The Graveyard › Banks › 1991
United Fs & La
Jonesboro, AR · failed June 28, 1991 · FDIC certificate 28786
United Fs & La of Jonesboro, AR failed on June 28, 1991. It opened in 1933, 58 years before. At its last report before that it held $142.5 million in assets and $136.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1987, it held $171.3 million. The FDIC estimates that the Resolution Trust Corporation lost $16.3 million on it.
1984-031991-03
Assets at the end$142.5 millionlast report before June 28, 1991
Deposits at the end$136.7 million
Estimated loss to the fund$16.3 millionRTC
Largest in the quarterly reports$171.3 millionDecember 31, 1987
Equity to assets1.3%March 31, 1991
Loans not being repaid3.5%noncurrent, March 31, 1991
Return on assets-0.31%a year's rate, March 31, 1991
Staff80full time, March 31, 1991
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.