The Graveyard › Banks › 1987
Universal SA, FA
Chickasha, OK · failed February 13, 1987 · FDIC certificate 31913
Universal SA, FA of Chickasha, OK failed on February 13, 1987. It opened on December 22, 1977, 9 years before. At its last report before that it held $104.6 million in assets and $88.0 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $150.9 million. The FDIC estimates that the FSLIC's fund lost $40.4 million on it.
1984-031986-12
Assets at the end$104.6 millionlast report before February 13, 1987
Deposits at the end$88.0 million
Estimated loss to the fund$40.4 millionFSLIC
Largest in the quarterly reports$150.9 millionDecember 31, 1984
Equity to assets-10.1%December 31, 1986
Loans not being repaid13.2%noncurrent, December 31, 1986
Return on assets-7.43%a year's rate, December 31, 1986
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.