The Graveyard › Banks › 1990
Signature Bank, National Association
Dallas, TX · failed April 26, 1990 · FDIC certificate 24666
Signature Bank, National Association of Dallas, TX failed on April 26, 1990. It opened on August 22, 1983, 6 years before. At its last report before that it held $26.8 million in assets and $27.4 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $34.1 million. The FDIC estimates that the Bank Insurance Fund lost $1.6 million on it.
1984-031989-12
Assets at the end$26.8 millionlast report before April 26, 1990
Deposits at the end$27.4 million
Estimated loss to the fund$1.6 millionBIF
Largest in the quarterly reports$34.1 millionDecember 31, 1988
Equity to assets-2.7%December 31, 1989
Loans not being repaid8.2%noncurrent, December 31, 1989
Return on assets-3.17%a year's rate, December 31, 1989
Staff15full time, 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.