The Graveyard › Banks › 1991

Red River Fs & La

Lawton, OK · failed April 26, 1991 · FDIC certificate 32605

Red River Fs & La of Lawton, OK failed on April 26, 1991. It opened on August 31, 1988, 2 years before. At its last report before that it held $422.2 million in assets and $378.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $546.9 million. The FDIC's list records a negative loss of $441,553: the Resolution Trust Corporation got back more than it paid out.

1988-091991-03

Assets at the end$422.2 millionlast report before April 26, 1991

Deposits at the end$378.3 million

Estimated loss to the funda gain of $441,553RTC

Largest in the quarterly reports$546.9 millionSeptember 30, 1988

Equity to assets0.9%March 31, 1991

Loans not being repaid2.5%noncurrent, March 31, 1991

Return on assets0.10%a year's rate, March 31, 1991

Staff212full time, March 31, 1991

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Also ended in 1991

Bank of New England, National Association · Boston, MA · $13.4 billion in assets
Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
Goldome · Buffalo, NY · $9.9 billion in assets
Great American Fsa · San Diego, CA · $9.5 billion in assets
The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
Sunbelt Savings · Irving, TX · $6.0 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.