The Graveyard › Banks › 1990
Vermont SA
Timonium, MD · failed February 9, 1990 · FDIC certificate 29840
Vermont SA of Timonium, MD failed on February 9, 1990. It opened on March 13, 1939, 50 years before. At its last report before that it held $334.9 million in assets and $254.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1987, it held $370.9 million. The FDIC estimates that the Resolution Trust Corporation lost $41.9 million on it.
1984-031989-12
Assets at the end$334.9 millionlast report before February 9, 1990
Deposits at the end$254.3 million
Estimated loss to the fund$41.9 millionRTC
Largest in the quarterly reports$370.9 millionSeptember 30, 1987
Equity to assets-5.3%December 31, 1989
Loans not being repaid1.1%noncurrent, December 31, 1989
Return on assets-2.11%a year's rate, December 31, 1989
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.