The Graveyard › Banks › 1990
San Jacinto Savings
Houston, TX · failed November 30, 1990 · FDIC certificate 31058
San Jacinto Savings of Houston, TX failed on November 30, 1990. It opened on October 1, 1958, 32 years before. At its last report before that it held $2.9 billion in assets and $2.9 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $4.0 billion. The FDIC estimates that the Resolution Trust Corporation lost $1.7 billion on it.
1984-031990-09
Assets at the end$2.9 billionlast report before November 30, 1990
Deposits at the end$2.9 billion
Estimated loss to the fund$1.7 billionRTC
Largest in the quarterly reports$4.0 billionJune 30, 1988
Equity to assets-17.1%September 30, 1990
Loans not being repaid23.8%noncurrent, September 30, 1990
Return on assets-7.85%a year's rate, September 30, 1990
Staff355full time, September 30, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.