The Graveyard › Banks › 1990
Security National Bank
Austin, TX · failed August 30, 1990 · FDIC certificate 24293
Security National Bank of Austin, TX failed on August 30, 1990. It opened on January 3, 1983, 7 years before. At its last report before that it held $15.1 million in assets and $15.8 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $35.6 million. The FDIC estimates that the Bank Insurance Fund lost $2.2 million on it.
1984-031990-06
Assets at the end$15.1 millionlast report before August 30, 1990
Deposits at the end$15.8 million
Estimated loss to the fund$2.2 millionBIF
Largest in the quarterly reports$35.6 millionDecember 31, 1984
Equity to assets-5.3%June 30, 1990
Loans not being repaid16.9%noncurrent, June 30, 1990
Return on assets-4.54%a year's rate, June 30, 1990
Staff10full time, June 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.