The Graveyard › Banks › 1990

Texas Commercial SA

Sulphur Springs, TX · failed September 21, 1990 · FDIC certificate 32274

Texas Commercial SA of Sulphur Springs, TX failed on September 21, 1990. It opened on February 21, 1985, 5 years before. At its last report before that it held $27.7 million in assets and $26.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $37.6 million. The FDIC estimates that the Resolution Trust Corporation lost $7.0 million on it.

1985-031990-06

Assets at the end$27.7 millionlast report before September 21, 1990

Deposits at the end$26.8 million

Estimated loss to the fund$7.0 millionRTC

Largest in the quarterly reports$37.6 millionMarch 31, 1989

Equity to assets0.5%June 30, 1990

Loans not being repaid5.8%noncurrent, June 30, 1990

Return on assets-0.92%a year's rate, June 30, 1990

Staff11full time, June 30, 1990

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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.