1996
(i) Purchase and assumption, insured deposits only; (p) Payoff; (a)
Assistance transaction; (b) Bridge bank; (c) Conservatorship; Note:
Unmarked entries denote purchase and assumption transactions in which
insured and uninsured deposits were taken by the acquiror.
March 11
METROBANK OF PHILADELPHIA N.A., PENNSYLVANIA. Total
assets $43.3 million. Total deposits $39.9 million in 1,800 accounts.
Insured deposits assumed by Jefferson Bank, Haverford, Pennsylvania.
Advanced dividend of 58 percent of the approximately $1.7 million in
uninsured claims. (PR-18-96)
MAY 31
PEOPLES'S BANK AND TRUST, BORGER, TEXAS. Total assets
$25.3 million. Total deposits $24.1 million in 2,600 accounts. Deposits
assumed by Boatmen's First National Bank of Amarillo, Texas. (PR-40-96)
June 14
THE FIRST NATIONAL BANK OF THE PANHANDLE, PANHANDLE,
TEXAS. Total assets of $78.7 million and total deposits of $76.1 million.
Sun Bank, Sunray, Texas, will assume $40 million in 4,900 accounts and The
Plains National Bank of West Texas, Lubbock, Texas, will assume $36.1
million in 2,500 accounts. $752,000 in 102 accounts exceeded the federal
insurance limit and was not assumed by either bank. No advanced dividend
was provided. (PR-43-96)
July 12
FAIRFIELD FIRST BANK & TRUST COMPANY, SOUTHPORT,
CONNECTICUT. Total assets of $60.7 million. Deposits of $57.5 million in
3,800 accounts assumed by Norwalk Savings Society, Norwalk, Connecticut.
(PR-51-96)
August 9 [SAIF]
UNION FEDERAL SAVINGS BANK, FSB, LOS ANGELES,
CALIFORNIA. Total assets of $34.3 million. Deposits of $30.6 million in
1,000 accounts assumed by Dean Witter Trust FSB, Jersey City ,New Jersey.
About $2.1 million in 72 accounts exceeded the insurance limit. No
advanced dividend was provided. (PR-60-96)
August 16
COMMONWEALTH THRIFT AND LOAN, TORRANCE, CALIFORNIA.
Total assets of $13.1 million. Deposits of $10.8 million in about 370
accounts assumed by Frontier State Bank, Redondo Beach, California.
Advance dividend of 45 percent of the approximately $225,000 in uninsured
claims. (PR-65-96)
2008
2007
2006 2005
2004
2003
2002
2001
2000
1999
1998
1997
1995
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1993 1992
1991