The Graveyard › Banks › 1991

United Citizens Bank, National Association

College Station, TX · failed February 28, 1991 · FDIC certificate 17806

United Citizens Bank, National Association of College Station, TX failed on February 28, 1991. It opened on September 6, 1957, 33 years before. At its last report before that it held $44.9 million in assets and $47.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1987, it held $70.8 million. The FDIC estimates that the Bank Insurance Fund lost $9.8 million on it.

1984-031990-12

Assets at the end$44.9 millionlast report before February 28, 1991

Deposits at the end$47.2 million

Estimated loss to the fund$9.8 millionBIF

Largest in the quarterly reports$70.8 millionSeptember 30, 1987

Equity to assets-6.5%December 31, 1990

Loans not being repaid8.6%noncurrent, December 31, 1990

Return on assets-7.95%a year's rate, December 31, 1990

Staff48full time, December 31, 1990

On the FDIC's list: UNITED CITIZENS BANK, NATIONAL ASSOC.

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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.