The Graveyard › Banks › 1989
Premier Bank, a National Association
Dallas, TX · failed March 31, 1989 · FDIC certificate 25099
Premier Bank, a National Association of Dallas, TX failed on March 31, 1989. It opened on April 2, 1984, 4 years before. At its last report before that it held $37.1 million in assets and $35.6 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $16.4 million on it.
1984-061988-12
Assets at the end$37.1 millionlast report before March 31, 1989
Deposits at the end$35.6 million
Estimated loss to the fund$16.4 millionFDIC
Largest in the quarterly reports$37.1 millionDecember 31, 1988
Equity to assets3.0%December 31, 1988
Loans not being repaid5.5%noncurrent, December 31, 1988
Return on assets-6.07%a year's rate, December 31, 1988
Staff16full time, December 31, 1988
Also 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.