The Graveyard › Banks › 1988
River City Bank
Castle Hills, TX · failed September 15, 1988 · FDIC certificate 25251
River City Bank of Castle Hills, TX failed on September 15, 1988. It opened on June 29, 1984, 4 years before. At its last report before that it held $15.1 million in assets and $17.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $25.0 million. The FDIC estimates that the FDIC's insurance fund lost $7.4 million on it.
1984-061988-06
Assets at the end$15.1 millionlast report before September 15, 1988
Deposits at the end$17.7 million
Estimated loss to the fund$7.4 millionFDIC
Largest in the quarterly reports$25.0 millionJune 30, 1986
Equity to assets-18.7%June 30, 1988
Loans not being repaid14.3%noncurrent, June 30, 1988
Return on assets-45.04%a year's rate, June 30, 1988
Staff11full time, June 30, 1988
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion 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.