The Graveyard › Banks › 1991

The Douglass Bank

Kansas City · assisted December 4, 1991 · FDIC certificate 24660

The Douglass Bank of Kansas City was given assistance by the FDIC on December 4, 1991. The FDIC's list records an assistance transaction, not a closing. It opened on September 3, 1983, 8 years before. At its last report before that it held $31.9 million in assets and $30.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $45.2 million. The FDIC estimates that the Bank Insurance Fund lost $880,547 on it.

1984-031991-09

Assets at the end$31.9 millionlast report before December 4, 1991

Deposits at the end$30.2 million

Estimated loss to the fund$880,547BIF

Largest in the quarterly reports$45.2 millionJune 30, 1989

Equity to assets1.4%September 30, 1991

Loans not being repaid3.2%noncurrent, September 30, 1991

Return on assets-2.44%a year's rate, September 30, 1991

Staff21full time, September 30, 1991

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Also ended in 1991

Bank of New England, National Association · Boston, MA · $13.4 billion in assets
Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
Goldome · Buffalo, NY · $9.9 billion in assets
Great American Fsa · San Diego, CA · $9.5 billion in assets
The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
Sunbelt Savings · Irving, TX · $6.0 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.