The Graveyard › Banks › 1990
United Peoples Bank
Lampasas, TX · failed October 11, 1990 · FDIC certificate 26225
United Peoples Bank of Lampasas, TX failed on October 11, 1990. It opened on April 18, 1985, 5 years before. At its last report before that it held $32.7 million in assets and $32.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $46.0 million. The FDIC estimates that the Bank Insurance Fund lost $6.5 million on it.
1985-061990-06
Assets at the end$32.7 millionlast report before October 11, 1990
Deposits at the end$32.8 million
Estimated loss to the fund$6.5 millionBIF
Largest in the quarterly reports$46.0 millionMarch 31, 1988
Equity to assets-1.0%June 30, 1990
Loans not being repaid14.0%noncurrent, June 30, 1990
Return on assets-5.57%a year's rate, June 30, 1990
Staff17full time, June 30, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.