The Graveyard › Banks › 1992
Southside National Bank
Nacogdoches, TX · failed March 19, 1992 · FDIC certificate 23633
Southside National Bank of Nacogdoches, TX failed on March 19, 1992. It opened on December 7, 1981, 10 years before. At its last report before that it held $12.0 million in assets and $12.0 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $3.3 million on it.
1984-031991-12
Assets at the end$12.0 millionlast report before March 19, 1992
Deposits at the end$12.0 million
Estimated loss to the fund$3.3 millionBIF
Equity to assets-1.2%December 31, 1991
Loans not being repaid16.3%noncurrent, December 31, 1991
Return on assets-2.28%a year's rate, December 31, 1991
Staff13full time, December 31, 1991
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.