The Graveyard › Banks › 1989

Terrebonne S & L Association

Houma, LA · failed August 7, 1989 · FDIC certificate 31396

Terrebonne S & L Association of Houma, LA failed on August 7, 1989. It opened in 1963, 26 years before. At its last report before that it held $26.6 million in assets and $23.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $47.8 million. The FDIC estimates that the Resolution Trust Corporation lost $7.0 million on it.

1984-031989-06

Assets at the end$26.6 millionlast report before August 7, 1989

Deposits at the end$23.9 million

Estimated loss to the fund$7.0 millionRTC

Largest in the quarterly reports$47.8 millionMarch 31, 1985

Equity to assets-12.1%June 30, 1989

Loans not being repaid10.6%noncurrent, June 30, 1989

Return on assets-1.19%a year's rate, June 30, 1989

On the FDIC's list: TERREBONNE S & L ASSOC..

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Also ended in 1989

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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.