The Graveyard › Banks › 1988
Security Fs&La
Pampa · assisted October 14, 1988 · FDIC certificate 27701
Security Fs&La of Pampa was given assistance by the FSLIC on October 14, 1988. The FDIC's list records an assistance transaction, not a closing. It opened in 1928, 60 years before. At its last report before that it held $396.0 million in assets and $289.9 million in deposits. The FDIC estimates that the FSLIC's fund lost $141.6 million on it.
1984-031988-09
Assets at the end$396.0 millionlast report before October 14, 1988
Deposits at the end$289.9 million
Estimated loss to the fund$141.6 millionFSLIC
Largest in the quarterly reports$396.0 millionSeptember 30, 1988
Equity to assets-10.7%September 30, 1988
Loans not being repaid1.5%noncurrent, September 30, 1988
Return on assets-5.22%a year's rate, September 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.