The Graveyard › Banks › 1987
Tri-County S&LA
Camden · failed November 13, 1987 · FDIC certificate 31155
Tri-County S&LA of Camden failed on November 13, 1987. It opened in 1923, 64 years before. At its last report before that it held $36.5 million in assets and $46.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $101.7 million. The FDIC estimates that the FSLIC's fund lost $18.9 million on it.
1984-031987-09
Assets at the end$36.5 millionlast report before November 13, 1987
Deposits at the end$46.2 million
Estimated loss to the fund$18.9 millionFSLIC
Largest in the quarterly reports$101.7 millionDecember 31, 1985
Equity to assets-55.3%September 30, 1987
Loans not being repaid48.8%noncurrent, September 30, 1987
Return on assets-44.00%a year's rate, September 30, 1987
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million 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.