The Graveyard › Banks › 1991
Standard Fs & La
Columbia, SC · failed August 2, 1991 · FDIC certificate 27618
Standard Fs & La of Columbia, SC failed on August 2, 1991. It opened in 1908, 83 years before. At its last report before that it held $319.7 million in assets and $280.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $464.9 million. The FDIC estimates that the Resolution Trust Corporation lost $2.7 million on it.
1984-031991-06
Assets at the end$319.7 millionlast report before August 2, 1991
Deposits at the end$280.7 million
Estimated loss to the fund$2.7 millionRTC
Largest in the quarterly reports$464.9 millionDecember 31, 1984
Equity to assets0.8%June 30, 1991
Loans not being repaid2.4%noncurrent, June 30, 1991
Return on assets-0.59%a year's rate, June 30, 1991
Staff152full 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.