The Graveyard › Banks › 1989

Parish Federal S & L Association

Denham Springs, LA · failed July 20, 1989 · FDIC certificate 31984

Parish Federal S & L Association of Denham Springs, LA failed on July 20, 1989. It opened on September 7, 1979, 9 years before. At its last report before that it held $14.7 million in assets and $14.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $18.5 million. The FDIC estimates that the Resolution Trust Corporation lost $4.4 million on it.

1984-031989-06

Assets at the end$14.7 millionlast report before July 20, 1989

Deposits at the end$14.9 million

Estimated loss to the fund$4.4 millionRTC

Largest in the quarterly reports$18.5 millionMarch 31, 1988

Equity to assets-4.9%June 30, 1989

Loans not being repaid21.0%noncurrent, June 30, 1989

Return on assets-2.83%a year's rate, June 30, 1989

On the FDIC's list: PARISH FEDERAL S & L ASSOC..

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Also ended in 1989

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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.