The Graveyard › Banks › 1991
Southeast Bank, National Association
Miami, FL · failed September 19, 1991 · FDIC certificate 3575
Southeast Bank, National Association of Miami, FL failed on September 19, 1991. It opened in 1934, 57 years before. At its last report before that it held $11.0 billion in assets and $8.9 billion in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1990, it held $16.7 billion. The FDIC estimates that the Bank Insurance Fund lost $0 on it.
1984-031991-06
Assets at the end$11.0 billionlast report before September 19, 1991
Deposits at the end$8.9 billion
Estimated loss to the fund$0BIF
Largest in the quarterly reports$16.7 billionMarch 31, 1990
Equity to assets3.4%June 30, 1991
Loans not being repaid8.0%noncurrent, June 30, 1991
Return on assets-4.13%a year's rate, June 30, 1991
Staff6,892full time, June 30, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 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
- Columbia Savings and Loan Association · Beverly Hills, CA · $5.4 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.