The Graveyard › Banks › 1990
Sentinel Fs & La
Phoenix, AZ · failed February 2, 1990 · FDIC certificate 32261
Sentinel Fs & La of Phoenix, AZ failed on February 2, 1990. It opened on December 31, 1984, 5 years before. At its last report before that it held $174.9 million in assets and $170.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $190.0 million. The FDIC estimates that the Resolution Trust Corporation lost $39.3 million on it.
1985-031989-12
Assets at the end$174.9 millionlast report before February 2, 1990
Deposits at the end$170.6 million
Estimated loss to the fund$39.3 millionRTC
Largest in the quarterly reports$190.0 millionJune 30, 1989
Equity to assets-1.0%December 31, 1989
Loans not being repaid20.6%noncurrent, December 31, 1989
Return on assets-6.78%a year's rate, December 31, 1989
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.