The Graveyard › Banks › 1991
Republic SB, FSB
Rockville, MD · failed March 22, 1991 · FDIC certificate 32563
Republic SB, FSB of Rockville, MD failed on March 22, 1991. It opened on March 7, 1987, 4 years before. At its last report before that it held $26.4 million in assets and $26.5 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $33.6 million. The FDIC estimates that the Resolution Trust Corporation lost $8.4 million on it.
1988-031990-12
Assets at the end$26.4 millionlast report before March 22, 1991
Deposits at the end$26.5 million
Estimated loss to the fund$8.4 millionRTC
Largest in the quarterly reports$33.6 millionDecember 31, 1989
Equity to assets-6.6%December 31, 1990
Loans not being repaid9.3%noncurrent, December 31, 1990
Return on assets-7.55%a year's rate, December 31, 1990
Staff9full time, December 31, 1990
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.