The Graveyard › Banks › 1991
Sabinal Bank
Sabinal, TX · failed March 21, 1991 · FDIC certificate 11185
Sabinal Bank of Sabinal, TX failed on March 21, 1991. It opened on July 27, 1927, 63 years before. At its last report before that it held $24.8 million in assets and $24.4 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $3.7 million on it.
1984-031990-12
Assets at the end$24.8 millionlast report before March 21, 1991
Deposits at the end$24.4 million
Estimated loss to the fund$3.7 millionBIF
Largest in the quarterly reports$25.9 millionMarch 31, 1990
Equity to assets1.2%December 31, 1990
Loans not being repaid10.7%noncurrent, December 31, 1990
Return on assets-3.97%a year's rate, December 31, 1990
Staff14full 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.