan American FSB of San Mateo failed on July 12, 1991. It opened on November 12, 1976, 14 years before. At its last report before that it held $287.2 million in assets and $250.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $338.7 million. The FDIC estimates that the Resolution Trust Corporation lost $8.3 million on it.
1984-031991-06
Assets at the end$287.2 millionlast report before July 12, 1991
Deposits at the end$250.2 million
Estimated loss to the fund$8.3 millionRTC
Largest in the quarterly reports$338.7 millionSeptember 30, 1989
Equity to assets2.2%June 30, 1991
Loans not being repaid1.5%noncurrent, June 30, 1991
Return on assets-0.12%a year's rate, June 30, 1991
Staff61full time, June 30, 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.