The Graveyard › Banks › 1990
Texas National Bank
El Paso, TX · failed June 7, 1990 · FDIC certificate 24724
Texas National Bank of El Paso, TX failed on June 7, 1990. It opened on October 3, 1983, 6 years before. At its last report before that it held $131.8 million in assets and $131.7 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $188.4 million. The FDIC estimates that the Bank Insurance Fund lost $6.3 million on it.
1984-031990-03
Assets at the end$131.8 millionlast report before June 7, 1990
Deposits at the end$131.7 million
Estimated loss to the fund$6.3 millionBIF
Largest in the quarterly reports$188.4 millionMarch 31, 1989
Equity to assets-0.8%March 31, 1990
Loans not being repaid16.3%noncurrent, March 31, 1990
Return on assets-7.61%a year's rate, March 31, 1990
Staff78full time, March 31, 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.
