The Graveyard › Banks › 1991
Southeast Bank of West Florida
Pensacola, FL · failed September 19, 1991 · FDIC certificate 16944
Southeast Bank of West Florida of Pensacola, FL failed on September 19, 1991. It opened on October 19, 1950, 40 years before. At its last report before that it held $97.3 million in assets and $88.2 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $111.6 million. The FDIC's list records no loss to the Bank Insurance Fund.
1984-031991-06
Assets at the end$97.3 millionlast report before September 19, 1991
Deposits at the end$88.2 million
Estimated loss to the fundnone recordedBIF
Largest in the quarterly reports$111.6 millionMarch 31, 1986
Equity to assets8.9%June 30, 1991
Loans not being repaid10.0%noncurrent, June 30, 1991
Return on assets-1.45%a year's rate, June 30, 1991
Staff48full time, June 30, 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.