The Graveyard › Banks › 1991
Sentry Fsa
Norfolk, VA · failed May 3, 1991 · FDIC certificate 30413
Sentry Fsa of Norfolk, VA failed on May 3, 1991. It opened in 1913, 78 years before. At its last report before that it held $50.3 million in assets and $47.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1990, it held $54.3 million. The FDIC estimates that the Resolution Trust Corporation lost $12.3 million on it.
1984-031991-03
Assets at the end$50.3 millionlast report before May 3, 1991
Deposits at the end$47.2 million
Estimated loss to the fund$12.3 millionRTC
Largest in the quarterly reports$54.3 millionSeptember 30, 1990
Equity to assets1.8%March 31, 1991
Loans not being repaid12.2%noncurrent, March 31, 1991
Return on assets-0.11%a year's rate, March 31, 1991
Staff16full time, March 31, 1991
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.