The Graveyard › Banks › 1990
Texarkana Fs & La
Texarcana, AR · failed December 7, 1990 · FDIC certificate 27700
Texarkana Fs & La of Texarcana, AR failed on December 7, 1990. It opened in 1905, 85 years before. At its last report before that it held $40.4 million in assets and $43.2 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $56.3 million. The FDIC estimates that the Resolution Trust Corporation lost $11.2 million on it.
1984-031990-09
Assets at the end$40.4 millionlast report before December 7, 1990
Deposits at the end$43.2 million
Estimated loss to the fund$11.2 millionRTC
Largest in the quarterly reports$56.3 millionMarch 31, 1985
Equity to assets-8.0%September 30, 1990
Loans not being repaid7.8%noncurrent, September 30, 1990
Return on assets-12.52%a year's rate, September 30, 1990
Staff13full time, September 30, 1990
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.