The Graveyard › Banks › 1989
Plano S & L Association
Plano, TX · failed September 21, 1989 · FDIC certificate 31398
Plano S & L Association of Plano, TX failed on September 21, 1989. It opened on November 20, 1963, 25 years before. At its last report before that it held $274.4 million in assets and $256.1 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $137.6 million on it.
1984-031989-06
Assets at the end$274.4 millionlast report before September 21, 1989
Deposits at the end$256.1 million
Estimated loss to the fund$137.6 millionRTC
Largest in the quarterly reports$282.9 millionSeptember 30, 1988
Equity to assets-4.1%June 30, 1989
Loans not being repaid33.6%noncurrent, June 30, 1989
Return on assets-14.93%a year's rate, June 30, 1989
On the FDIC's list: PLANO S & L ASSOC..
Take today's blind testAlso ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- 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.