The Graveyard › Banks › 1992

The First National Bank of Yorktown

Yorktown, TX · failed September 10, 1992 · FDIC certificate 5596

The First National Bank of Yorktown of Yorktown, TX failed on September 10, 1992. It opened on October 1, 1903, 88 years before. At its last report before that it held $34.4 million in assets and $34.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $50.2 million. The FDIC estimates that the Bank Insurance Fund lost $7.6 million on it.

1984-031992-06

Assets at the end$34.4 millionlast report before September 10, 1992

Deposits at the end$34.5 million

Estimated loss to the fund$7.6 millionBIF

Largest in the quarterly reports$50.2 millionSeptember 30, 1989

Equity to assets-0.6%June 30, 1992

Loans not being repaid33.9%noncurrent, June 30, 1992

Return on assets-4.93%a year's rate, June 30, 1992

Staff21full time, June 30, 1992

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Also ended in 1992

Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
Carteret FSB · Madison, NJ · $4.8 billion in assets
Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
The Howard Savings Bank · Newark, NJ · $3.5 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.