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| A Reagan- Bush Legacy | |||||
| S&L Bailout Costs--RTC--1989-1995 | |||||
| Where Bailout Costs Greater than | |||||
| 50 MILLION (283 S&Ls) | |||||
| Data from FDIC list of February 5, 1999 provided per an FOIA request. | |||||
| Bailout out Cost are in Thousands of Dollars, Thus $2,590,456 = $2,590,456,000 | |||||
| Total Bailout Costs (All S&Ls) By year, 1980-1995 | |||||
| 1989: $ 5,853,123,000 | |||||
| 1990: $34,688,627,000 | |||||
| 1991: $31,254,558,000 | |||||
| 1992: $ 6,438,240,000 | |||||
| 1993: $ 1,507,772,000 | |||||
| 1994: $ 6,418,670,000 | |||||
| 1995: $ 257,641,000 | |||||
| Total -1989-1995 $ 86,418,631,000 | |||||
| Total-1985-1988: $ 69,373,584,000 | |||||
| Total-1985-1995: $155,792,215,000 | |||||
| Name | City | St. | Re-solved | Failed | Bailout (x1,000) |
| Lincoln Savings | Irvine | CA | 910308 | 890414 | $ 2,590,456 |
| University FSA | Houston | TX | 891013 | 890214 | $ 2,510,212 |
| Western S&LA | Phoenix | AZ | 900531 | 890614 | $ 2,246,986 |
| City FSB | Somerset | NJ | 910111 | 891208 | $ 1,875,398 |
| San Jancinto SA | Houston | TX | 910907 | 901130 | $ 1,751,543 |
| Empire FSB | Buffalo | NY | 900928 | 900124 | $ 1,567,748 |
| Oak Tree FSB | New Orleans | LA | 940826 | 911013 | $ 1,560,420 |
| Bright Banc Savings Association | Dallas | TX | 900202 | 890210 | $ 1,498,107 |
| Commonwealth FSA | Houston | TX | 910621 | 890309 | $ 1,467,799 |
| Gill Savings Association | San Antonio | TX | 900615 | 890207 | $ 1,383,845 |
| Great America FSA | San Diego | CA | 940513 | 910809 | $ 1,254,908 |
| Centrust Bank | Miami | FL | 900629 | 900202 | $ 1,210,532 |
| HomeFed Bank, FA | San Diego | CA | 931203 | 920706 | $ 1,142,381 |
| Atlantic Financial Savings | Bala Cynwyd | PA | 911115 | 900111 | $ 1,137,573 |
| San Antonio Savings Assoc. | San Antonio | TX | 900309 | 890302 | $ 1,077,276 |
| Merabank FSB | Phoenix | AZ | 900928 | 900131 | $ 996,281 |
| Sandia FSA | Albuquerque | NM | 910301 | 890210 | $ 929,768 |
| Benjamin Franklin FSA | Houston | TX | 910906 | 890309 | $ 927,963 |
| Hill Financial SA | Red Hill | PA | 891013 | 890309 | $ 925,569 |
| Midwest SA | Minneapolis | MN | 901005 | 890213 | $ 850,077 |
| First Savings of Arkansas | Little Rock | AR | 910726 | 890210 | $ 819,687 |
| Security S&LA | Scottsdale | AZ | 910315 | 890217 | $ 812,696 |
| Southwest S&LA | Phoenix | AZ | 910719 | 890217 | $ 802,066 |
| Peoples Heritage | Salina | KS | 900112 | 890810 | $ 781,693 |
| Victoria SA, FSA | San Antonio | TX | 911025 | 890629 | $ 707,595 |
| AmeriFirst FSB | Miami | FL | 920320 | 910315 | $ 705,860 |
| Gibraltar Savings | Simi Valley | CA | 900629 | 890331 | $ 687,265 |
| Imperial FSA | San Diego | CA | 910419 | 900223 | $ 683,454 |
| Ensign Federal Savings Bank | New York | NY | 910719 | 900831 | $ 665,817 |
| Bexar Savings Association | San Antonio | TX | 900615 | 890302 | $ 663,706 |
| BancPlus Federal Savings Assoc | Pasadena | TX | 910920 | 890309 | $ 658,687 |
| Continental Savings FS&LA | Bellaire | TX | 910816 | 890309 | $ 657,163 |
| Savers Savings Association | Little Rock | AR | 910920 | 890210 | $ 644,138 |
| Far West S&LA | Newport Beach | CA | 920320 | 910111 | $ 623,463 |
| Commerce Federal Savings | San Antonio | TX | 910712 | 890228 | $ 615,203 |
| Perpetual FSB | Vienna | VA | 920110 | 920110 | $ 594,505 |
| Alamo Federal Savings of Texas | San Antonio | TX | 910503 | 890302 | $ 568,567 |
| Home Owners SB | Burlington | MA | 900427 | 900427 | $ 561,593 |
| Southwest Federal Savings | Dallas | TX | 910726 | 900518 | $ 525,681 |
| Investors FSB | Richmond | VA | 920710 | 911213 | $ 507,357 |
| American Pioneer FSB | Orlando | FL | 910920 | 900525 | $ 491,974 |
| American Savings of Colorado | Colorado Springs | CO | 900518 | 890406 | $ 491,411 |
| ABQ Federal Savings Bank | Albuquerque | NM | 910301 | 900209 | $ 485,863 |
| Florida FSB | St. Petersburg | FL | 910802 | 901109 | $ 477,431 |
| Sun State S&LA | Phoenix | AZ | 901130 | 890614 | $ 476,814 |
| First South FSA | Houston | TX | 910712 | 890315 | $ 476,097 |
| Home FSA of Kansas City | Kansas City | MO | 920327 | 910315 | $ 472,482 |
| Security FSA | Texarkana | TX | 901207 | 890316 | $ 462,895 |
| Meridian Savings Association | Arlington | TX | 900413 | 890406 | $ 455,771 |
| Columbia S&LA | Beverly Hills | CA | 910913 | 910125 | $ 446,422 |
| Standard FSA | Gaithersburg | MD | 941118 | 921021 | $ 444,280 |
| Murray FS&LA | Dallas | TX | 900608 | 890405 | $ 443,984 |
| Freedom S&LA | Tampa | FL | 891013 | 890207 | $ 436,838 |
| Capitol FS&LA | Aurora | CO | 910712 | 900504 | $ 415,439 |
| Horizon Financial | Southhampton | PA | 900525 | 890608 | $ 400,659 |
| Baltimore Federal | Baltimore | MD | 900420 | 890207 | $ 397,719 |
| Otero Savings | Colorado Springs | CO | 900525 | 890309 | $ 391,982 |
| Community FS&LA | St. Louis | MO | 901214 | 901214 | $ 391,823 |
| Caprock FS&LA | Lubbock | TX | 900921 | 890801 | $ 375,499 |
| Commonwealth FS&LA | Fort Lauderdale | FL | 910308 | 890720 | $ 368,874 |
| Far West FSB | Portland | OR | 940415 | 910523 | $ 364,799 |
| Comfed SB | Lowell | MA | 910913 | 901214 | $ 360,633 |
| Metropolitan Financial FSB | Dallas | TX | 900622 | 890810 | $ 359,604 |
| Pacific Savings Bank | Costa Mesa | CA | 891013 | 890207 | $ 344,013 |
| Western Federal Savings Bank | Marina Del Ray | CA | 940909 | 930604 | $ 337,549 |
| Pelican Homestead SA | Metairie | LA | 920131 | 920131 | $ 335,839 |
| TexasBanc FSB | Conroe | TX | 910802 | 900223 | $ 334,598 |
| Resource Savings Association | Denison | TX | 901116 | 890406 | $ 328,153 |
| Westwood S&LA | Los Angeles | CA | 900824 | 890217 | $ 314,406 |
| Independence FB | Batesville | AR | 900907 | 890217 | $ 306,701 |
| First State FSA | San Antonio | TX | 900504 | 890302 | $ 296,402 |
| Caguas Central FSB | Caguas | PR | 900831 | 900525 | $ 296,383 |
| American Savings FS&LA | Salt Lake City | UT | 900608 | 890217 | $ 296,236 |
| Pioneer FSB | Clearwater | FL | 910301 | 900202 | $ 293,801 |
| Central Federal Savings Bank | Mineola | NY | 920313 | 901207 | $ 281,040 |
| Valley FSA | McAllen | TX | 900629 | 891019 | $ 273,518 |
| Pima FS&LA | Tucson | AZ | 910215 | 900302 | $ 272,004 |
| Spindletop SA | Beaumont | TX | 900601 | 890316 | $ 269,584 |
| First Atlantic FSA | Plainfield | NJ | 910913 | 900223 | $ 268,231 |
| Professional SB | Coral Gables | FL | 920313 | 900727 | $ 267,158 |
| Blue Valley FS&LA | Kansas City | MO | 900615 | 890217 | $ 262,048 |
| Universal FSB | Houston | TX | 900622 | 890309 | $ 254,929 |
| Horizon FS&LA | Metairie | LA | 900518 | 890217 | $ 252,221 |
| Coreast FSB | Richmond | VA | 920306 | 910201 | $ 246,905 |
| TrustBank FSB | Tysons Corners | VA | 920320 | 910125 | $ 246,054 |
| First FS&LA of Pittsburgh | Pittsburgh | PA | 910104 | 910104 | $ 241,290 |
| Bell Federal Savings Bank | Upper Darby | PA | 920320 | 910315 | $ 229,155 |
| Sentry SB, FSB | Hyannis | MA | 910726 | 900921 | $ 228,215 |
| Meritbanc Savings Association | Houston | TX | 900914 | 890316 | $ 226,239 |
| Mercury FS&LA | Huntington Beach | CA | 900921 | 900223 | $ 225,987 |
| Western Gulf S&LA | Bay City | TX | 901108 | 890309 | $ 222,177 |
| American S&LA of Brazoria Ct. | Lake Jackson | TX | 900928 | 890309 | $ 221,518 |
| Skokie FS&LA | Skokie | IL | 900206 | 890316 | $ 218,481 |
| Sooner FSA | Tulsa | OK | 900914 | 891116 | $ 214,224 |
| Continental FS&LA | Oklahoma City | OK | 910809 | 890316 | $ 212,862 |
| First Network FSB | Los Angeles | CA | 900914 | 900420 | $ 209,353 |
| Carteret FSB | Madison | NJ | 950313 | 921204 | $ 207,834 |
| Valley FS&LA | Van Nuys | CA | 920410 | 920410 | $ 204,919 |
| First FS&LA of Colorado Spring | Colorado Springs | CO | 900629 | 890309 | $ 204,387 |
| Royal Palm FS&LA | West Palm Beach | FL | 900608 | 890316 | $ 201,311 |
| Ameriway Savings Association | Houston | TX | 900511 | 890309 | $ 201,181 |
| Broadview FSB | Cleveland | OH | 900518 | 890330 | $ 200,317 |
| First FSB of Annapolis | Annapolis | MD | 910503 | 900601 | $ 197,245 |
| Platte Valley Savings | Gering | NE | 900511 | 890217 | $ 192,858 |
| Country Bank, FSB | Santa Barabara | CA | 920327 | 910327 | $ 192,123 |
| Great Southern FS&LA | Savannah | GA | 900622 | 890622 | $ 190,618 |
| Occidental SB | Omaha | NE | 900622 | 890217 | $ 180,863 |
| Capitol City FSA | Austin | TX | 900914 | 890727 | $ 178,064 |
| State Savings FSB | Jackson Heights | NY | 920327 | 910322 | $ 175,382 |
| Southern FloridaBanc FS&LA | Boca Raton | FL | 891006 | 890217 | $ 174,910 |
| Valley SB | Roswell | NM | 900608 | 890309 | $ 174,168 |
| Sun S&LA | Parker | CO | 900720 | 890309 | $ 173,138 |
| First S&LA | Waco | TX | 900615 | 890713 | $ 171,209 |
| Anchor FS&LA | Kansas City | KS | 900622 | 890217 | $ 169,146 |
| United Federal Savings Bank | Vienna | VA | 910920 | 900731 | $ 164,578 |
| Heritage FSB | Richmond | VA | 910705 | 901019 | $ 160,371 |
| Metrobank FS&LA | Palisades Park | NJ | 920410 | 910628 | $ 157,893 |
| Metropolitan FS&LA | Nashville | TN | 920327 | 910419 | $ 157,147 |
| Flagler FS&LA | Miami | FL | 920327 | 920327 | $ 156,627 |
| Second National FSA | Salisbury | MD | 940916 | 921204 | $ 154,659 |
| Altus Federal Savings Bank | Mobile | AL | 940520 | 910517 | $ 152,508 |
| Home FSB of Worchester | Worchester | MA | 901109 | 900608 | $ 151,656 |
| El Paso FSA | El Paso | TX | 910920 | 900907 | $ 151,022 |
| Hallmark Savings Association | Plano | TX | 900516 | 890727 | $ 149,499 |
| John Hanson FSB | Beltsville | MD | 940610 | 910426 | $ 149,386 |
| Plano S&LA | Plano | TX | 900615 | 890921 | $ 148,623 |
| Duval FSA | Jacksonville | FL | 910816 | 900118 | $ 145,521 |
| North Jersey FSA | Passaic | NJ | 910607 | 890217 | $ 144,911 |
| First FSB of Alaska | Anchorage | AK | 900112 | 890302 | $ 140,269 |
| Guardian Federal Savings Assoc. | Huntington Beach | CA | 940729 | 910621 | $ 138,852 |
| Franklin FSA | Ottawa | KS | 940610 | 900216 | $ 138,402 |
| Hollywood FSB | Hollywood | FL | 940819 | 910222 | $ 136,145 |
| Old Stone FSB | Providence | RI | 940708 | 930129 | $ 134,396 |
| General FSB | Coral Gables | FL | 910111 | 891116 | $ 134,173 |
| Midwest FSB | Minot | ND | 900921 | 900104 | $ 134,058 |
| Fidelity FSA | Port Arthur | TX | 901130 | 890316 | $ 133,667 |
| Fulton FSA | Atlanta | GA | 910726 | 910104 | $ 129,709 |
| Village Savings FSB | Houston | TX | 890922 | 890308 | $ 122,826 |
| Capital-Union FSA | Baton Rouge | LA | 910621 | 900713 | $ 122,481 |
| Louisiana Savings Association | Lake Charles | LA | 910913 | 891214 | $ 120,652 |
| Central Texas S&LA | Waco | TX | 901102 | 890406 | $ 120,513 |
| First FS&LA | Largo | FL | 900608 | 890217 | $ 120,401 |
| GoldDome FSB | St. Petersburg | FL | 940415 | 910531 | $ 119,552 |
| Horizon SB, FSB | Wilmette | IL | 910308 | 900111 | $ 115,798 |
| First Savings of Laredo | Laredo | TX | 900615 | 890914 | $ 114,776 |
| Colonial FSA | Roselle Park | NJ | 910705 | 891109 | $ 112,925 |
| Southwest FSA | Los Angeles | CA | 901116 | 890427 | $ 110,323 |
| Spring Branch S&LA | Houston | TX | 900831 | 890309 | $ 109,227 |
| Brookside FS&LA | Los Angeles | CA | 901116 | 891130 | $ 108,176 |
| Valley Savings FS&LA | Hutchinson | KS | 901109 | 890302 | $ 106,850 |
| La Hacienda Savings | San Antonio | TX | 900504 | 890302 | $ 106,646 |
| First FS&LA | Shreveport | LA | 901207 | 890316 | $ 105,862 |
| Mid-Kansas | Wichita | KS | 910215 | 891019 | $ 105,487 |
| Prospect Park FSB | West Paterson | NJ | 940422 | 910419 | $ 105,382 |
| Peoples Homestead SB | Monroe | LA | 910802 | 891019 | $ 103,081 |
| Acadia S&LA | Crowley | LA | 891006 | 890316 | $ 102,464 |
| Fidelity FSB | Corinth | MS | 900504 | 890406 | $ 101,934 |
| The First FA | Orlando | FL | 911011 | 911011 | $ 100,422 |
| Unifirst Bank for Savings | Jackson | MS | 900615 | 890810 | $ 99,498 |
| State Federal SA | Tulsa | OK | 910816 | 900216 | $ 97,816 |
| Security Federal Savings | Columbia | SC | 910215 | 891130 | $ 96,583 |
| Colony Federal Savings Banks | Monaca | PA | 911011 | 900405 | $ 95,736 |
| First Equity Savings Association | Tomball | TX | 900511 | 890309 | $ 95,237 |
| Concordia FB | Lansing | IL | 900529 | 890217 | $ 95,216 |
| HeritageBanc Savings Assoc. | Duncanville | TX | 900427 | 890406 | $ 93,738 |
| Yorkville Federal Savings Assoc | New York | NY | 910920 | 900921 | $ 93,636 |
| First FS&LA of Hutchinson | Hutchinson | KS | 900420 | 890302 | $ 92,621 |
| Security Homestead FSA | New Orleans | LA | 910524 | 890807 | $ 91,530 |
| First Guaranty FS&LA | Hattiesburg | MS | 910614 | 900104 | $ 90,198 |
| Franch Market Homestead | Metairie | LA | 900914 | 890217 | $ 90,185 |
| South S&LA, FA | Slidell | LA | 910614 | 890807 | $ 89,865 |
| Landmark SB | Hot Springs | AR | 900622 | 890302 | $ 89,583 |
| Jefferson S&LA | Beaumont | TX | 900824 | 890316 | $ 88,879 |
| Atlantic Permanent Federal | Norfolk | VA | 910712 | 891208 | $ 88,598 |
| Valley FS&LA | Grand Junction | CO | 900202 | 890309 | $ 87,974 |
| GermaniaBank, FSB | Alton | IL | 910726 | 900622 | $ 87,971 |
| River City FSB | Baton Rouge | LA | 891006 | 890316 | $ 86,980 |
| Piedmont FSA | Manassas | VA | 940513 | 921009 | $ 86,509 |
| Action FSB | Somers Point | NJ | 911025 | 901115 | $ 86,349 |
| Citizens of Texas S&LA | Baytown | TX | 900810 | 890309 | $ 85,216 |
| First FS&LA | San Antonio | TX | 910104 | 910104 | $ 85,184 |
| Olympic FSA | Berwyn | IL | 920327 | 901214 | $ 84,508 |
| First California Savings | Orange | CA | 890922 | 890406 | $ 84,436 |
| Deseret S&LA | Salt Lake City | UT | 900525 | 890210 | $ 83,056 |
| Jasper FS&LA | Jasper | TX | 910614 | 890316 | $ 82,767 |
| Lincoln S&LA | Miami | FL | 900608 | 890316 | $ 82,440 |
| Homestead FSA | San Francisco | CA | 930917 | 921030 | $ 82,292 |
| First Federal Savings Assoc. | Raleigh | NC | 920306 | 901207 | $ 81,472 |
| Guaranty FS&LA | Birmingham | AL | 90504 | 890217 | $ 81,353 |
| North Carolina S&LA | Charlotte | NC | 900921 | 900302 | $ 81,296 |
| First Capital SA of Texas | Houston | TX | 890922 | 890309 | $ 80,600 |
| Surety Federal Savings Assoc. | El Paso | TX | 910607 | 891019 | $ 80,452 |
| Miami SB | Miami | FL | 900817 | 890316 | $ 80,014 |
| Founders FS&LA | Los Angeles | CA | 910118 | 890406 | $ 79,545 |
| Southeastern Savings Assoc. | Dayton | TX | 901026 | 890309 | $ 79,464 |
| Phenix FS&LA | Phenix City | AL | 900518 | 890309 | $ 79,284 |
| First FS&LA of SE Missouri | Cape Girardeau | MO | 900518 | 890406 | $ 78,940 |
| MountainWest S&LA | Ogden | UT | 900525 | 890217 | $ 78,661 |
| City FS&LA | Birmingham | AL | 900914 | 890330 | $ 78,197 |
| Mission Savings Association | San Antonio | TX | 900504 | 890302 | $ 78,175 |
| Vision Bank Savings Assoc. | Kingsville | TX | 901207 | 890302 | $ 77,696 |
| Delta S&LA | Kenner | LA | 900928 | 890807 | $ 77,443 |
| First Federal Savings Assoc. | Toledo | OH | 910927 | 910201 | $ 77,142 |
| Madison Guaranty S&LA | McCrory | AR | 901130 | 890302 | $ 76,940 |
| Unity S&LA | Beverly Hills | CA | 910802 | 910208 | $ 76,572 |
| Investors FSB | Deerfield Beach | FL | 910607 | 900601 | $ 76,413 |
| Mid-America FS&LA | Columbus | OH | 901215 | 901215 | $ 76,240 |
| East Texas S&LA | Tyler | TX | 900608 | 890221 | $ 75,905 |
| Bedford SA | Bedford | TX | 900420 | 890406 | $ 75,508 |
| Home FS&LA | Moutain Home | AR | 890825 | 890302 | $ 74,908 |
| Missouri SA | Clayton | MO | 909007 | 890629 | $ 74,835 |
| Security FSB | Vineland | NJ | 940617 | 921204 | $ 73,197 |
| Sun Savings Associaion | Kansas City | KS | 900511 | 890217 | $ 71,894 |
| Great Atlantic SB | Manteo | NC | 890915 | 890330 | $ 71,170 |
| Republic Bank for Savings | Jackson | MS | 900629 | 890406 | $ 70,548 |
| Enterprise Savings Bank | Chicago | IL | 901227 | 901227 | $ 70,090 |
| Ambassador FS&LA | Tamarac | FL | 910621 | 900824 | $ 69,975 |
| United FSA of Iowa | Des Moines | IA | 940624 | 910322 | $ 69,695 |
| Columbia Banking FSA | Rochester | NY | 940603 | 920612 | $ 69,499 |
| Yorkridge-Calvert FSA | Baltimore | MD | 900928 | 891214 | $ 69,447 |
| Nassau S&LA | Brooklyn | NY | 901116 | 900316 | $ 69,085 |
| Gateway FSB | Oakland | CA | 900608 | 890406 | $ 68,003 |
| Nowlin Federal Savings Assoc. | Ft. Worth | TX | 910816 | 900223 | $ 67,395 |
| Excel Banc Savings Assoc. | Laredo | TX | 901214 | 890406 | $ 67,138 |
| First Federal Savings Bank | Wellington | KS | 901214 | 890302 | $ 66,766 |
| Gibraltar Savings FSB | Seattle | WA | 900629 | 890331 | $ 66,473 |
| Heritage FS&LA | Monroe | NC | 900921 | 890330 | $ 66,470 |
| Southwestern FSA | El Paso | TX | 910614 | 891130 | $ 66,004 |
| Clyde FSA | North Riverside | IL | 910531 | 900202 | |