The Graveyard › Banks › 1989
Silver Savings Association
Silver City, NM · failed December 21, 1989 · FDIC certificate 31911
Silver Savings Association of Silver City, NM failed on December 21, 1989. It opened in 1975, 14 years before. At its last report before that it held $32.2 million in assets and $27.7 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $7.3 million on it.
1984-031989-09
Assets at the end$32.2 millionlast report before December 21, 1989
Deposits at the end$27.7 million
Estimated loss to the fund$7.3 millionRTC
Largest in the quarterly reports$32.4 millionJune 30, 1989
Equity to assets1.0%September 30, 1989
Loans not being repaid10.3%noncurrent, September 30, 1989
Return on assets-1.65%a year's rate, September 30, 1989
On the FDIC's list: SILVER SAVINGS ASSOC..
Take today's blind testAlso ended in 1989
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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.