The Graveyard › Banks › 1991
Peoples Bank
Hewitt, TX · failed June 13, 1991 · FDIC certificate 23039
Peoples Bank of Hewitt, TX failed on June 13, 1991. It opened on January 28, 1980, 11 years before. At its last report before that it held $17.3 million in assets and $16.7 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1987, it held $35.2 million. The FDIC estimates that the Bank Insurance Fund lost $4.0 million on it.
1984-031991-03
Assets at the end$17.3 millionlast report before June 13, 1991
Deposits at the end$16.7 million
Estimated loss to the fund$4.0 millionBIF
Largest in the quarterly reports$35.2 millionMarch 31, 1987
Equity to assets-1.6%March 31, 1991
Loans not being repaid7.9%noncurrent, March 31, 1991
Return on assets-6.20%a year's rate, March 31, 1991
Staff18full 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.