The Graveyard › Banks › 1990
State Fs & La
Tulsa, OK · failed February 16, 1990 · FDIC certificate 28247
State Fs & La of Tulsa, OK failed on February 16, 1990. It opened in 1917, 73 years before. At its last report before that it held $526.3 million in assets and $358.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $600.1 million. The FDIC estimates that the Resolution Trust Corporation lost $82.6 million on it.
1984-031989-12
Assets at the end$526.3 millionlast report before February 16, 1990
Deposits at the end$358.3 million
Estimated loss to the fund$82.6 millionRTC
Largest in the quarterly reports$600.1 millionSeptember 30, 1988
Equity to assets0.8%December 31, 1989
Loans not being repaid7.5%noncurrent, December 31, 1989
Return on assets-5.24%a year's rate, December 31, 1989
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.