The Graveyard › Banks › 1993

Plaza Bank, N.A. of New Braunfels

New Braunfels, TX · failed October 14, 1993 · FDIC certificate 8446

Plaza Bank, N.A. of New Braunfels of New Braunfels, TX failed on October 14, 1993. It opened on November 17, 1921, 71 years before. At its last report before that it held $54.6 million in assets and $56.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $143.7 million. The FDIC estimates that the Bank Insurance Fund lost $2.7 million on it.

1984-031993-06

Assets at the end$54.6 millionlast report before October 14, 1993

Deposits at the end$56.9 million

Estimated loss to the fund$2.7 millionBIF

Largest in the quarterly reports$143.7 millionMarch 31, 1988

Equity to assets-4.9%June 30, 1993

Loans not being repaid57.5%noncurrent, June 30, 1993

Return on assets-1.99%a year's rate, June 30, 1993

Staff26full time, June 30, 1993

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Also ended in 1993

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Old Stone SB · Providence, RI · $1.8 billion in assets
New England Savings Bank · New London, CT · $914.9 million in assets
First National Bank of Vermont · Bradford, VT · $295.8 million in assets
The Bank of San Diego · San Diego, CA · $294.3 million in assets
Jefferson National Bank · Watertown, NY · $256.0 million 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.