The Graveyard › Banks › 1987
Plaza National Bank
Del Rio, TX · failed March 12, 1987 · FDIC certificate 23445
Plaza National Bank of Del Rio, TX failed on March 12, 1987. It opened on May 11, 1981, 5 years before. At its last report before that it held $34.3 million in assets and $33.1 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $45.3 million. The FDIC estimates that the FDIC's insurance fund lost $18.0 million on it.
1984-031986-12
Assets at the end$34.3 millionlast report before March 12, 1987
Deposits at the end$33.1 million
Estimated loss to the fund$18.0 millionFDIC
Largest in the quarterly reports$45.3 millionMarch 31, 1986
Equity to assets-6.0%December 31, 1986
Loans not being repaid19.7%noncurrent, December 31, 1986
Return on assets-7.74%a year's rate, December 31, 1986
Staff20full time, December 31, 1986
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million in assets · assisted
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.