The Graveyard › Banks › 1989

Shawnee Fed. S & L Association

Topeka · failed March 2, 1989 · FDIC certificate 28850

Shawnee Fed. S & L Association of Topeka failed on March 2, 1989. It opened in 1885, 104 years before. At its last report before that it held $221.1 million in assets and $196.6 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $254.2 million. The FDIC estimates that the Resolution Trust Corporation lost $6,357 on it.

1984-031988-12

Assets at the end$221.1 millionlast report before March 2, 1989

Deposits at the end$196.6 million

Estimated loss to the fund$6,357RTC

Largest in the quarterly reports$254.2 millionDecember 31, 1985

Equity to assets-4.7%December 31, 1988

Loans not being repaid3.0%noncurrent, December 31, 1988

Return on assets-4.26%a year's rate, December 31, 1988

On the FDIC's list: SHAWNEE FED. S & L ASSOC..

Take today's blind test

Also ended in 1989

Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
City Savings, FSB · Somerset, NJ · $9.8 billion in assets
MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
University Federal Savings · Houston, TX · $4.5 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.