The Graveyard › Banks › 1991
Western Fs & La
Clenview, IL · failed November 22, 1991 · FDIC certificate 28446
Western Fs & La of Clenview, IL failed on November 22, 1991. It opened in 1926, 65 years before. At its last report before that it held $33.2 million in assets and $26.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $106.3 million. The FDIC estimates that the Resolution Trust Corporation lost $1.8 million on it.
1984-031991-09
Assets at the end$33.2 millionlast report before November 22, 1991
Deposits at the end$26.4 million
Estimated loss to the fund$1.8 millionRTC
Largest in the quarterly reports$106.3 millionJune 30, 1988
Equity to assets-0.0%September 30, 1991
Loans not being repaid19.1%noncurrent, September 30, 1991
Return on assets1.60%a year's rate, September 30, 1991
Staff24full time, September 30, 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.