The Graveyard › Banks › 1990
Western Bank
Duncanville, TX · failed November 15, 1990 · FDIC certificate 21518
Western Bank of Duncanville, TX failed on November 15, 1990. It opened on April 8, 1974, 16 years before. At its last report before that it held $39.8 million in assets and $39.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $54.3 million. The FDIC estimates that the Bank Insurance Fund lost $5.9 million on it.
1984-031990-09
Assets at the end$39.8 millionlast report before November 15, 1990
Deposits at the end$39.6 million
Estimated loss to the fund$5.9 millionBIF
Largest in the quarterly reports$54.3 millionJune 30, 1986
Equity to assets0.1%September 30, 1990
Loans not being repaid16.4%noncurrent, September 30, 1990
Return on assets-0.40%a year's rate, September 30, 1990
Staff31full time, September 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.