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Peoples S & L Association

Parsons · failed March 2, 1989 · FDIC certificate 27864

Peoples S & L Association of Parsons failed on March 2, 1989. It opened in 1923, 66 years before. At its last report before that it held $84.3 million in assets and $71.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $115.0 million. The FDIC estimates that the Resolution Trust Corporation lost $13.8 million on it.

1984-031988-12

Assets at the end$84.3 millionlast report before March 2, 1989

Deposits at the end$71.1 million

Estimated loss to the fund$13.8 millionRTC

Largest in the quarterly reports$115.0 millionJune 30, 1984

Equity to assets-8.8%December 31, 1988

Loans not being repaid3.3%noncurrent, December 31, 1988

Return on assets-3.73%a year's rate, December 31, 1988

On the FDIC's list: PEOPLES 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.