The Graveyard › Banks › 1989
Peoples S & L Association
Hampton, VA · failed June 29, 1989 · FDIC certificate 28378
Peoples S & L Association of Hampton, VA failed on June 29, 1989. It opened in 1889, 100 years before. At its last report before that it held $23.9 million in assets and $24.3 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $1.4 million on it.
1984-031989-03
Assets at the end$23.9 millionlast report before June 29, 1989
Deposits at the end$24.3 million
Estimated loss to the fund$1.4 millionRTC
Largest in the quarterly reports$24.9 millionDecember 31, 1988
Equity to assets-2.9%March 31, 1989
Loans not being repaid10.3%noncurrent, March 31, 1989
Return on assets-19.39%a year's rate, March 31, 1989
On the FDIC's list: PEOPLES S & L ASSOC..
Take today's blind testAlso ended in 1989
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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.