The Graveyard › Banks › 1986
Western S&LA
Dallas, TX · failed September 12, 1986 · FDIC certificate 30438
Western S&LA of Dallas, TX failed on September 12, 1986. It opened on December 30, 1949, 36 years before. At its last report before that it held $2.0 billion in assets and $1.8 billion in deposits. The FDIC estimates that the FSLIC's fund lost $2.3 billion on it.
1984-031986-06
Assets at the end$2.0 billionlast report before September 12, 1986
Deposits at the end$1.8 billion
Estimated loss to the fund$2.3 billionFSLIC
Largest in the quarterly reports$2.0 billionJune 30, 1986
Equity to assets3.6%June 30, 1986
Loans not being repaid22.8%noncurrent, June 30, 1986
Return on assets1.12%a year's rate, June 30, 1986
Also ended in 1986
- The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
- Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
- National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
- Mainland S&LA · Houston, TX · $1.0 billion in assets
- American Diversified Savings Bank · Costa Mesa · $978.6 million in assets
- St. Louis Fs&La · Clayton · $955.4 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.