The Graveyard › Banks › 1988

Texas Bank

San Antonio · assisted July 14, 1988 · FDIC certificate 18351

Texas Bank of San Antonio was given assistance by the FDIC on July 14, 1988. The FDIC's list records an assistance transaction, not a closing. It opened on March 15, 1960, 28 years before. At its last report before that it held $57.2 million in assets and $61.5 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $101.9 million. The FDIC estimates that the FDIC's insurance fund lost $11.2 million on it.

1984-031988-06

Assets at the end$57.2 millionlast report before July 14, 1988

Deposits at the end$61.5 million

Estimated loss to the fund$11.2 millionFDIC

Largest in the quarterly reports$101.9 millionJune 30, 1985

Equity to assets-10.3%June 30, 1988

Loans not being repaid13.3%noncurrent, June 30, 1988

Return on assets-5.03%a year's rate, June 30, 1988

Staff69full time, June 30, 1988

Take today's blind test

Also ended in 1988

American S&LA · Stockton · $30.2 billion in assets · assisted
First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
Gibraltar SA · Houston · $6.5 billion in assets · assisted
United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
First Texas Savings Association · Dallas · $3.1 billion in assets · assisted

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.