The Graveyard › Banks › 1990
Western National Bank
Fort Worth, TX · failed September 13, 1990 · FDIC certificate 24295
Western National Bank of Fort Worth, TX failed on September 13, 1990. It opened on January 3, 1983, 7 years before. At its last report before that it held $34.0 million in assets and $35.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $42.3 million. The FDIC estimates that the Bank Insurance Fund lost $8.8 million on it.
1984-031990-06
Assets at the end$34.0 millionlast report before September 13, 1990
Deposits at the end$35.2 million
Estimated loss to the fund$8.8 millionBIF
Largest in the quarterly reports$42.3 millionSeptember 30, 1988
Equity to assets-4.4%June 30, 1990
Loans not being repaid3.7%noncurrent, June 30, 1990
Return on assets-14.89%a year's rate, June 30, 1990
Staff23full 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.