The Graveyard › Banks › 1991
United Fs & La
Smyrna, GA · failed May 31, 1991 · FDIC certificate 31274
United Fs & La of Smyrna, GA failed on May 31, 1991. It opened on August 1, 1961, 29 years before. At its last report before that it held $119.3 million in assets and $106.0 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $166.9 million. The FDIC estimates that the Resolution Trust Corporation lost $11.0 million on it.
1984-031991-03
Assets at the end$119.3 millionlast report before May 31, 1991
Deposits at the end$106.0 million
Estimated loss to the fund$11.0 millionRTC
Largest in the quarterly reports$166.9 millionJune 30, 1989
Equity to assets1.2%March 31, 1991
Loans not being repaid2.8%noncurrent, March 31, 1991
Return on assets-0.66%a year's rate, March 31, 1991
Staff69full 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.