The Graveyard › Banks › 1990
Texasbanc Savings
Conroe, TX · failed February 23, 1990 · FDIC certificate 31660
Texasbanc Savings of Conroe, TX failed on February 23, 1990. It opened in 1972, 18 years before. At its last report before that it held $248.8 million in assets and $385.7 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $380.8 million. The FDIC estimates that the Resolution Trust Corporation lost $325.9 million on it.
1984-031989-12
Assets at the end$248.8 millionlast report before February 23, 1990
Deposits at the end$385.7 million
Estimated loss to the fund$325.9 millionRTC
Largest in the quarterly reports$380.8 millionSeptember 30, 1989
Equity to assets-59.2%December 31, 1989
Loans not being repaid20.8%noncurrent, December 31, 1989
Return on assets-43.45%a year's rate, December 31, 1989
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.