The Graveyard › Banks › 1989
Taylorbanc Federal S & L
Taylor, TX · failed August 17, 1989 · FDIC certificate 30486
Taylorbanc Federal S & L of Taylor, TX failed on August 17, 1989. It opened in 1885, 104 years before. At its last report before that it held $139.5 million in assets and $137.4 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $47.6 million on it.
1984-031989-06
Assets at the end$139.5 millionlast report before August 17, 1989
Deposits at the end$137.4 million
Estimated loss to the fund$47.6 millionRTC
Largest in the quarterly reports$139.5 millionJune 30, 1989
Equity to assets-1.8%June 30, 1989
Loans not being repaid2.4%noncurrent, June 30, 1989
Return on assets-6.00%a year's rate, June 30, 1989
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.