The Graveyard › Banks › 1991
Peoples Fsa
Ottumwa, IA · failed November 22, 1991 · FDIC certificate 28295
Peoples Fsa of Ottumwa, IA failed on November 22, 1991. It opened in 1892, 99 years before. At its last report before that it held $34.3 million in assets and $33.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $51.1 million. The FDIC estimates that the Resolution Trust Corporation lost $735,332 on it.
1984-031991-09
Assets at the end$34.3 millionlast report before November 22, 1991
Deposits at the end$33.7 million
Estimated loss to the fund$735,332RTC
Largest in the quarterly reports$51.1 millionJune 30, 1984
Equity to assets1.1%September 30, 1991
Loans not being repaid2.4%noncurrent, September 30, 1991
Return on assets-0.75%a year's rate, September 30, 1991
Staff14full time, September 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.