The Graveyard › Banks › 1988
The Sylvia State Bank
Sylvia, KS · failed September 8, 1988 · FDIC certificate 16582
The Sylvia State Bank of Sylvia, KS failed on September 8, 1988. It opened on June 6, 1947, 41 years before. At its last report before that it held $5.9 million in assets and $5.3 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $1.5 million on it.
1984-031988-06
Assets at the end$5.9 millionlast report before September 8, 1988
Deposits at the end$5.3 million
Estimated loss to the fund$1.5 millionFDIC
Largest in the quarterly reports$5.9 millionJune 30, 1988
Equity to assets8.7%June 30, 1988
Loans not being repaid2.4%noncurrent, June 30, 1988
Return on assets1.20%a year's rate, June 30, 1988
Staff6full time, June 30, 1988
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion in assets · assisted
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.