The Graveyard › Banks › 1990
Plaza Del Oro National Bank
Houston, TX · failed January 11, 1990 · FDIC certificate 26252
Plaza Del Oro National Bank of Houston, TX failed on January 11, 1990. It opened on May 20, 1985, 4 years before. At its last report before that it held $15.7 million in assets and $15.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $19.1 million. The FDIC estimates that the Bank Insurance Fund lost $1.5 million on it.
1985-061989-09
Assets at the end$15.7 millionlast report before January 11, 1990
Deposits at the end$15.8 million
Estimated loss to the fund$1.5 millionBIF
Largest in the quarterly reports$19.1 millionJune 30, 1987
Equity to assets-1.6%September 30, 1989
Loans not being repaid6.5%noncurrent, September 30, 1989
Return on assets-3.12%a year's rate, September 30, 1989
Staff13full time, September 30, 1989
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.