Full text of Statistical Abstract : August 1989/September 1995

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J37C

RESOLUTION TRUST CORPORATION
Resolving The Crisis
Restoring The Confidence

STATISTICAL
A
August 1989/ SepH




Office of Planning,
Research, and Statistics

RFC
RESOLUTION TRUST CORPORATION
Resolving The Crisis
Restoring The Confidence

STATISTICAL ABSTRACT
August 1989 / September 1995

Office of Planning, Research, and Statistics






TABLE OF CONTENTS
Pace

Introduction

1

Table Descriptions

1

Charts

7

Summary Tables

13

Detailed Tables

23

Technical Notes

87




i

TTST OF CHARTS

Chart

Title_________________________________________

Page

Chart 1

Total Number of Institutions Taken Over by RTC, by Year

9

Chart 2

Total Assets at Takeover, by Year of Takeover

9

Chart 3

Conservatorship, Resolution and Receivership Process

10

Chart 4

Total Number of RTC Resolutions, by Year

10

Chart 5

Total Number of RTC Resolutions, by State

11

Chart 6

RTC Book Value Reductions and Asset Recoveries, by Year

11

Chart 7

RTC Book Value Reductions, by Asset Type

12

Chart 8

Assets Under RTC Management

12




ii

LIST OF TABLES

Table

Title

Summary Tables

Table I-S

RTC Caseload, 1989 - September 1995

Table IIA-S

RTC Asset Activity, 1989 - September 1995

Table ULb-S

RTC Asset Sales and Collections by Resolution Phase,
1989 - September 1995

Table HC-S

RTC Asset Sales and Collections, by year and asset type,
1989 - September 1995

Table ni-S

Summary of RTC Resolutions, 1989 - June 1995

Table V-S*

Sources and Uses of Cash, 1989 - September 1995

Table VI-S

Summary Data on RTC Resolutions by State,
1989 - June 1995

Detailed Tables
Table I

RTC Caseload, 1989 - September 1995

Table n

RTC Asset Activity, 1989 - September 1995

Table IQ

RTC Resolutions, 1989 - June 1995

Table IV

Conservatorship Balance Sheet and Income Statement,
1989 - March 1995

Table V

Sources and Uses of Cash, 1989 - September 1995

Table VI

RTC Resolutions, 1989 - June 1995

♦There is no corresponding summary table for Table IV.







RESOLUTION TRUST CORPORATION
STATISTICAL ABSTRACT
AUGUST 1989 - SEPTEMBER 1995
OFFICE OF PLANNING, RESEARCH, AND STATISTICS

Introduction
This statistical abstract presents
Resolution Trust Corporation (RTC)
historical time series data from 1989 through
September 1995, as well as resolution
listings by state and institution. The first
section describes the tables in this report.
The second section contains a series of
charts that summarize RTC activity. The
charts are followed by two sets of tables:
summary tables, most of which provide
annual data, and more detailed tables, most
of which provide quarterly data.
Table Descriptions
Tables I-S and I: RTC Caseload
Tables I-S and I provide information on
the number of institutions and gross assets
held in conservatorship and receivership.
They report the number of new
conservatorships, resolutions and
receivership terminations during each
period, and also similar numbers
cumulatively. Table I-S provides annual
data, and Table I provides quarterly data.
Although the RTC did not begin its
existence until August 9, 1989, the tables
begin in the first quarter 1989. When the
Financial Institutions Reform, Recovery and
Enforcement Act (FIRREA) was proposed
in February 1989, the thrift industry already




had a large number of insolvent institutions
that the Federal Savings and Loan Insurance
Corporation (FSLIC) was unable to resolve
due to lack of funds. To minimize further
losses while Congress considered the
proposed legislation, the Federal Deposit
Insurance Corporation (FDIC) acted as
conservator for the insolvent institutions.
They were declared insolvent and the FDIC
took over operations at each institution. By
the time FIRREA was enacted, the RTC
inherited 262 conservatorships from the
FDIC. In total, the RTC took over 747
institutions with $403 billion in assets at
takeover.
The conservatorship period is the first of
three phases of the RTC resolution process.
Chart 3 summarizes this process. The
second phase of this process is the resolution
itself, when the RTC fulfills the
government’s pledge to protect insured
deposits. At resolution, the institution is
closed and the RTC generally transfers the
deposits to one or more healthy acquiring
institutions through a process of marketing
and competitive bidding.
During the third or receivership phase,
the RTC is responsible for managing and
selling the assets and discharging the
liabilities that remain after resolution. Sales
and collection proceeds and asset income are
used to cover expenses and pay the
remaining creditors; the RTC is by far the
largest creditor.

After most of the assets have been sold
in a receivership, the RTC may choose to
terminate the receivership and make a final
payment to its creditors.
Through
September 30, 1995, the RTC had
terminated 261 receiverships. Dividend
payments to these institutions were 70% of
the original claims.

data by asset type. Tables IIB-S and IIC-S
provide summaries of RTC’s asset
disposition results by year.
Payments and maturities include all types
of principal recoveries other than sales,
including amortization, prepayments,
payments at maturity, asset workout
payments, recoveries from equity
partnerships created through RTC sales
initiatives and recoveries when subsidiaries
are dissolved. They do not include interest
and other earnings on assets.

The number of receiverships shown in
the tables excludes terminated receiverships;
however, receivership assets include the
remaining assets from terminated
receiverships.
When a receivership is
terminated, the entity no longer exists, but
the RTC typically purchases the few
remaining assets at estimated market value.
Thus, the assets remain on the RTC books,
but the terminated receivership does not.

Losses at disposition include all types of
principal losses when the assets are
liquidated, including losses from sales,
writeoffs associated with asset workouts and
subsidiary dissolutions, donations, and assets
with an intrinsic value of zero. These losses
do not include sales expenses or operating
expenses such as asset management fees and
holding costs.

Note that the receivership asset balances
exclude cash and investments available for
the payment of expenses and dividends and
cash held by the RTC or a trustee to satisfy
claims related to securitizations and
representations and warranties.
As of
September 30, 1995, these types of assets
totaled $13.1 billion.

Resolution sales are recorded at book
value. The true sales price for the assets is
unavailable because a single bid is received
for both the assets and liabilities of the
institution at resolution.

Tables IIA-S TTR-S. IIC-S and II: Asset
Activity

The sum of conservatorship, resolution
and receivership sales plus payments and
maturities for conservatorships and
receiverships equals the principal recoveries
from RTC’s asset disposition activities.
These plus the losses at disposition
(conservatorship and receivership) equal the
total book value reduction from asset
disposition.

Tables IIA-S, KB-S, IIC-S and II report
periodic asset balances and RTC liquidation
activities from 1990 through the third
quarter 1995.
Conservatorship and
receivership activity are reported separately.
The tables include gross asset balances at
takeover, changes in assets balances during
conservatorship, resolution, and
receivership, and ending balances.
Activities include: new loans and purchases,
sales, payments and maturities, losses at
disposition, putbacks and repurchases and
asset adjustments. Table QA-S and the first
three pages of Table n report total assets;
the remainder of II provides the quarterly




Under conservatorship activity, the
difference between the final conservatorship
balance sheet and the initial receivership
balance sheet for resolved conservatorships
are recorded as changes at resolution. Other
changes during conservatorship include a
wide variety of asset adjustments, such as
2

foreclosures, reclassifications, corrections,
investments in assets made in preparation
for sale, changes in equity of subsidiaries
(due to operating and nonoperating income
and expenses) and discovered assets.

The three basic types of resolution are
purchase and assumption agreements,
insured deposit transfers, and payouts.
Purchase and assumptions (P&As) are
transactions where deposits, certain other
liabilities, and a portion of the assets are
sold to one or more acquirers. Insured
deposit transfers (IDTs) are transactions
where the acquiring institution serves as
payment agent for the RTC, establishing
accounts on their books for depositors of the
failed institution, and frequently acquiring
some of the failed institution’s assets as
well. In a payout (PO), the RTC directly
pays the depositors and retains all assets.

Quarterly data are not available for 1989
conservatorships; thus, only annual data are
reported. In 1989 and 1990, receiverships
reported data for total mortgage balances
and activity rather than by mortgage type (14 mortgages and other). Similarly, data for
sales and other types of principal collections
in receivership woe also reported in total,
not separately. Thus, data are not available
by mortgage type or by collections activity
until 1991. For the mortgage breakout, a
simple pro-rata estimate was made for 1989
and each quarter of 1990. For the sales and
other principal collections, total activity is
shown under sales, and other principal
collections are shown as "n/a." For both
items, the breakout for 1989 through yearend 1990 was estimated in 1991, and these
estimates are used in the inception-to-date
figures.

Table m provides a further breakout of
P&A transactions: whole-bank transactions,
where all branches are sold to one
institution; Accelerated Resolution Program
(ARP) transactions, which are whole-bank
transactions where the institution is sold
without entering into conservatorship;
branch sales, where the institution is sold to
multiple acquirers; and mixed deals, where
multiple resolution methods were used and
the largest amount of deposits was resolved
as a P&A. IDTs are further broken out into
whole-bank transactions, branch sales, and
mixed deals.

Note that receivership data exclude cash
and investments that are not available for
sale, such as working cash, investments
pledged against letters of credit, and cash set
aside to fund reserves for securitizations,
representations and warranties.

Although the RTC offered to sell many
institutions through more than one resolution
type, only the winning bid resolution type is
recorded.

Tables m-S and TTT: Resolutions

Table IV: Conservatorship Balance Sheet
and Income Statement

Tables m-S and m present selected data
for all institutions resolved by the RTC from
inception through June 1995, when the
RTC’s authority for new takeovers expired.
Table in shows gross assets, liabilities,
deposits, number of deposit accounts,
deposit premiums and estimated cost of
resolution, by type of resolution. Table
m -S shows a more limited amount of data
annually for the three basic types of
resolution and total resolutions.




Table IV provides a quarterly summarylevel balance sheet and income statement for
RTC conservatorships from third quarter
1989 through second quarter 1995. It also
includes loan delinquency rates. There is no
summary table accompanying these data.

3

RTC Legislation Summary
(Dollars in Billions)
Loss
Funds

Legislation
Financial Institutions Reform, Recovery
and Enforcement Act

$50.1

8/9/89

RTC Funding Act of 1991

$30.0

3/23/91

RTC Refinancing, Restructuring
and Improvement Act of 1991

$6.7

12/12/91

RTC Completion Act of 1993

$18.3

12/17/93

Total Funds Authorized

$105.1

Total Funds Provided to RTC

$91.3

Tables V-S and V: Sources and Uses

For each quarter, data are included for
all conservatorships existing at the end of
the quarter.
Because the mix of
conservatorships differs each quarter, the
change in equity capital over time will not
equal net income (loss) from earlier
quarters.
Income and expenses for
institutions resolved during the quarter are
not reported; income and expenses for the
full quarter are included for institutions that
entered the conservatorship program during
the quarter.

These tables provide annual and
quarterly cash flow statements for the RTC.
Sources of cash include Congressional
funding, advances from the Federal
Financing Bank (FFB), and recoveries from
receiverships.
Uses of cash include
resolution funding, conservatorship
advances, FFB interest payments and other
uses. Beginning period and ending period
cash balances are also shown. Both the
periodic cash flows and cumulative cash
flows are reported.
The annual and
quarterly figures represent the amount
expended during the period. The cumulative
figures represent the total expended to date,
or, for borrowings, the outstanding balance.

The income statement is roughly split
into operating income and loss provisions
and accounting adjustments. A few items
that would normally be considered nonoperating are included in operating income
because separate data are not available. The
largest of these are non-operating losses
upstreamed from subsidiaries.




Date of
Enactment

Funds authorized by Congress are used
to fill the gap between RTC outlays at
4

resolution and the RTC’s estimated present
value of net recoveries from the sale of
assets of failed institutions in receivership.
While most of these funds are
appropriations, $30.1 billion was raised by
the Resolution Funding Corporation
(Refcorp) and $1.2 billion was contributed
by the Federal Home Loan Banks.

net cash flows from receiverships, and are
affected by asset collections, income (net of
expenses), and payments to other creditors.
This figure includes funds received from
assets that were originally owned by
receiverships but that were purchased by
RTC in its corporate capacity to assist in
terminating receiverships.

The Resolution Trust Coiporation
Refinancing, Restructuring and Improvement
Act of 1991 provided $25 billion-but only
for resolutions completed by April 1, 1992.
On April 30, 1992, the RTC returned $18.3
billion in loss funds (which had not been
obligated by the April 1, 1992 deadline) to
the Treasury. The RTC Completion Act of
1993 removed the April 1, 1992 deadline
and thus made available the remaining $18.3
billion. The RTC has received $4.6 billion
of the final $18.3 billion, and no additional
funding is expected. Tables V-S and V
exclude $556 million of this $4.6 billion,
because it was not received until October
1995.

Most resolution and receivership funding
is paid at resolution to cover liabilities
assumed by acquirers of deposits and to
fund assets retained by the RTC. Such
funding also includes receivership advances,
which are typically funded during
conservatorship and transferred to the
receivership at resolution. In addition, it
includes funds paid to buyers when they
"put back" assets after purchase in cases
where the receivership’s internal funding
was insufficient.
When institutions are resolved on the last
business day of the month, funding for the
resolution may not occur until the following
month. Thus, for some quarters, the
number of resolutions funded in these tables
may differ slightly from total resolutions in
other tables.

Federal Financing Bank (FFB)
borrowings provide working capital for the
temporary funding of assets retained by the
RTC at resolution. FFB borrowings are
backed by the estimated RTC recoveries
from asset sales.
In addition, FFB
borrowings have been used to replace highcost liabilities and meet liquidity needs of
conservatorships. The quarterly figure for
FFB borrowings shows the net change
during the quarter; the cumulative figure
represents the outstanding balance.

Tables VI-S and VI: Resolved Institutions by
State and bv Institution
These tables provide selected resolutions
data by state. Table VI-S provides data by
state, and Table VI provides data for each
institution resolved by the RTC. Table VI
presents the name, city, state, charter type,
date of takeover, assets and deposits at
takeover, date of resolution, deposits at
resolution, and estimated resolution cost. In
Table VI, the data are sorted by state, and
totals for each state are shown.

Recoveries from receiverships are the
payments on receivership advances (interest
and principal) and the dividend payments
made on RTC claims on receiverships.
Dividend payments are funded through the




5







CHARTS







Total Number of Institutions Taken Over by RTC
By Year
Number of RTC Takeovers
400

318

300
Total: 747 Takeovers

200

100

1989

1990

1991

1992
Year

1993

1994

1995

Chart 1

Total Assets at Takeover
By Year of Takeover
Dollars in Billions

$200

$150

$141.8

Total: $403 Billion

$100

$50

$6.1
$0.1

$0.4

$0
1989

1990

1993
Chart 2

9

1994

1995 YTD




Conservatorship, Resolution, and Receivership Process
Acquirer accepts
deposit liability.
Buys some assets.
Receives RTC cash.

Thrift

S o ld 1

Assets sales
and collections.
Proceeds pay down
high cost liabilities
and help pay
operating expenses.

Them
enters
conservatorship.

Thrift |
Liquidated

RTC pays
Insured depoatore.

Receivership created.
Unsold assets
and unsettled

Asset sales and
Rsceivershlp
terminated.

QQj|0Qj|QQ^ pfQ066d8

pay expenses and
claims by RFC
and others.

claims remain.

Chart 3

Total Number of RTC Resolutions, By Year
Number o f RTC Resolutions
400

315

300

Total: 747 Resolutions

200

100

64
37

27

I
1989

1990

1991

1992
Year

Chart 4

1993

1994

1995




Chart 5

RTC Book Value Reductions and Asset Recoveries
By Year

/

1989

-

" ^
97%

1990

87%

1991

93%

1992

I $105

77%

-

-

1995
YTD
$0

Total Book Value:

$452

;

I $91

1

|— j Cash
*— ' Disposal
Losses at
Disposition

I $64

|

/—

1994

$393

I $111

8S%

1993

Total Recoveries:

■

$42
64%

1

$13 (Recovery » 61%)

$20

$40

$60

$80

$100

$120

$140

$160

Book Value Sales and Collections (Dollars in Billions)
Note: Dollar amounts are not of aflputbacks and principal disbursements recorded to date._______________

Chart 6

$180




RTC Book Value Reductions
By Asset Type
Inception Through September 30,1995
(Dollars in Billions)

Total: $454.8 BOion
Chart 7

12




SUMMARY TABLES

13




TABLE I -S : RTC CASELOAD, 1989 - SEPTEMBER 1995
(Dollars in Billions)

1989
CONSERVATORSHIPS
No. o f conservatorships at beginning o f year
No. o f conservatorships added during year
No. o f conservatorships resolved during year
No. o f conservatorships at end o f year
C onservatorship assets at end o f year

1990

1991

1992

1993

1994

YTD
1995

0
318
37
281
$104.9

281
207
309
179
$87.5

179
123
211
91
$47.3

91
50
60
81
$40.2

81
8
26
63
$23.2

63
0
62
1
$2.1

1
0
1
0
$0.0

R ECEIVERSHIPS
No. o f receiverships at beginning of year
No. o f resolutions (new revs.) during year
No. of receiverships term inated during year
No. of active receiverships at end o f year
Receivership assets at end o f year

0
37
0
37
$7.9

37
315
0
352
$59.3

352
232
0
584
$83.1

584
69
35
618
$64.3

618
27
41
604
$40.7

604
64
79
589
$22.9

589
3
106
486
$12.5

TO TAL CASELO AD
Cumulative no. o f resolutions
Cumulative no. o f receivership term inations
Cumulative no. o f institutions taken over

37
0
318

352
0
531

584
0
675

653
35
734

680
76
743

744
155
745

747
261
747

$19.7
34.1
29.2
7.2
14.7
8.0
$112.8

$28.8
40.0
36.6
115
18.1
12.0
$146.7

$18.4
25.9
43.8
9.0
17.1
16.2
$130.4

$18.3
16.6
32.7
7.2
12.9
16.8
$104.5

$11.5
9.1
17.5
4.5
6.0
15.3
$63.8

$3.4
4.8
6.5
2.1
2.1
6.0
$25.0

$2.1
1.9
2.9
1.1
1.2
3.3
$12.5

A ssets H eld B y RTC A t End O f Y ear:
Cash & Securities
1 - 4 M ortgages
O ther M ortgages
O ther Loans
REO
Other Assets
Total Assets




15

TABLE II A -S : RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Total Assets
(Dollars in M illions)

1989

1990

YTD
1995

Incept to
D a te **

1991

1992

1993

1994

$87,467

$47,318

$40,211

$23,166

$2,067

$0

6,061
17,278

0
4,881

0
516

380,770
77,486

744
368
1

97,884
114,139
7,863
19,180
(3,879)
223,070
$0

CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning o f Period

$0 $104,899

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

141,754
2,128

126,537
21,725

70,930
17,469

35.487
13.488

8,708
13,940
724
4,264
541
10,807
$104,899

26,795
32,538
1,963
11,502
577
92,318
$87,467

26,284
28,991
2.087
2.088
(910)
70,006
$47,318

12,457
21,379
1,017
66
(4,885)
26,048
$40,211

15,660
14,114
1,630
1,241
298
7,442
$23,166

7.235
2.809
440
20
524
14,951
$2,067

$0

$7,945

$59,270

$83,066

$64,335

$40,664

$22,900

$0

10,807
0
52

92,318
3,650
10,133

70,006
8,104
9,292

26,048
9,437
1,908

7,442
44
108

14,951
129
248

1,498
426
233

223,070
21,790
21,973

LESS
Cons. Payments & M aturities
C onservatorship Sales Proceeds
Losses at D isposition
O ther Changes D uring Cons.
Changes at Resolution
Assets of Resolved Conservatorships
C onservatorship Assets at End o f Pd.

(2)
(26)
1,498
$0

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period

ADD
Assets of Resolved Conservatorships
Assets o f Other Resolved Institutions
Asset Putbacks or Repurchases

LESS
Resolution Sales (Gross o f Putbacks)
Receivership Payments & M aturities*
Receivership Sales Proceeds *
Losses at D isposition
O ther Changes
Receivership Assets at End o f Period
Total Assets at End o f Period
M em o
Rec. Rate on Sales and C ollect * * *

2,720
41,128
19,021
6,584
N/A
N/A
12,652
13,536
11,774
243
27,414
25,493
1
1,501
5,399
12,207
373
(880)
(51)
(1.697)
$7,945 $59,270 $83,066 $64,335
$112,844 $146,737 $130,384 $104,546

97.2%

97.0%

93.9%

85.7%

2,733
6,646
10,743
12,942
(1.800)
$40,664
$63,830

77.4%

3,063
6,157
7,884
14,415
1,574
$22,900
$24,967

84
2,437
4,826
5,259
(238)
$12,689
$12,689

75,333
51,557
78,249
51,724
(2,719)
$12,689
$12,689

64.6%

61.7%

86.9%

* Sales proceeds include paym ents & m aturities until 1991, when they are reported separately.
* * For receiverships, quarterly payments & m aturities and sales proceeds do not sum to in c e p tio n -to -d a te because
they are not reported separately until 1991.
* * * Recovery rate fo r in c e p tio n -to -d a te is net of putbacks while annual recovery rates are gross o f putbacks.




16

TABLE II B -S : RTC SALES AND COLLECTIONS BY RESOLUTION PHASE, 1989 - SEPTEMBER 1995
(Dollars in Millions)

CONSERVATORSHIP
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate
RESOLUTION
Sales & Collections
RECEIVERSHIP
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate
TOTAL
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate

YTD
1995

1991

1 99 2

1993

1994

$22,648
724
23,372
96.9%

$59,333
1,963
61,297
96.8%

$55,275
2,087
57,363
96.4%

$33,836
1,017
34,853
97.1%

$29,774
1,630
31,404
94.8%

$10,044
440
10,484
95.8%

$1,112
1
1,113
99.9%

$212,023
$7,863
$219,885
96.4%

2,720

41,128

19,021

6,584

2,733

3,063

84

$53,360

243
1
244
99.6%

11,774
1,501
13,275
88.7%

40,066
5,399
45,465
88.1%

39,029
12,207
51,237
76.2%

17,389
12,942
30,331
57.3%

14,041
14,415
28,456
49.3%

7,262
5,259
12,521
58.0%

$129,806
$51,724
$181,529
71.5%

25,611
112,235 114,362
725
3,464
7,486
$26,336 $115,699 $121,848
97.0%
93.9%
97.2%

79,449
13,224
$92,673
85.7%

49,896
14,573
$64,469
77.4%

27,148
14,855
$42,003
64.6%

8,459
5,260
$13,719
61.7%

$395,188
$59,586
$454,774
86.9%

In c e p tio n -to -d a te resolution sales are net of putbacks; annual resolution sales are gross o f putbacks.




In c e p t to
D a te *

1990

1 98 9

17

TABLE II C -S : RTC SALES AND COLLECTIONS BY ASSET TYPE, 1989 - SEPTEMBER 1995
(Dollars in MHIions)

1989

1990

1991

1992

1993

1994

YTD
1995

In c e p t to
D a te * *

C ash & S e cu ritie s
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate

$13,862
390
14.252
97.3%

$45,345
1,099
46,444
97.6%

$45,194
878
46,072
98.1%

$22,908
387
23.295
98.3%

$19,671
497
20,167
97.5%

$9,990
194
10,185
98.1%

$1,882
137
2,019
93.2%

$158,298
$3,581
$161,879
97.8%

1 —4 M o rtg a g e s*
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate

$4,790
12
4,802
99.7%

$34,122
221
34,343
99.4%

$40,516
2,072
42,588
95.1%

$24,452
564
25,016
97.7%

$10,039
591
10,630
94.4%

$3,462
493
3,955
87.5%

$2,443
406
2,849
85.7%

$107,994
$4,360
$112,354
96.1%

O th e r M o rtg a g e s*
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate

$3,117
11
3,128
99.7%

$14,752
576
15,328
96.2%

$11,504
1,413
12,917
89.1%

$15,769
4,649
20,418
77.2%

$10,158
6,199
16,357
62.1%

$5,772
4,307
10,078
57.3%

$2,026
1,909
3,935
51.5%

$57,331
$19,064
$76,396
75.0%

O th e r Loans
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate

$1,742
31
1,773
98.2%

$12,043
459
12,502
96.3%

$7,829
624
8,453
92.6%

$5,118
622
5,740
89.2%

$3,753
976
4,729
79.4%

$2,767
946
3,713
74.5%

$480
473
954
50.4%

$30,640
$4,132
$34,772
88.1%

R eal E state O w ned
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate

$1,468
298
1,766
83.1%

$2,576
912
3,488
73.9%

$3,820
1,952
5,772
66.2%

$3,696
3.563
7,259
50.9%

$3,537
4,291
7,828
45.2%

$1,519
2,307
3,826
39.7%

$496
477
972
51.0%

$16,939
$13,799
$30,737
55.1%

O th e r A ssets
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate

$632
(17)
614
102.8%

$3,397
198
3,595
94.5%

$5,499
547
6,046
90.9%

$7,507
3,438
10,945
68.6%

$2,739
2,018
4,757
57.6%

$3,638
6,608
10,246
35.5%

$1,133
1,857
2,990
37.9%

$23,987
$14,650
$38,636
62.1%

$25,611 $112,235 $114,362
3.464
7.486
725
26,336 115,699 121.848
93.9%
97.0%
97.2%

$79,449
13,224
92,673
85.7%

$49,896
14,573
64,469
77.4%

$27,148
14,855
42,003
64.6% I

$8,459
5,260
13,719
61.7%

$395,188
$59,586
$454,774
86.9%

TO TAL ASSETS
Sales & Collections
Losses at Disposition
Book Value Reduction
Recovery Rate

* Prior to 1991,1 - 4 Family Mortgages were com bined with Other Mortgages. For 1989-1990, these data are estim ates.
* * In c e p tio n -to -d a te resolution sales are net of putbacks; annual resolution sales are gross of putbacks.




18

TABLE III—S: SUMMARY OF RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars in Billions)

T ype o f T ra n s a c tio n *

1989

1990

1991

1992

1993

1994

1995

T o ta l

P&A
Number of Institutions
Total Assets at Resolution
% of Assets Passed
Total Deposits at Resolution
No. of Deposit Accounts (000s)
Estimated Cost of Resolution
Est. Savings over Payout Cost
Est.Savings/Core Deposits

7
$8.6
21.0%
$7.8
907
$4.3
$0.2
4.0%

172
$77.8
29.1%
$68.5
8,343
$24.2
$1.4
2.7%

165
$61.0
23.1%
$53.6
5,959
$23.3
$0.7
1.7%

63
$35.2
15.4%
$27.4
3,063
$6.6
$0.7
2.9%

26
$7.4
36.8%
$7.9
1,065
$1.9
$0.3
5.1%

61
$15.2
19.7%
$14.3
1,904
$6.7
$1.1
8.9%

3
$1.7
4.8%
$1.8
160
$0.3
$0.2
10.7%

497
$206.8
24.0%
$181.2
21,401
$67.3
$4.6
3.2%

IDT
Number of Institutions
Total Assets at Resolution
% of Assets Passed
Total Deposits at Resolution
No. of Deposit Accounts (000s)
Estimated Cost of Resolution
Est. Savings over Payout Cost
Est.Savings/Core Deposits

26
$2.0
19.6%
$2.5
197
$1.4
$0.0
0.8%

96
$13.5
9.6%
$13.7
1,515
$8.1
$0.1
0.6%

34
$14.6
14.1%
$14.7
1,266
$6.7
$0.1
0.7%

2
$0.1
2.6%
$0.1
7
$0.0
$0.0
0.4%

0
$0.0
0.0%
$0.0
0
$0.0
$0.0
0.0%

0
$0.0
0.0%
$0.0
0
$0.0
$0.0
0.0%

0
$0.0
0.0%
$0.0
0
$0.0
$0.0
0.0%

158
$30.2
12.4%
$31.0
2,985
$16.3
$0.1
0.7%

4
$0.2

33
$2.5

1
$0.1
0.0%
$0.0
1
$0.0
$0.0
0.0%

3
$0.1
0.0%
$0.0
3
$0.0
$0.0
0.0%

0
$0.0
0.0%
$0.0

$0.0
0.0%

4
$0.2
0.0%
$0.1
10
$0.1
$0.0
0.0%

$0.0
$0.0
0.0%

92
$7.8
0.0%
$8.4
619
$6.5
$0.0
0.0%

232
$78.1
20.7%
$71.2
7,506
$32.3
$0.8
1.5%

69
$35.5
15.3%
$27.6
3,081
$6.6
$0.7
2.9%

27
$7.5
36.4%
$7.9
1,065
$2.0
$0.3
5.1%

64
$15.3
19.5%
$14.3
1,907
$6.7
$1.1
8.9%

3
$1.7
4.8%
$1.8
160
$0.3
$0.2
10.7%

747
$244.9
21.8%
$220.6
25,005
$90.1
$4.7
2.8%

PAYOUT
Number of Institutions
Total Assets at Resolution
% of Assets Passed
Total Deposits at Resolution
No. of Deposit Accounts (000s)
Estimated Cost of Resolution
Est. Savings over Payout Cost

$0.0

Est.Savings/Core Deposits

0.0%

47
$4.7
0.0%
$5.0
299
$3.9
$0.0
0.0%

37
$10.8
20.4%
$10.5
1,130
$5.9
$0.2
3.3%

315
$96.0
24.9%
$87.2
10,156
$36.2
$1.5
2.3%

Total D uring Year
Number of Institutions
Total Assets at Resolution
% of Assets Passed
Total Deposits at Resolution
No. of Deposit Accounts (000s)
Estimated Cost of Resolution
Est. Savings over Payout Cost
Est.Savings/Core Deposits

0.0%
$0.3
25
$0.2

0.0%
$2.9
281
$2.3

*Type of Transaction
IDT=lnsured Deposit Transfer
PA=Purchase of Assets and Assumption of Liabilities
PO=lnsured Deposit Payoff




19

0




There Is no corresponding summary table for Table IV.

20

TABLE V -S : SOURCES & USES OF CASH, 1989 - SEPTEMBER 1995
(Dollars in Billions)

1989

1990

1991

1992

1993

1994

YTD
1995

YEARLY ACTIVITY
Beginning Cash Balance

$0.0

$4.5

$4.9

$8.8

$2.8

$6.4

$4.0

Sources of Cash:
Funding Authorized by Congress
FFB Borrowing Outstanding
Recoveries from RCV Assets
Total Sources

24.5
0.0
0.0
24.5

18.5
53.0
8.3
79.8

37.0
4.0
36.5
77.5

6.7
(19.8)
37.7
24.5

(0.0)
(6.7)
17.5
10.9

4.0
(7.6)
13.1
9.5

0.0
(9.7)
10.0
0.3

Uses of Cash:
Resolution/Receivership Funding
Conservatorship Advances Outstanding
FFB Interest Payments
Other Uses (Net)
Total Uses
Estimated Loss Funds Used
Total Working Capital

9.9
10.1
0.0
0.0
20.0
5.9
14.1

79.7
(1.0)
0.9
(0.1)
79.4
36.2
43.2

73.9
(4.1)
3.9
(0.1)
73.6
32.3
41.3

27.0
1.8
2.2
(0.4)
30.6
6.6
23.9

6.6
(0.2)
1.0
(0,2)
7.3
2.0
5.3

17.7
(6.5)
1.1
(0.4)
11.9
6.7
5.2

2.4
(0.0)
0.9
0.0
3.3
0.3
3.0

4.5
$4.5

0.4
$4.9

3.9
$8.8

(6.0)
$2.8

3.6
$6.4

(2.4)
$4.0

(3.0)
$0.9

Beginning Cash Balance

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

Sources of Cash:
Funding Authorized by Congress
FFB Borrowing Outstanding
Recoveries from RCV Assets
Total Sources

24.5
0.0
0.0
24.5

43.0
53.0
8.3
104.3

80.1
57.0
44.8
181.9

86.8
37.2
82.4
206.4

86.8
30.5
100.0
217.3

90.8
22.9
113.1
226.8

90.8
13.2
123.1
227.0

Uses of Cash:
Resolution/Receivership Funding
Conservatorship Advances Outstanding
FFB Interest Payments
Other Uses (Net)
Total Uses
Estimated Loss Funds Used
Total Working Capital

9.9
10.1
0.0
0.0
20.0
5.9
14.1

89.6
9.0
0.9
(0.1)
99.4
42.1
57.3

163.6
4.9
4.8
(0.2)
173.1
74.4
98.6

190.6
6.8
6.9
(0.6)
203.6
81.1
122.5

197.2
6.5
8.0
(0.8)
210.9
83.0
127.8

214.9
0.0
9.0
(1.2)
222.8
89.8
133.1

217.4
(0.0)
9.9
(1.1)
226.1
90.1
136.0

4.5
$4.5

4.9
$4.9

8.8
$8.8

2.8
$2.8

6.4
$6.4

4.0
$4.0

0.9
$0.9

37

352

584

653

680

744

747

Sources minus Uses
Ending Cash Balance
INCEPTION TO DATE

Sources minus Uses
Ending Cash Balance
Memo: No. of Resolutions Funded




TABLE V I—S: SUMMARY DATA ON RTC RESOLUTIONS BY STATE, 1989 - JUNE 1995
(Dollars in MilUans)

State
Alabama
Alaska
Arizona
Arkansa
California
Colorado
Connecticut
Florida
Georgia
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Total




Total
Number
11
2
9
18
73
17
8
49
16
49
4
12
23
3
52
2
14
6
4
5
19
14
8
1
2
34
11
15
9
3
18
18
3
19
1
2
6
2
11
137
5
18
3
4
3
4
747

Deposits
No. Deposit
at
Accounts
Takeover
(Thousands)
$3,254
498
273
43
15,083
1,715
3,806
460
63,986
3,922
3,234
288
839
107
28,461
2,583
3,289
504
10,358
1,346
338
52
2,685
394
9,398
680
483
75
8,933
870
116
19
5,556
842
4,764
442
882
135
2,579
380
2,108
218
7,353
1,104
1,520
214
246
19
278
38
17,806
2,230
3,631
283
13,903
1,762
2,648
350
728
105
7,148
991
4,068
510
4,587
628
13,293
1,866
1,255
141
1,761
239
1,265
166
213
32
1,487
135
48,171
3,437
2,054
334
9,176
993
1,546
113
211
33
415
94
251
39
$315,441
31,431

22

Assets
Estimated
at
Resolution Cost
Takeover
at 12/31/94
$3,999
$512
313
205
19,399
5,858
4,569
2,340
85,697
12,035
4,028
1,921
1,029
191
35,169
6,779
4,422
596
12,081
1,469
349
50
3,194
296
16,605
2,099
484
51
9,365
4,031
131
29
8,046
1,450
6,456
1,373
1,294
92
3,705
979
2,608
679
7,797
1,546
1,823
549
252
11
364
54
24,504
3,819
4,234
1,992
14,779
3,155
3,300
412
1,157
166
8,986
664
5,129
722
393
7,021
17,999
3,196
1,667
327
1,967
100
1,437
179
198
36
1,813
322
57,574
26,266
2,990
548
11,548
2,327
2,079
127
248
20
453
94
309
41
$402,571
$90,099




DETAILED TABLES

23




TABLE I: RTC CASELOAD, 1989 - SEPTEMBER 1995
(Dollars in Billions)

1st Q tr
CONSERVATORSHIPS
No. of conservatorships at beginning of quarter
No. of conservatorships added during quarter
No. of conservatorships resolved during quarter
No. of conservatorships at end of quarter
Conservatorship assets at end of quarter
RECEIVERSHIPS
No. of receiverships at beginning of quarter
No. of resolutions (new revs.) during quarter
No. of receiverships terminated during quarter
No. of active receiverships at end of quarter
Receivership assets at end of quarter
TOTAL CASELOAD
Cumulative no. of resolutions
Cumulative no. of receivership terminations
Cumulative no. of institutions taken over

1989
2nd Q tr 3rd Q tr

1st Q tr

1990
2nd Q tr 3rd Q tr

4th Q tr

0
175
0
175
$80.7

175
57
0
232
$101.6

232
48
24
256
$101.7

256
38
13
281
$104.9

281
84
15
350
$163.3

350
52
155
247
$127.2

247
36
77
206
$90.8

206
35
62
179
$87.5

0
0
0
0
$0.0

0
0
0
0
$0.0

0
24
0
24
$1.3

24
13
0
37
$7.9

37
15
0
52
$12.3

52
155
0
207
$37.9

207
79
0
286
$51.8

286
66
0
352
$59.3

0
0
175

0
0
232

24
0
280

37
0
318

52
0
402

207
0
454

286
0
492

352
0
531

N/A
N/A
N/A
N/A
N/A
N/A
$103.0

$19.7
34.1
29.2
7.2
14.7
8.0
$112.8

$43.1
51.7
37.3
14.9
16.7
11.9
$175.6

$38.4
44.6
36.3
13.7
18.3
13.7
$165.1

$29.9
37.4
34.1
10.8
18.3
12.2
$142.6

$28.8
40.0
36.6
11.2
18.1
12.0
$146.7

Assets Held By RTC A t End O f Quarter:
Cash & Securities
1- 4 Mortgages
Other Mortgages
Other Loans
REO
Other Assets
Total Assets




4th Q tr

25

TABLE I: RTC CASELOAD, 1989 - SEPTEMBER 1995
(Dollars in Billions)

1st Q tr

1991
2nd Q tr 3rd Q tr

4th Q tr

1st Q tr

1992
2nd Q tr 3rd Q tr

4th Q tr

CONSERVATORSHIPS
No. of conservatorships at beginning of quarter
No. of conservatorships added during quarter
No. of conservatorships resolved during quarter
No. of conservatorships at end of quarter
Conservatorship assets at end of quarter

179
44
19
204
$92.5

204
44
55
193
$88.9

193
21
117
97
$54.1

97
14
20
91
$47.3

91
10
51
50
$27.1

50
17
7
60
$23.2

60
10
1
69
$34.0

69
13
1
81
$40.2

RECEIVERSHIPS
No. of receiverships at beginning of quarter
No. of resolutions (new revs.) during quarter
No. of receiverships terminated during quarter
No. of active receiverships at end of quarter
Receivership assets at end of quarter

352
22
0
374
$69.5

374
56
0
430
$72.7

430
133
0
563
$95.3

563
21
0
584
$83.1

584
56
0
640
$88.8

640
11
0
651
$88.8

651
1
27
625
$73.1

625
1
8
618
$64.3

TOTAL CASELOAD
Cumulative no. of resolutions
Cumulative no. of receivership terminations
Cumulative no. of institutions taken over

374
0
578

430
0
623

563
0
660

584
0
675

640
0
690

651
0
711

652
27
721

653
35
734

Assets Held By RTC A t End O f Q uarter:
Cash & Securities
1 - 4 Mortgages
Other Mortgages
Other Loans
REO
Other Assets
Total Assets

$29.9
41.9
42.7
13.6
19.2
14.8
$162.1

$29.3
38.9
43.2
12.9
21.4
16.0
$161.6

$22.8
36.1
43.6
10.3
19.4
17.1
$149.4

$18.4
25.9
43.8
9.0
17.1
16.2
$130.4

$14.4
21.4
41.3
8.0
15.3
15.5
$115.9

$13.9
17.7
38.5
6.9
14.4
20.7
$112.0

$14.2
18.3
36.6
6.7
13.9
17.4
$107.1

$18.3
16.6
32.7
7.2
12.9
16.8
$104.5




26

TABLE I: RTC CASELOAD, 1989 - SEPTEMBER 1995
(Dollars in Billions)

1st Q tr

1993
2nd Q tr 3rd Q tr

4th Q tr

1st Q tr

1994
2nd Q tr 3rd Q tr

4th Q tr

CONSERVATORSHIPS
No. of conservatorships at beginning of quarter
No. of conservatorships added during quarter
No. of conservatorships resolved during quarter
No. of conservatorships at end of quarter
Conservatorship assets at end of quarter

81
4
1
84
$35.7

84
2
3
83
$34.9

83
2
17
68
$30.2

68
0
5
63
$23.2

63
0
15
48
$20.8

48
0
30
18
$12.6

18
0
16
2
$3.6

2
0
1
1
$2.1

RECEIVERSHIPS
No. of receiverships at beginning of quarter
No. of resolutions (new revs.) during quarter
No. of receiverships terminated during quarter
No. of active receiverships at end of quarter
Receivership assets at end of quarter

618
1
3
616
$56.0

616
3
5
614
$47.8

614
18
16
616
$44.0

616
5
17
604
$40.7

604
15
13
606
$34.0

606
31
16
621
$32.7

621
16
25
612
$32.7

612
2
25
589
$22.9

TOTAL CASELOAD
Cumulative no. of resolutions
Cumulative no. of receivership terminations
Cumulative no. of institutions taken over

654
38
738

657
43
740

675
59
743

680
76
743

695
89
743

726
105
744

742
130
744

744
155
745

Assets Held By RTC A t End O f Q uarter:
Cash & Securities
1- 4 Mortgages
Other Mortgages
Other Loans
REO
Other Assets
Total Assets

$16.1
12.7
28.6
6.9
11.0
16.4
$91.7

$15.8
11.4
23.9
5.8
9.4
16.3
$82.6

$14.2
10.4
20.9
5.3
7.6
15.8
$74.2

$11.5
9.1
17.5
4.5
6.0
15.3
$63.8

$10.4
8.2
14.1
4.0
4.8
13.4
$54.9

$7.5
7.3
12.0
3.8
3.7
11.0
$45.3

$5.2
6.3
10.4
3.1
2.8
8.6
$36.4

$3.4
4.8
6.5
2.1
2.1
6.0
$25.0




27




TABLE I: RTC CASELOAD, 1989 - SEPTEMBER 1995
(Dollars in Billions)

1 st Q tr
CONSERVATO RSHIPS
No. o f conservatorships at beginning of quarter
No. o f conservatorships added during quarter
No. o f conservatorships resolved during quarter
No. o f conservatorships at end o f quarter
C onservatorship assets at end o f quarter

1995
2nd Q tr

3 rd Q tr

1
0
1
0
$0.3

0
0
0
0
$0.0

0
0
0
0
$0.0

589
1
41
549
$20.5

549
2
34
517
$16.0

517
0
31
486
$12.5

745
196
745

747
230
747

747
261
747

$2.6
4.1
5.2
1.8
1.7
5.4
$20.9

$2.1
2.3
4.1
1.5
1.5
4.6
$16.0

$2.1
1.9
2.9
1.1
1.2
3.3
$12.5

RECEIVERSHIPS
No. o f receiverships a t beginning of quarter
No. o f resolutions (new revs.) during quarter
No. o f receiverships term inated during quarter
No. o f active receiverships at end of quarter
Receivership assets a t end of quarter

TOTAL CASELOAD
Cum ulative no. o f resolutions
Cum ulative no. o f receivership term inations
Cum ulative no. o f institutions taken over

Assets Held By RTC At End Of Quarter:
Cash & Securities
1 —4 M ortgages
O ther M ortgages
O ther Loans
REO
O ther Assets
Total Assets

28

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Total Assets
(Dollars in M illions)

1990
2nd Q tr 3 rd Q tr

4 th Q tr

1 st Q tr

1991
2nd Q tr

$0 $104,899 $163,350 $127,182

$90,763

$87,467

$92,502

$88,850

20,436
4,603

12,082
5,299

1989
CONSERVATORSHIP AC TIVITY
Cons. Assets at Beginning o f Period
ADD
Assets o f Institutions Taken Over
New Loans and Purchases

141,754
2,128

LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes at Resolution

8,708
13,940
724
4,264
541

Assets o f Resolved Conservatorships

10,807

Conservatorship Assets at End o f Pd.
RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period
ADD
Assets of Resolved Conservatorships
Assets of Other Resolved Institutions
Asset Putbacks o r Repurchases
LESS
Resolution Sales (Gross of Putbacks)
Receivership Payments & M aturities
Receivership Sales Proceeds *
Losses at Disposition
Other Changes
Receivership Assets at End o f Period
Total Assets at End of Period
M em o
Recovery Rate on Sales and C ollect.

1 st Q tr

24,940
5,833

7,722
4,026

15,618
3,485

32,114
3,763

6,750
7,296
486
5,617
(77)

7,910
10,525
621
3,193
338

7,569
8,054
421
1,503
(77)

4,567
6,664
436
1,190
393

5,693
6,892
558
538
14

7,156
7,854
684
930
(646)

8,113

44,355

30,697

9,152

17,146

12,712

36,579

$104,899 $163,350 $127,182

$90,763

$87,467

$92,502

$88,850

$54,111

78,256
8,380

8,328
6,662
463
509
(421)

$0

$7,945

$12,290

$37,893

$51,844

$59,270

$69,549

$72,733

10,807
0
52

8,113
0
168

44,355
0
787

30,697
18
1,778

9,152
3,632
7,400

17,146
3,487
1,804

12,712
38
2,540

36,579
3,540
3,778

3,646
N/A
276
17
(3)

18,125
N/A
1,280
57
76

13,922
N/A
4,390
301
(71)

5,434
N/A
5,828
1,126
371

2,720
N/A
243
1
(51)
$7,945

$12,290

$37,893

$51,844

$59,270

5,948
1,745
3,868
892
(295)
$69,549

3,778
2,727
5,643
1,224
(1,266)

7,524
3,711
8,195
1,104
844

$72,733

$95,251

$112,844 $175,640 $165,075 $142,608 $146,737 $162,051 $161,583

$149,363

97.2%

97.3%

98.2%

97.9%

93.5%

94.3%

* Includes both Payments & M aturities and Sales Proceeds until 1991 when they are reported separately.




3rd Q tr

29

93.4%

95.6%

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Total Assets
(Dollars in MHiions)

1991
4 th Q tr

1st Q tr

1992
2 nd Q tr 3 rd Q tr

4 th Q tr

1 s t Q tr

1993
2 nd Q tr 3 rd Q tr

$54,111

$47,318

$27,130

$23,196

$33,989

$40,211

$35,677 $34,868

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

6,298
3,803

1,140
3,132

4,499
1,137

17,187
3,767

12,662
5,451

2,094
5,386

3,834
4,253

133
5,739

LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at D isposition
O ther Changes D uring Cons.
Changes at Resolution

5,107
7,583
382
110
144

5,241
4,705
247
(471)
(138)

1,875
3,111
126
(466)
(4,773)

2,447
5,480
223
722
24

2,894
8,082
422
280
2

4,703
6,777
303
223

3,748
2,843
506
1,096
(13)

4,523
3,400
585
(163)
(46)

Assets o f Resolved Conservatorships

3,569

14,875

9,695

1,266

211

10

715

2,248

C onservatorship Assets at End of Pd.

$47,318

$27,130

$23,196

$33,989

$40,211

$35,677

$34,868 $30,193

RESO LUTIO N & RCV AC TIVITY
RCV Assets at Beginning o f Period

$95,251

$83,066

$88,812

$88,812

$73,083

$64,335

$56,017 $47,775

ADD
Assets o f Resolved Conservatorships
Assets o f Other Resolved Institutions
Asset Putbacks o r Repurchases

3,569
1,040
1,170

14,875
6,164
383

9,695
3,273
554

1,266
0
643

211
0
329

10
0
67

LESS
R esolution Sales (Gross o f Putbacks)
Receivership Paym ents & M aturities
Receivership Sales Proceeds
Losses at D isposition
Other Changes

1,770
4,470
9,708
2,179
(162)

4,042
3,511
5,605
2,250
269

2,270
2,814
7,677
2,156
(1,394)

61
5,999
7,199
4,411
(32)

211
1,213
5,013
3,390
(540)

CO NSERVATO RSHIP ACTIVITY
Cons. Assets a t Beginning o f Period

Receivership Assets at End o f Period
Total Assets at End o f Period
M em o
Recovery Rate on Sales and Collect.




$83,066

788
1,666
1,238
2,949
(557)

$47,775 $44,000

$130,384 $115,941 $112,008 $107,071 $104,546

$91,694

$82,643 $74,193

30

88.6%

$73,083

491
1,773
3,932
3,633
(875)

2,248
44
18

$56,017

90.2%

$88,812

9
1,835
4,024
2,782
(256)

715
0
(3)

$64,335

91.8%

$88,812

(1)

82.1%

82.0%

84.9%

75.5%

76.7%

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Total Assets
(Dollars in Millions)

1994
1 995*
1993
In c e p t to
4 th Q tr 1st Q tr 2d Q tr 3 rd Q tr 4 th Q tr 1 st Q tr 2d Q tr 3 rd Q tr D a te **
CONSERVATORSHIP AC TIVITY
Cons. Assets at Beginning o f Period

$30,193 $23,166 $20,840 $12,558

$3,629

$2,067

$324

$0

$0

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

0
1,901

0
1,314

0
1,537

0
1,689

0
341

0
510

0
6

0 $380,770
0 $77,486

LESS
Cons. Payments & M aturities
C onservatorship Sales Proceeds
Losses at D isposition
Other Changes During Cons.
Changes a t Resolution

2,686
1,093
236
84
358

2,163
513
114
168
(12)

2,224
709
43
103
535

1,783
538
77
166
2

1,064
1,050
206
(417)

690
334
2
(10)
(29)

54
34
(2)
9
3

0 $97,884
0 $114,139
0
$7,863
0 $19,180
0
($3,879)

Assets of Resolved Conservatorships

4,470

694

6,206

8,051

0

1,266

232

C onservatorship Assets at End o f Pd.

$23,166 $20,840 $12,558

$3,629

$2,067

$324

$0

$0

$0

RESOLUTION & RCV AC TIVITY
RCV Assets at Beginning o f Period

$44,000 $40,664 $34,011 $32,705 $32,749 $22,900 $20,526 $16,206

$0

(0)

ADD
Assets of Resolved Conservatorships
Assets of Other Resolved institutions
Asset Putbacks or Repurchases

4,470
0
25

694
0
27

6,206
85
73

8,051
0
62

0
44
86

LESS
Resolution Sales (Gross o f Putbacks)
Receivership Payments & M aturities
Receivership Sales Proceeds
Losses at D isposition
Other Changes

1,444
1,372
1,548
3,578
(112)

168
1,258
1,555
4,521
(127)

1,276
1,439
929
3,333
692

1,618
1,787
1,190
2,729
745

0
1,674
4,211
3,832
264

1,266
0
61

232
426
96

44
967
1,144
1,585
(40)

40
669
2,777
1,681
(93)

0 $223,070

0 $223,070
0 $21,790
76 $21,973

0 $75,333
800 $51,557
905 $78,249
1,993 $51,724
(105) ($2,719)

Receivership Assets at End o f Period

$40,664 $34,011 $32,705 $32,749 $22,900 $20,526 $16,206 $12,689

$12,689

Total Assets at End of Period

$63,830 $54,851 $45,263 $36,378 $24,967 $20,850 $16,206 $12,689

$12,689

M em o
Rec. Rate on Sales and C ollect

* * *

68.1%

55.0%

66.1%

71.1%

66.5%

66.7%

68.0%

46.1%

86.9%

* The 1995 conservatorship balances include assets of one institution resolved on 11 /1 8/94.
* * For receiverships, quarterly payments & m aturities and sales proceeds do not sum to in c e p tio n -to -d a te because
they are not reported separately until 1991.
* * *
Recovery rate for in c e p tio n -to -d a te is net o f putbacks while quarterly recovery rates are gross o f putbacks.




31

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Cash and Securities
(Dollars in M illions)

1st Qtr

1990
2nd Q tr 3 rd Q tr

4th Qtr

1st Qtr

1991
2nd Qtr

$0

$19,548

$42,689

$34,571

$24,960

$24,310

$25,333

$24,348

33,203
141

30,007
2,649

8,265
4,110

1,914
2,777

4,294
2,826

9,074
3,097

6,342
3,449

2,969
4,460

1989
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning o f Period
ADD
Assets o f Institutions Taken Over
New Loans and Purchases
LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at D isposition
O ther Changes D uring Cons.
Changes at Resolution
Assets o f Resolved Conservatorships
Conservatorship Assets at End o f Pd.
RESOLUTION & RCV AC TIVITY
RCV Assets at Beginning o f Period

2,238
2,665
3,356
7,593
10,770
5,449
390
271
337
1,671
(1,116)
(296)
482
135
839
1,033
1,290
6,696
$19,548 $42,689 $34,571

4,113
4,583
96
(912)
647
5,775
$24,960

2,330
3,982
223
175
63
995
$24,310

3,259
3,955
4,292
4,589
322
143
(175)
(293)
714
(87)
2,737
2,469
$25,333 $24,348

3rd Qtr

5,793
2,393
21
(222)
668
8,376
$14,749

$0

$178

$427

$3,808

$4,908

$4,456

$4,571

$4,929

ADD
Assets o f Resolved Conservatorships
Assets of Other Resolved Institutions
Asset Putbacks o r Repurchases

1,033
0
0

1,290
0
0

6,696
0
0

5,775
5
29

995
820
21

2,737
578
12

2,469
8
2

8,376
1,076
286

LESS
Resolution Sales (Gross o f Putbacks)
Receivership Payments & M aturities
Receivership Sales Proceeds *
Losses at D isposition
O ther Changes
Receivership Assets at End o f Period
Total Assets at End o f Period

794
N/A
60
0
1
$178
$19,725

1,126
305
527
169
(6)
$4,929
$29,277

4,465
919
981
23
237
$8,041
$22,790

97.1%

99.7%

3,083
1,040
N/A
N/A
24
247
0
(0)
(24)
(14)
$3,808
$427
$43,116 $38,379

2,990
N/A
1,469
95
154
$4,908
$29,868

1,229
N/A
1,189
75
(206)
$4,456
$28,767

1,891
329
885
116
(10)
$4,571
$29,904

96.7%

96.1%

Memo
Recovery Rate on Sales and Collect.

97.3%

97.1%

97.7%

98.6%

Includes both Paym ents & M aturities and Sales Proceeds until 1991 when they are reported separately.




TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Cash and Securities
(Dollars in Millions)

1992
2nd Q tr 3 rd Q tr

1991
4th Qtr

1st Qtr

$14,749

$12,168

$7,486

$7,390

989
3,027

209
2,389

1,154
989

3,251
3,133

3,112
3 t288
(56)
(520)
3
772
$12,168

2,938
1,765
(35)
(129)
(52)
2,793
$7,486

1,011
656
(6)
(572)
230
920
$7,390

1,193
3,443

$8,041

$6,211

772
322
73

2,793
1,127
10

1st Qtr

1993
2nd Q tr 3 rd Q tr

$8,788

$14,162

$12,736 $12,884

3,346
4,370

158
4,050

4th Qtr

CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning of Period

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

1,087
3,188

17
4,419

LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at D isposition
Other Changes During Cons.
Changes at Resolution
Assets o f Resolved Conservatorships
Conservatorship Assets at End o f Pd.

(6)
80
$8,788

1,404
2,659
(33)
(1,740)
0
53
$14,162

3,207
2,363
(54)
118
0
0
$12,736

$6,958

$6,496

$5,386

$4,111

$3,356

$2,946

920
663
40

80
0
66

53
0
6

0
0
0

424
0
0

956
4
0

(211)
487

3,105
2,572
2,017
509
0
(2)
585
151
37
36
956
424
$12,884 $11,057

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period

ADD
Assets o f Resolved Conservatorships
Assets o f Other Resolved Institutions
Asset Putbacks or Repurchases

LESS
Resolution Sales (Gross of Putbacks)
Receivership Payments & M aturities
Receivership Sales Proceeds
Losses at D isposition
Other Changes
Receivership Assets at End of Period
Total Assets at End o f Period

2,235
942
139
1,232
911
937
140
177
(229)
(305)
$6,958
$6,211
$18,379 $14,445

1,181
364
637
74
(171)
$6,496
$13,886

51
454
667
244
(159)
$5,386
$14,174

53
663
458
177
(17)
$4,111
$18,273

0
98
524
293
(160)
$3,356
$16,091

98.3%

99.4%

97.3%

96.3%

423
686
307
86
205
160
134
9
(235)
(150)
$2,946 $3,114
$15,830 $14,171

Memo
Recovery Rate on Sales and C ollect.




99.1%

98.3%

33

96.8%

99.9%

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Cash and Securities
(Dollars in M illions)

1994
1993
1995*
In c e p t to
4 th Q tr 1st Q tr 2d Q tr 3 rd Q tr 4 th Q tr 1st Q tr 2d Q tr 3 rd Q tr D a te **
CO NSERVATORSHIP AC TIVITY
C ons. Assets at Beginning o f Period

$3,309

$1,173

$761

$128

0
1,328

0
236

0
494

0
4

LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at D isposition
O ther Changes D uring Cons.
Changes at Resolution
Assets o f Resolved Conservatorships
Conservatorship Assets at End o f Pd.

1,234
1,461
1,298
1,467
194
395
59
280
33
5
2
(D
(46)
(117)
6
(11)
9
647
78
715
2,010
154
2,380
1,950
$7,840 $7,088 $3,309 $1,173

434
201
8
6

608
49
0

35
24

RESOLUTION & RCV AC TIVITY
RCV Assets at Beginning o f Period

$3,114

$3,615

$3,330

2,010
0
0

154
0
0

2,380
58
0

AD D
Assets o f Institutions Taken Over
New Loans and Purchases

AD D
Assets o f Resolved Conservatorships
Assets o f Other Resolved Institutions
A sset Putbacks o r Repurchases
LESS
R esolution Sales (G ross o f Putbacks)
Receivership Paym ents & M aturities
Receivership Sales Proceeds
Losses at D isposition
O ther Changes
Receivership Assets at End o f Period
Total Assets at End o f Period
M em o
Rec. Rate on Sales and C ollect .** *

$11,057

0
1,282

$7,840 $7,088

0
721

0
990

$0

$0

0 $106,280
0 $54,132

0
$761

476
$128

8
68
$0

0
0
0
0
0
0
$0

$4,236

$3,979

$2,603

$2,432

$2,119

$0

1,950
0
1

0
0
9

476
0
0

68
68
0

0
0
0

$42,406
$4,728
$555

1,425
101
1,094
1,214
75
78
105
499
279
233
291
51
25
58
31
83
231
(125)
(44)
(15)
$3,615 $3,330 $4,236 $3,979
$11,455 $10,417 $7,545 $5,151

0
240
690
67
388
$2,603
$3,364

13
347
197
5
85
$2,432
$2,560

40
105
257
14
33
$2,119
$2,119

95.4%

99.6%

97.6%

96.7%

98.7%

98.1%

99.0%

(0)

(3)
(3)

(2)

(0)

$52,789
$61,554
$1,451
($2,952)
$5,164
$42,406
$0

0 $26,077
157
$8,931
51
$9,502
$2,130
120
(314) ($1,056)
$2,105
$2,105
$2,105
$2,105

63.3%

97.8%

* The 1995 conservatorship balances include assets o f one institution resolved on 11/18/94.
* * For receiverships, quarterly payments & m aturities and sales proceeds do not sum to in c e p tio n -to -d a te because
they are not reported separately until 1991.
* * * Recovery rate fo r inception—to -d a te is net o f putbacks w hile quarterly recovery rates are gross o f putbacks.




34

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
1—4 Family Mortgages*
(Dollars in Millions)

1989
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning o f Period

1990
2nd Q tr 3 rd Q tr

1st Qtr

4th Qtr

1991
1st Q t r * 2nd Qtr

3rd Qtr

$0

$32,827

$49,992

$37,441

$25,506

$23,786

$24,533

$21,787

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

38,513
688

22,165
2,524

6,083
587

1,993
289

4,009
79

8,421
173

4,919
424

3,919
391

LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at D isposition
Other Changes D uring Cons.
Changes at Resolution

2,994
1,145
12
(1,265)
1,572

1,564
835
6
2,336
343

1,744
1,969
17
269
644

1,534
1,338
47
99
430

800
1,791
31
162
670

771
1,832
124
127
207

1,407
1,901
74
97
(794)

1,010
3,016
196
71
(343)

Assets o f Resolved Conservatorships

1,917

2,441

14,578

10,767

2,355

4,785

5,403

8,441

Conservatorship Assets at End o f Pd.

$32,827

$49,992

$37,441

$25,506

$23,786

$24,533

$21,787

$13,706

$0

$1,244

$1,740

$7,208

$11,881

$16,198

$17,396

$17,119

ADD
Assets o f Resolved Conservatorships
Assets o f Other Resolved Institutions
Asset Putbacks or Repurchases

1,917
0
9

2,441
0
87

14,578
0
568

10,767
9
922

2,355
1,648
4,558

4,785
1,851
790

5,403
13
1,761

8,441
1,652
1,973

LESS
Resolution Sales (Gross o f Putbacks)
Receivership Paym ents & M aturities
Receivership Sales Proceeds * *
Losses at D isposition
Other Changes

578
N/A
73
1
30

1,946
N/A
48
3
36

6,055
N/A
810
17
143

2,689
N/A
1,286
98
171

2,842
778
2,239
454
(83)

2,417
1,199
3,500
464
(126)

1,484
929
4,392
321
(357)

Receivership Assets at End o f Period

$1,244

$1,740

$7,208

$11,881

$16,198

$17,396

$17,119

$22,416

$34,071

$51,732

$44,649

$37,388

$39,984

$41,928

$38,906

$36,123

99.7%

99.8%

99.8%

99.3%

98.1%

93.6%

95.1%

95.4%

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period

Total Assets at End o f Period
M em o
Recovery Rate on Sales and C ollect.

9,483
N/A
232
3
(40)

* Prior to 1991,1 - 4 Family M ortgages were combined with Other M ortgages. For 1989-1990, these data are estimates.
Includes both Payments & M aturities and Sales Proceeds until 1991 when they are reported separately.

**




35

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
1 -4 Family Mortgages*
(Dollars in Millions)

1991
4th Qtr

1st Qtr

$13,706

$10,949

$5,562

$5,025

$9,123

$9,318

$6,846

$7,003

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

1,660
358

317
421

1,766
39

6,308
413

4,257
851

393
445

1,425
561

34
435

LESS
Cons. Payments & M aturities
C onservatorship Sales Proceeds
Losses at D isposition
O ther Changes D uring Cons.
Changes at Resolution

921
2,417
42
488
(24)

916
1,863

451
1,278
25
141

660
1,117
47
486

768
2,954
44
1,083
0

513
2,752
18
21
0

431
1,226
2
102
(6)

409
709
21
(172)
(7)

Assets o f Resolved Conservatorships

931

3,477

447

313

63

6

73

555

Conservatorship Assets at End o f Pd.

$10,949

$5,562

$5,025

$9,123

$9,318

$6,846

$7,003

$5,958

RESOLUTION & RCV AC TIVITY
RCV Assets at Beginning o f Period

$22,416

$14,993

$15,806

$12,666

$9,223

$7,322

$5,892

$4,404

ADD
Assets o f Resolved Conservatorships
Assets o f Other Resolved Institutions
Asset Putbacks o r Repurchases

931
302
428

3,477
2,199
139

447
1,266
131

313
0
116

63
0
132

6
0
12

73
0
32

555
22
8

LESS
Resolution Sales (Gross o f Putbacks)
Receivership Paym ents & M aturities
Receivership Sales Proceeds
Losses at D isposition
Other Changes

563
978
5,921
396
1,226

654
1,269
1,931
244
905

152
769
4,154
63
(153)

Receivership Assets at End o f Period

$14,993

$15,806

Total Assets at End o f Period

$25,942

96.1%

CONSERVATORSHIP AC TIVITY
Cons. Assets at Beginning o f Period

M em o
Recovery Rate on Sales and C ollect.




(D
(55)
(75)

1992
2nd Q tr 3 rd Q tr

(D

(0)

4th Qtr

1st Qtr

1993
2 nd Q tr 3 rd Q tr

0
877
2,613
158
225

63
452
1,512
(14)
82

5
322
949
62
109

53
303
883
265
89

57
281
130
72
(3)

$12,666

$9,223

$7,322

$5,892

$4,404

$4,453

$21,368

$17,691

$18,346

$16,640

$12,738

96.5%

98.7%

96.3%

99.5%

98.3%

36

$11,408 $10,410

91.6%

94.4%

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
1—4 Family Mortgages*
(Dollars in Millions)

1993
1994
1 995*
In c e p t to
4th Q tr 1st Q tr 2d Q tr 3 rd Q tr 4 th Q tr 1st Q tr 2d Q tr 3 rd Q tr D a te **
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning o f Period

$5,958

$5,038

$4,489

$3,285

$1,059

$801

$102

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

0
21

0
18

0
9

0
6

0
5

0
4

0
1

0 $106,182
0
$8,739

LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at D isposition
Other Changes D uring Cons.
Changes at Resolution

393
128
3
112
33

293
31
1
126

198
112
0
21
22

90
141
17
27

31
212
13
6

17
87
7

4
9
0
0
0

0
0
0
0
0

$17,919
$28,863
$747
$4,280
$2,669

Assets o f Resolved Conservatorships

271

117

859

1,958

0

596

89

0

$60,444

Conservatorship Assets at End o f Pd.

$5,038

$4,489

$3,285

$1,059

$801

$102

$0

$0

$0

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period

$4,453

$4,046

$3,696

$4,014

$5,291

$4,039

$4,020

$2,406

$0

ADD
Assets o f Resolved Conservatorships
Assets o f Other Resolved Institutions * *
Asset Putbacks or Repurchases * *

271
0
16

117
0
8

859
2
18

1,958
0
15

0
11
47

596
0
19

89
108
25

0
0
16

$60,444
$9,083
$11,830

LESS
Resolution Sales (Gross of Putbacks) * *
Receivership Payments & M aturities * *
Receivership Sales Proceeds * *
Losses at D isposition * *
Other Changes * *

0
274
221
147
52

25
217
47
22
163

87
195
124
66
90

56
188
267
133
54

0
175
973
240
(79)

0
106
402
90
36

0
94
1,471
156
115

0
75
178
153
44

$29,208
$11,610
$32,224
$3,613
$2,730

Receivership Assets at End o f Period

$4,046

$3,696

$4,014

$5,291

$4,039

$4,020

$2,406

$1,972

$1,972

Total Assets at End o f Period

$9,085

$6,186

$7,299

$6,349

$4,840

$4,122

$2,406

$1,972

$1,972

M em o
Rec. Rate on Sales and C ollect * * *

87.1%

96.4%

91.5%

83.2%

84.6%

86.3%

91.0%

62.3%

96.1%

(0)

(1)

(0)

(3)
(2)

$0

$0

The 1995 conservatorship balances include assets of one institution resolved on 11/18/94.
For receiverships, quarterly paym ents & m aturities and sales proceeds do not sum to in c e p tio n -to -d a te because
they are not reported separately until 1991.
* * * Recovery rate fo r in c e p tio n -to -d a te is net o f putbacks w hile quarterly recovery rates are gross o f putbacks.

*

* *




37

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Other Mortgages*
(Dollars in Millions)

1 st Q tr

1990
2 nd Q tr 3 rd Q tr

4 th Q tr

$0

$25,472

$31,747

$23,898

$17,572

$17,823

$19,211

$18,854

33,535
151

9,763
297

3,436
230

2,023
98

3,441
97

8,336
67

2,798
69

3,211
49

753
56
10
419
858

706
300
48
105
27

1989
CONSERVATORSHIP AC TIVITY
Cons. Assets at Beginning of Period
ADD
Assets o f Institutions Taken Over
New Loans and Purchases

1991
1st Q tr * 2nd Q tr

3 rd Q tr

LESS
Cons. Payments & M aturities
C onservatorship Sales Proceeds
Losses at D isposition
O ther Changes D uring Cons.
Changes at Resolution

2,039
83
11
3,179
(1,789)

1,277
67
6
1,045
(731)

1,377
159
7
587
(1,434)

955
50
2
1,321
(923)

Assets o f Resolved Conservatorships

4,691

2,119

10,819

7,042

3,009

4,918

2,039

8,728

Conservatorship Assets at End o f Pd.

$25,472

$31,747

$23,898

$17,572

$17,823

$19,211

$18,854

$12,465

$0

$3,716

$5,538

$12,443

$16,496

$18,791

$23,444

$24,298

4,691
0
19

2,119
0
67

10,819
0
175

7,042
3
353

3,009
569
1,666

4,918
493
278

2,039
0
289

8,728
358
1,254

950
N/A
46

189
N/A
69
2
104

2,695
N/A
723
66
(139)

1,011
N/A
1,555
490
(105)

77
413
588
212
184

899
710
1,505
233
195

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning o f Period
ADD
Assets o f Resolved Conservatorships
Assets o f Other Resolved Institutions
Asset Putbacks o r Repurchases
LESS
Resolution Sales (G ross o f Putbacks)
Receivership Paym ents & M aturities
Receivership Sales Proceeds * *
Losses at D isposition
Other Changes
Receivership Assets at End of Period
Total Assets at End o f Period
M em o
Recovery Rate on Sales and C ollect.

(0)
(2)

3,224
N/A
615
(12)
263

617
169
14
263
(787)

682
138
127
144
(54)

757
292
24
(33)
(119)

$3,716

$5,538

$12,443

$16,496

$18,791

$23,444

$24,298

$31,096

$29,188

$37,285

$36,340

$34,068

$36,614

$42,655

$43,153

$43,561

99.7%

99.5%

100.1%

98.5%

86.9%

91.9%

88.9%

94.2%

* P rior to 1991,1 —4 Fam ily M ortgages were com bined with O ther M ortgages. For 1989-1990, these data are estim ates.
* * Includes both Paym ents & M aturities and Sales Proceeds until 1991 when they are reported separately.




38

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Other Mortgages*
(Dollars in Millions)

1991
4 th Q tr

1st Q tr

$12,465

$12,505

$6,900

$5,969

$8,481

$7,689

$7,184

$6,376

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

2,387
32

346
34

872
38

4,267
53

1,809
59

686
215

958
62

61
61

LESS
Cons. Paym ents & M aturities
C onservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes a t Resolution

627
1,359
198
(424)
(61)

501
218
53
(70)
(191)

277
508
39
164
137

378
505
346
9
23

303
1,741
349
197
(D

310
799
205
89
0

238
670
372
447
(36)

246
302
372
(148)
(15)

CONSERVATORSHIP AC TIVITY
Cons. Assets a t Beginning of Period

1992
2nd Q tr 3 rd Q tr

4 th Q tr

1st Q tr

1993
2nd Q tr 3 rd Q tr

Assets of Resolved Conservatorships

680

5,473

717

546

72

2

137

267

C onservatorship Assets a t End o f Pd.

$12,505

$6,900

$5,969

$8,481

$7,689

$7,184

$6,376

$5,475

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning o f Period

$31,096

$31,326

$34,436

$32,514

$28,136

$24,966

ADD
Assets o f Resolved Conservatorships
Assets o f O ther Resolved Institutions
Asset Putbacks or Repurchases

680
198
541

5,473
1,375
118

717
958
234

546
0
396

72
0
77

2
0
3

LESS
Resolution Sales (Gross o f Putbacks)
Receivership Payments & M aturities
Receivership Sales Proceeds
Losses at D isposition
Other Changes

67
495
955
544
(871)

593
767
1,359
961
176

764
675
1,672
576
144

0
1,185
2,167
1,673
295

72
68
2,016
653
509

2
960
1,606
646
362

$21,395 $17,521

137
0
7

10
704
1,972
1,612
(280)

267
11
7

36
578
342
1,281
165

Receivership Assets at End of Period

$31,326

$34,436

$32,514

$28,136

$24,966

$21,395

$17,521 $15,405

Total Assets at End of Period

$43,831

$41,336

$38,482

$36,617

$32,655

$28,579

$23,897 $20,879

82.5%

77.2%

86.4%

67.7%

80.7%

81.2%

M em o
Recovery Rate on Sales and C ollect.




39

64.4%

47.7%

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Other Mortgages*
(Dollars in M illions)

1993
1994
1995*
In c e p t to
4 th Q tr 1st Q tr 2d Q tr 3 rd Q tr 4 th Q tr 1 st Q tr 2d Q tr 3 rd Q tr D a te **
CONSERVATORSHIP AC TIVITY
Cons. Assets at Beginning of Period

$5,475

$4,343

$3,616

$2,110

$337

$139

$12

$0

$0

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

0
138

0
60

0
79

0
14

0
4

0
1

0
0

0
0

$77,929
$1,908

LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at D isposition
Other Changes D uring Cons.
Changes at Resolution

259
112
83
142
(147)

149
113
66
286
(40)

105
29
9
308
1

73
100
47
(45)
(31)

5
13
5

1
0
0
6
4

0
0
0
0
0

$11,9 55
$7,752
$2,356
$7,847
($5,263)

Assets o f Resolved Conservatorships

821

212

1,134

1,644

0

117

2

0

$55,189

Conservatorship Assets at End o f Pd.

$4,343

$3,616

$2,110

$337

$139

$12

$0

$0

$0

$9,847 $10,064

$6,392

$5,231

$4,068

$0

RESOLUTION & RCV AC TIVITY
RCV Assets at Beginning of Period

$15,405 $13,200 $10,498

4
106
91
1
(0)

(2)
(9)

ADD
Assets o f Resolved C onservatorships
Assets o f Other Resolved Institutions
Asset Putbacks or Repurchases

821
0
7

212
0
8

1,134
20
50

1,644
0
43

0
30
20

117
0
39

2
202
64

0
0
49

$55,189
$4,218
$5,766

LESS
Resolution Sales (G ross of Putbacks)
Receivership Payments & M aturities
Receivership Sales Proceeds
Losses at Disposition
Other Changes

0
482
528
1,629
393

40
414
861
1,428
180

57
382
120
1,018
278

154
408
181
494
232

0
518
1,959
1,153
91

0
179
298
701
139

0
139
803
587
(98)

0
215
373
616
(20)

$11,523
$12,342
$19,525
$16,708
$2,143

Receivership Assets at End o f Period

$13,200 $10,496

$9,847 $10,064

$6,392

$5,231

$4,068

$2,933

$2,933

Total Assets at End o f Period

$17,543 $14,114 $11,957 $10,401

$6,531

$5,243

$4,068

$2,933

$2,933

67.5%

41.2%

61.6%

48.8%

75.0%

M em o
Rec. Rate on Sales and C o lle ct.***

44.7%

51.3%

40.3%

62.8%

* The 1995 conservatorship balances include assets of one institution resolved on 11/18/94.
* * For receiverships, quarterly paym ents & m aturities and sales proceeds do not sum to in c e p tio n -to -d a te because
they are not reported separately until 1991.
* * *
Recovery rate fo r in c e p tio n -to -d a te is net of putbacks w hile quarterly recovery rates are gross o f putbacks.




40

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Other Loans
(Dollars in Millions)

1989
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning o f Period

1990
2 nd Q tr 3 rd Q tr

1st Qtr

4th Qtr

1st Qtr

1991
2nd Qtr

3rd Qtr

$0

$6,595

$13,942

$10,803

$6,265

$5,866

$7,534

$6,901

ADD
Assets of Institutions Taken Over
New Loans and Purchases

9,018
263

8.289
835

1.781
427

578
337

1.557
249

2,790
160

1,481
128

321
88

LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes at Resolution

1.264
212
31
490
(139)

1.203
66
3
(81)
(220)

1,336
116
5
206
(160)

869
1.491
117
182
(586)

Assets of Resolved Conservatorships

828

806

3,844

3.380

1.181

658

1,033

2.310

Conservatorship Assets at End of Pd.

$6,595

$13,942

$10,803

$6,265

$5,866

$7,534

$6,901

$3,331

$0

$613

$956

$2,914

$4,576

$5,370

$6,058

$5,958

ADD
Assets of Resolved Conservatorships
Assets of Other Resolved Institutions
Asset Putbacks or Repurchases

828
0
19

806
0
10

3.844
0
17

3.380
0
457

1,181
315
1,086

658
161
686

1,033
11
304

2,310
213
152

LESS
Resolution Sales (Gross of Putbacks)
Receivership Payments & M aturities
Receivership Sales Proceeds *
Losses at Disposition
Other Changes

241
N/A
25
0
(33)

432
N/A
84
5
(48)

1.926
N/A
(49)
31
(5)

1.929
N/A
197
8
40

427
N/A
1.082
258
20

324
264
61
36
133

120
549
364
131
284

413
561
327
85
238

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period

603
330
32
40
19

497
286
1
(204)
42

825
433
35
113
(199)

559
545
36
222
306

$613

$956

$2,914

$4,576

$5,370

$6,058

$5,958

$7,010

Total Assets at End of Period

$7,208

$14,899

$13,717

$10,841

$11,236

$13,592

$12,859

$10,341

M em o
Recovery Rate on Sales and C ollect.

98.2%

99.6%

98.9%

97.3%

89.4%

97.5%

93.2%

95.2%

Receivership Assets at End of Period

* Includes both Payments & M aturities and Sales Proceeds until 1991 when they are reported separately.




41

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Other Loans
(Dollars in Millions)

1991
4th Qtr
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning o f Period

1st Qtr

1992
2 nd Q tr 3 rd Q tr

4th Qtr

1st Qtr

1993
2 nd Q tr 3 rd Q tr

$3,331

$2,874

$1,237

$937

$1,526

$2,062

$2,149

$1,831

ADD
Assets o f institutions Taken Over
New Loans and Purchases

429
39

76
27

298
16

835
67

1,000
83

481
459

4
339

0
403

LESS
Cons. Payments & M aturities
Conservatorship Sales Proceeds
Losses at D isposition
O ther Changes D uring Cons.
Changes at Resolution

257
142
5
(96)
(149)

323
463
31
37
(66)

103
260
11
(D
11

192
49
2
19
0

349
161
4
20

560
274
3
16
0

465
26
19
130
0

431
116
16
2
8

Assets o f Resolved Conservatorships

767

951

228

51

13

0

20

43

Conservatorship Assets a t End of Pd.

$2,874

$1,237

$937

$1,526

$2,062

$2,149

$1,831

$1,619

RESOLUTION & RCV AC TIVITY
RCV Assets at Beginning o f Period

$7,010

$6,119

$6,749

$5,916

$5,144

$5,166

$4,724

$3,959

ADD
Assets o f Resolved C onservatorships
Assets of O ther Resolved Institutions
Asset Putbacks or Repurchases

767
124
103

951
488
43

228
199
133

51
0
41

13
0
8

0
0
52

20
0
(47)

43
0
2

LESS
Resolution Sales (Gross o f Putbacks)
Receivership Payments & M aturities
Receivership Sales Proceeds
Losses at D isposition
O ther Changes

174
341
787
296
288

295
261
460
160
(325)

140
325
691
107
132

10
278
396
188
(9)

13
226
121
119
(479)

0
80
209
193
11

2
202
243
316
(25)

7
160
19
193
(53)

Receivership Assets a t End o f Period

$6,119

$6,749

$5,916

$5,144

$5,166

$4,724

$3,959

$3,679

Total Assets at End o f Period

$8,993

$7,986

$6,853

$6,670

$7,228

$6,874

$5,791

$5,298

M em o
Recovery Rate on Sales and C ollect.

85.0%

90.4%

92.8%

82.9%

87.6%

85.1%

73.7%

77.9%




42

(0)

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Other Loans
(Dollars in Millions)

1993
1994
1995*
In c e p t to
4th Q tr 1st Q tr 2d Q tr 3rd Q tr 4 th Q tr 1st Q tr 2d Q tr 3rd Q tr D a t e "
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning of Period
ADD
Assets of Institutions Taken Over
New Loans and Purchases
LESS
Cons. Payments & Maturities
Conservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes at Resolution

$1,619

$1,324

$1,286

$923

$527

$80

$1

$0

$0

0
369

0
378

0
360

0
274

0
82

0
1

0
0

0
0

$28,937
$5,383

427
94
3
61

332
120
13
(64)
1

319
145
1
(34)
(19)

279
69
0
0
15

94
430
3
2

6
48
1

(0)

(D
(23)

0
0
0
(0)
(0)

0
0
0
0
0

$11,296
$5,880
$373
$1,059
($1,162)

(4)

Assets of Resolved Conservatorships

82

15

309

306

0

48

2

0

$16,875

Conservatorship Assets at End of Pd.

$1,324

$1,286

$923

$527

$80

$1

$0

$0

$0

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period

$3,679

$3,203

$2,710

$2,852

$2,534

$2,054

$1,781

$1,506

$0

ADD
Assets of Resolved Conservatorships
Assets of Other Resolved Institutions
Asset Putbacks or Repurchases

82
0
1

15
0
8

309
0
1

306
0
1

0
3
8

48
0
2

2
0
2

0
0
7

$16,875
$1,515
$3,093

LESS
Resolution Sales (Gross of Putbacks)
Receivership Payments & Maturities
Receivership Sales Proceeds
Losses at Disposition
Other Changes

18
191
228
233
(111)

1
109
36
246
123

31
95
39
98
(95)

186
104
149
298
(112)

0
124
104
286
(22)

30
43
51
169
29

1
44
71
125
38

0
103
82
179
37

$6,719
$5,379
$4,460
$3,759
$54

Receivership Assets at End of Period

$3,203

$2,710

$2,852

$2,534

$2,054

$1,781

$1,506

$1,112

$1,112

Total Assets at End of Period

$4,526

$3,995

$3,775

$3,062

$2,133

$1,782

$1,506

$1,112

$1,112

M em o
Rec. Rate on Sales and C ollect.***

80.2%

69.8%

86.4%

72.5%

72.2%

51.4%

48.3%

50.7%

88.1%

* The 1995 conservatorship balances include assets of one institution resolved on 11/18/94.
* * For receiverships, quarterly payments & maturities and sales proceeds do not sum to in c e p tio n -to -d a te because
they are not reported separately until 1991.
* * * Recovery rate for in c e p tio n -to -d a te is net of putbacks while quarterly recovery rates are gross o f putbacks.




43

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Real Estate Owned
(Dollars in Millions)

1st Q tr

1990
2nd Q tr 3rd Q tr

$0

$12,946

$14,049

$11,235

$9,674

$8,855

$8,921

$10,892

ADD
Assets o f Institutions Taken Over
New Loans and Purchases

14,576
862

2,307
2,001

2,905
436

490
374

863
216

1,532
239

3,348
322

965
190

LESS
Cons. Payments & Maturities
Conservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes at Resolution

0
1,400
276
(1.114)
256

0
620
194
880
552

0
564
225
156
724

0
368
154
(10)
301

0
306
115
124
330

0
545
280
91
136

0
363
174
222
1,430

Assets of Resolved Conservatorships

1,675

958

4,486

1,612

1,023

1,290

645

3,520

Conservatorship Assets at End of Pd.

$12,946

$14,049

$11,235

$9,674

$8,855

$8,921

$10,892

$6,338

$0

$1,707

$2,672

$7,048

$8,602

$9,251

$10,289

$10,486

1,675
0
5

958
0
1

4,486
0
3

1,612
0
7

1,023
61
4

1,290
93
3

645
0
7

3,520
117
8

1989
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning of Period

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period
ADD
Assets of Resolved Conservatorships
Assets of Other Resolved Institutions
Asset Putbacks or Repurchases

4th Q tr

1st Q tr

1991
2 n d Q tr

0
314
92
54
(44)

3 rd Q tr

LESS
Resolution Sales (Gross o f Putbacks)
Receivership Payments & Maturities
Receivership Sales Proceeds *
Losses at Disposition
Other Changes

4
N/A
63
22
(116)

34
N/A
22
7
(70)

57
N/A
133
55
(132)

8
N/A
177
83
(202)

6
N/A
281
77
75

Receivership Assets at End of Period

$1,707

$2,672

$7,048

$8,602

$9,251

$10,289

$10,486

$13,102

$14,653

$16,722

$18,283

$18,276

$18,106

$19,210

$21,378

$19,440

83.1%

77.0%

72.9%

70.0%

75.5%

73.9%

66.9%

65.2%

Total Assets at End of Period
M em o
Recovery Rate on Sales and Collect.

15
0
293
127
(88)

* Includes both Payments & Maturities and Sales Proceeds until 1991 when they are reported separately.




44

2
0
473
224
(243)

43
0
595
360
31

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Real Estate Owned
(Dollars in Millions)

1991
4th Q tr
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning of Period

1st Q tr

1992
2nd Q tr 3rd Q tr

4 th Q tr

1st Q tr

1993
2nd Q tr 3rd Qtr

$6,338

$5,128

$3,449

$1,483

$2,836

$2,980

$2,646

$2,421

ADD
Assets of Institutions Taken Over
New Loans and Purchases

277
107

40
91

196
19

1,615
37

661
59

245
44

199
33

1
34

LESS
Cons. Payments & Maturities
Conservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes at Resolution

0
316
194
494
416

0
310
204
212
296

0
156
55
31
4

0
175
37

0
320
43
208
2

0
524
128
(30)
0

0
376
105
(45)

Assets of Resolved Conservatorships

175

788

1,935

117

2

1

25

72

Conservatorship Assets at End o f Pd.

$5,128

$3,449

$1,483

$2,636

$2,960

$2,646

$2,421

$1,946

$13,102

$11,930

$11,845

$12,922

$11,066

$9,929

$8,340

$6,971

ADD
Assets of Resolved Conservatorships
Assets of Other Resolved Institutions
Asset Putbacks or Repurchases

175
54
8

788
419
3

1,935
79
3

117
0
1

2
0
97

1
0
1

25
0
4

72
0
1

LESS
Resolution Sales (Gross of Putbacks)
Receivership Payments & Maturities
Receivership Sales Proceeds
Losses at Disposition
Other Changes

10
0
851
500
47

113
0
645
533
4

0
0
888
1,148
(61)

2
0
562
952
(280)

1
0
589
1,044
(43)

Receivership Assets at End of Period

$11,930

$11,845

$12,922

$11,066

$9,929

$8,340

$6,971

$5,673

Total Assets at End of Period

$17,058

$15,294

$14,405

$13,902

$12,909

$10,985

$9,392

$7,619

62.9%

59.2%

51.3%

47.3%

47.1%

48.7%

49.1%

39.4%

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning o f Period

M em o
Recovery Rate on Sales and Collect.




45

9
0
516
590
(175)

(1)
(30)

(3)

3
0
549
856
(10)

0
228
174
36
0

2
0
538
1,009
(177)

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Real Estate Owned
(Dollars in M illions)

1993
1994
1995*
In c e p t to
4 th Q tr 1st Q tr 2d Q tr 3 rd Q tr 4th Q tr 1st Q tr 2d Q tr 3 rd Q tr D a te **
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning of Period

$1(946

$1,102

$764

$463

$22

$15

$7

$0

$0

ADD
Assets of Institutions Taken Over
New Loans and Purchases

0
35

0
50

0
23

0
21

0
2

0
1

0
0

0
0

$30,221
$5,199

LESS
Cons. Payments & Maturities
Conservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes at Resolution

0
273
111
131
(17)

0
161
34
130
23

0
81
22
93
(143)

0
32
10
53
13

0
7
0
1
(0)

0
2
1
1
(2)

0
1
0
0
0

0
0
0
0
0

$0
$7,443
$2,630
$1,718
$4,245

Assets of Resolved Conservatorships

382

40

270

353

0

7

7

0

$19,383

Conservatorship Assets at End of Pd.

$1,102

$764

$463

$22

$15

$7

$0

$0

$0

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period

$5,673

$4,865

$4,007

$3,191

$2,760

$2,036

$1,740

$1,491

$0

ADD
Assets of Resolved Conservatorships
Assets of Other Resolved Institutions
Asset Putbacks or Repurchases

382
0
1

40
0
2

270
3
2

353
0
2

0
0
2

7
0
0

7
31
2

0
0
4

$19,383
$856
$173

LESS
Resolution Sales (Gross of Putbacks)
Receivership Payments & Maturities
Receivership Sales Proceeds
Losses at Disposition
Other Changes

0
0
455
864
(128)

0
0
271
703
(75)

1
0
321
666
103

0
0
306
435
45

0
0
338
437
(49)

0
0
156
179
(32)

0
0
154
125
9

Receivership Assets at End of Period

$4,865

$4,007

$3,191

$2,760

$2,036

$1,740

$1,491

$1,170

$1,170

Total Assets at End of Period

$5,966

$4,771

$3,654

$2,782

$2,051

$1,747

$1,491

$1,170

$1,170

M em o
Rec. Rate on Sales and Collect * * *

42.8%

37.0%

36.9%

43.2%

44.1%

46.8%

55.4%

51.4%

55.1%

$308
0
$0
0
182
$9,361
172 $11,168
(28) ($1,595)

* The 1995 conservatorship balances include assets of one institution resolved on 11/18/94.
* * For receiverships, quarterly payments & maturities and sales proceeds do not sum to inception - t o - date because
they are not reported separately until 1991.
* * * Recovery rate for in c e p tio n -to -d a te is net of putbacks while quarterly recovery rates are gross of putbacks.




46

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Other Assets
(Dollars in Millions)

1989

1990
2nd Qtr 3rd Qtr

1st Qtr

4th Qtr

1st Qtr

1991
2nd Qtr

3rd Qtr

CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning o f Period

$0

$7,511

$10,930

$9,234

$6,786

$6,826

$6,970

$6,068

12,909
23

5,725
74

2,470
42

723
151

1,455
19

1,961
27

1,549
212

697
120

174
330
5
4,090
159

41
258
6
1,733
(156)

97
223
5
822
54

216
85
20
426
97

413
111
10
317
(1,765)

263
87
103
817
271

210
52
12
250
(2,364)

ADD
Assets of Institutions Taken Over
New Loans and Purchases

LESS
Cons. Payments & Maturities
Conservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes at Resolution

98
123
29
302
(274)

Assets of Resolved Conservatorships

663

499

3,931

2,121

590

2,757

1,123

5,204

Conservatorship Assets at End of Pd.

$7,511

$10,930

$9,234

$6,786

$6,826

$6,970

$6,068

$3,521

$0

$488

$956

$4,473

$5,381

$5,204

$7,792

$9,942

663
0
0

499
0
2

3,931
0
24

2,121
1
10

590
219
65

2,757
311
35

1,123
6
177

5,204
124
104

152
N/A
(24)
(22)
69

5
N/A
29

246
N/A
1,014
31
(68)

73
N/A
435
128
416

194
236
263
15
(193)

37
261
192
25
(1,359)

220
592
395
81
499

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period

ADD
Assets of Resolved Conservatorships
Assets of Other Resolved institutions
Asset Putbacks or Repurchases

LESS
Resolution Sales (Gross of Putbacks)
Receivership Payments & Maturities
Receivership Sales Proceeds *
Losses at Disposition
Other Changes
Receivership Assets at End o f Period

(0)
(D

352
N/A
102
(19)
4

$488

$956

$4,473

$5,381

$5,204

$7,792

$9,942

$13,587

Total Assets at End of Period

$7,999

$11,886

$13,707

$12,167

£12,030

$14,762

$16,010

$17,108

M em o
Recovery Rate on Sales and Collect.

102.8%

98.4%

98.6%

97.8%

84.6%

98.0%

86.8%

94.0%

* Includes both Payments & Maturities and Sales Proceeds until 1991 when they are reported separately.




47

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Other Assets
(Dollars in M illions)

1991
4 th Q tr
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning of Period

1st Q tr

1992
2 n d Q tr 3rd Q tr

4 th Q tr

1st Q tr

1993
2 n d Q tr 3 rd Q tr

$3,521

$3,695

$2,496

$2,392

$3,233

$4,000

$4,117

$4,352

ADD
Assets of Institutions Taken Over
New Loans and Purchases

556
240

151
169

213
36

912
64

1,588
30

131
172

161
71

19
386

LESS
Cons. Payments & Maturities
Conservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes at Resolution

190
62
0
169
(42)

562
86

113
64
2
8

42
37
7
(123)

332
29
4
(32)
(69)

Assets of Resolved Conservatorships

243

Conservatorship Assets at End of Pd.

33
253
3
(230)
(5,153)

24
191
2
(277)
36

1,393

5,447

160

8

1

36

354

$3,695

$2,496

$2,392

$3,233

$4,000

$4,117

$4,352

$4,139

$13,587

$12,487

$13,017

$18,297

$14,129

$12,841

ADD
Assets of Resolved Conservatorships
Assets of Other Resolved Institutions
Asset Putbacks or Repurchases

243
39
17

1,393
556
70

5,447
108
13

160
0
23

8
0
10

1
0
1

LESS
Resolution Sales (Gross of Putbacks)
Receivership Payments & Maturities
Receivership Sales Proceeds
Losses at Disposition
Other Changes

15
1,424
282
302
(624)

153
1,075
273
175
(185)

24
680
7
747
(1,171)

0
3,205
469
1,000
(323)

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning o f Period

(6)
(466)
(50)

69
247
14
513
(0)

8
(196)
344
1,504
(355)

W

1
375
149
544
(536)

(4)

$12,310 $11,972

36
0
1

354
5
0

1
258
79
450
(413)

1
560
48
385
(338)

Receivership Assets at End o f Period

$12,487

$13,017

$18,297

$14,129

$12,841

$12,310

$11,972 $11,677

Total Assets at End o f Period

$16,182

$15,513

$20,690

$17,362

$16,841

$16,427

$16,324 $15,816

86.7%

92.7%

57.1%

79.5%

23.7%

56.2%

M em o
Recovery Rate on Sales and Collect.




48

47.7%

71.4%

TABLE II: RTC ASSET ACTIVITY, 1989 - SEPTEMBER 1995
Other Assets
(Dollars in Millions)

1995*
1993
1994
In cep t to
4 th Q tr 1st Q tr 2d Q tr 3rd Q tr 4th Q tr 1st Q tr 2d Q tr 3rd Q tr D a te **
CONSERVATORSHIP ACTIVITY
Cons. Assets at Beginning o f Period

$4,139

$3,519

$3,598

$2,468

$512

$272

$75

$0

$0

ADD
Assets of Institutions Taken Over
New Loans and Purchases

0
55

0
87

0
77

0
46

0
13

0
9

0
0

0
0

$31,221
$2,124

LESS
Cons. Payments & Maturities
Conservatorship Sales Proceeds
Losses at Disposition
Other Changes During Cons.
Changes at Resolution

146
91
3
(245)
(222)

92
29
2
(265)

135
61
6
(275)
26

107
0
0
125
(72)

53
135
(12)
(2)
10

15
0
1
2
(9)

0
0
0
0
0

$3,926
$2,647
$305
$7,228
($9,533)

Assets of Resolved Conservatorships

903

156

1,254

1,841

0

22

66

0

$28,773

Conservatorship Assets at End of Pd.

$3,519

$3,598

$2,468

$512

$272

$75

$0

$0

$0

$11,677 $11,736

$9,770

$8,565

$8,121

$5,776

$5,322

$4,616

$0

0
1
0

22
0
1

66
17
2

0
0
0

$28,773
$1,389
$557

RESOLUTION & RCV ACTIVITY
RCV Assets at Beginning of Period

(6)

501
93
90
(431)
(0)

ADD
Assets of Resolved Conservatorships
Assets of Other Resolved Institutions
Asset Putbacks or Repurchases

903
0
0

156
0
0

1,254
2
1

1,841
0
1

LESS
Resolution Sales (Gross of Putbacks)
Receivership Payments & Maturities
Receivership Sales Proceeds
Losses at Disposition
Other Changes

1
350
64
622
(193)

0
440
60
2,097
(474)

7
663
34
1,427
332

7
589
55
1,339
296

0
617
147
1,648
(66)

0
292
39
441
(296)

0
287
20
675
(191)

0
250
40
753
176

$1,499
$13,295
$3,177
$14,345
($4,995)

$9,770

Receivership Assets at End of Period

$11,736

$8,565

$8,121

$5,776

$5,322

$4,616

$3,398

$3,398

Total Assets at End of Period

$15,255 $13,368 $11,033

$8,633

$6,048

$5,397

$4,616

$3,398

$3,398

36.2%

43.9%

54.8%

32.3%

27.8%

62.1%

M em o
Rec. Rate on Sales and C ollect.***

51.0%

22.9%

38.5%

* The 1995 conservatorship balances include assets of one institution resolved on 11/18/94.
* * For receiverships, quarterly payments & maturities and sales proceeds do not sum to in c e p tio n -to -d a te because
they are not reported separately until 1991.
* * * Recovery rate for in c e p tio n -to -d a te is net of putbacks while quarterly recovery rates are gross of putbacks.




49

TABLE III: RTC RESOLUTIONS BY TRANSACTION TYPE, 1989 - JUNE 1995
(Dollars in Billions)

Type of Transaction

1989
1990
1991
3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr

P&A
W hole B ank
N o n -A R P
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost o f Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

7
$8,605
$1,810
907
$7,792
$4,342
44.2%
38.9%
$215
4.0%
3.9%

11
$6,440
$3,298
718
$5,904
$3,233
40.5%
33.1%
$214
4.6%
4.5%

72
$32,784
$8,310
2,801
$27,325
$12,298
33.5%
24.7%
$517
2.9%
2.4%

38
512,600
$4,169
1,565
510,833
$2,531
18.9%
14.0%
$304
3.4%
3.0%

,
22
$2,524
$1,186
385
$2,766
$855
28.0%
20.2%
$53
2.1%
1.9%

6
$7,339
$875
508
$6,016
$3,935
44.3%
31.0%
$40
1.0%
0.5%

28
$1,896
$617
219
$1,890
$688
30.8%
22.1%
$28
1.8%
1.4%

ARP
Number o f Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number o f Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost o f Resolution
Estimated CosVLiabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

2
$30
$20
3
$29
$2
7.5%
7.2%
$2
10.9%
10.7%

4
$3,632
$1,148
557
$3,775
$577
14.3%
13.1%
$77
2.3%
2.3%

3
$3,487
$2,433
447
$2,848
$343
10.1%
9.2%
$3
0.1%
0.1%

1
$38
$33
4
$33
$0
0.0%
0.0%
$2
6.1%
6.2%

B ra nch D eal
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net o f Putbacks)
Number o f Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost o f Resolution
Estimated CosVLiabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

6
$3,825
$386
468
$3,358
$805
19.0%
14.6%
$46
1.6%
1.5%

9
H 4,912
$3,718
1,677
£13,485
$3,594
22.5%
16.3%
$193
1.6%
1.4%

8
$1,022
$383
168
$1,031
$341
28.8%
21.7%
$17
1.7%
1.5%

6
$3,240
$456
402
$3,164
$1,678
40.7%
26.4%
$71
2.3%
1.9%

5
$7,333
$2,689
336
$4,576
$913
14.5%
9.0%
$30
1.1%
0.9%

M ixed D eal
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated CosVLiabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%




50

TABLE III: RTC RESOLUTIONS BY TRANSACTION TYPE, 1989 - JUNE 1995
(Dollars in Billions)

Type of Transaction
IDT
Whole Bank
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

1991
1990
1989
3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr
20
$1,236
$58
$115
$1,537
$958
55.5%
53.5%
$9
1.2%
1.1%

6
$770
$334
$82
$946
$453
44.3%
40.3%
$2
0.3%
0.3%

3
$262
$70
$33
$255
$169
50.1%
45.5%
$1
0.4%
0.4%

51
$5,071
$680
$517
$5,255
$3,316
48.2%
40.5%
$19
0.5%
0.5%

17
$1,550
$191
$191
$1,653
$929
44.6%
34.4%
$3
0.2%
0.2%

11
$1,330
$143
$117
$1,581
$957
54.3%
41.3%
$1
0.1%
0.1%

4
$441
$28
$55
$375
$243
47.7%
39.7%
$1
0.2%
0.2%

4
$317
$85
$36
$296
$69
21.8%
16.7%
$0
0.2%
0.1%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

7
$982
$133
$180
$976
$418
35.5%
27.5%
$5
0.5%
0.4%

1
$128
$1
$11
$116
$55
39.1%
31.7%
$2
2.3%
2.3%

1
$1,967
$10
$264
$1,699
$886
35.8%
24.1%
$22
1.3%
1.1%

2
$6,104
$760
$585
$5,317
$2,698
36.4%
25.0%
$42
0.8%
0.7%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

1
$1,411
$25
$96
$1,323
$785
52.9%
39.7%
$6
0.9%
0.7%

1
$324
($0)
$31
$366
$316
60.7%
49.4%
$0
0.1%
0.1%

1
$113
$1
$15
$100
$33
30.1%
24.4%
$1
0.6%
0.5%

2
$316
$33
$58
$331
$217
57.7%
50.5%
$2
0.8%
0.6%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

4
$1,767
$175
$239
$2,217
$1,837
58.3%
48.6%
$5
0.3%
0.3%

4
$196
25
$264
$155
57.3%
53.8%

0
$0
0
$0
$0
0.0%
0.0%

0
$0
0
$0
$0
0.0%
0.0%

18
$1,370
85
$1,382
$1,072
57.8%
55.1%

11
$1,383
69
$1,476
$1,157
60.7%
58.5%

18
$1,994
145
$2,141
$1,658
56.0%
47.3%

1
$21
1
$19
$24
65.9%
73.6%

14
$1,399
157
$1,542
$1,234
58.3%
47.4%

Branch Deal
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated CostyLiabilrties at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

Mixed Deal
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

PAYOUT
Number of Institutions
Total Assets at Resolution
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover




51

TABLE III: RTC RESOLUTIONS BY TRANSACTION TYPE, 1989 - JUNE 1995
(Dollars in Billions)

Type of Transaction
Total During Quarter
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover
Average Number of Bids Received

1989
1990
1991
3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr
24
$1,432
$58
140
$1,801
$1,113
55.8%
53.6%
$9
1.0%
0.9%
1.88

13
$9,375
$2,145
989
$8,738
$4,795
44.2%
39.0%
$217
3.6%
3.5%
3.23

15
$8,113
$3,393
847
$7,482
$4,188
42.7%
34.6%
$221
4.1%
3.8%
5.80

155
$44,355
$9,509
4,084
$38,662
$18,225
35.5%
27.0%
$588
2.3%
1.9%
3.50

79
$30,715
$8,102
3,531
$27,693
$8,301
24.7%
18.3%
$505
2.2%
2.0%
3.75

24
$1,432
$58
140
$1,801
$1,113
55.8%
53.6%
$9
1.0%
0.9%
1.88

37
$10,807
$2,203
1,130
$10,539
$5,908
46.0%
41.1%
$226
3.3%
3.1%
2.35

52
$18,920
$5,596
1,977
$18,021
$10,095
44.6%
38.1%
$447
3.6%
3.4%
3.35

207
$63,275
$15,105
6,060
$56,683
$28,320
38.2%
30.1%
$1,035
2.7%
2.3%
3.46

286
374
430
352
$93,990 $106,774 $127,407 $140,157
$23,207 $26,109 $30,662 $34,262
9,591
11,286
13,285
14,276
$84,376 $97,700 $115,439 $125,992
$36,621 $42,112 $51,033 $55,775
34.4%
34.0%
34.1%
34.5%
26.1%
26.3%
26.4%
26.3%
$1,540
$1,870
$1,935
$1,713
2.0%
2.5%
2.4%
2.1%
1.7%
1.8%
2.2%
2.1%
3.54
3.95
3.92
4.12

66
$12,784
$2,903
1,695
$13,324
$5,491
34.7%
27.3%
$173
1.6%
1.4%
5.59

22
$20,633
$4,552
1,999
$17,739
$8,921
36.7%
26.1%
$157
1.1%
0.8%
7.32

56
$12,750
$3,600
991
$10,554
$4,741
33.6%
23.7%
$65
0.9%
0.7%
2.79

Cumulative to End of Quarter
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated CosVLiabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover
Average Number of Bids Received




52

TABLE III: RTC RESOLUTIONS BY TRANSACTION TYPE, 1989 - JUNE 1995
(Dollars in Billions)

Type of Transaction
P&A
Whole Bank

1992
1993
1991
3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr

Non-ARP
58
$15,946
$2,859
1,590
$15,650
$7,724
39.6%
25.5%
$293
2.2%
1.9%

15
$1,254
$751
200
$1,164
$254
19.5%
13.8%
$27
2.5%
2.2%

25
$5,669
$684
588
$4,707
$1,795
30.4%
19.9%
$71
1.7%
1.3%

3
$8,497
$553
349
$3,756
$227
5.6%
3.4%
$120
4.3%
3.8%

1
$1,266
$58
118
$875
$529
41.3%
262%
$82
9.6%
7.0%

1
$211
$211
22
$198
$0
0.1%
0.1%
$15
8.2%
6.8%

1
$10
$9
1
$8
$0
0.9%
0.7%
$0
3.8%
3.3%

1
$91
$91
17
$87
$0
05%
0.4%
$1
1.0%
0.7%

16
$3,540
$1,286
491
$3,522
$315
8.6%
8.4%
$107
3.4%
3.4%

1
$1,040
$431
112
$968
$111
10.6%
10.5%
$20
2.6%
2.6%

5
$6,164
$1,293
700
$5,694
$1,163
18.4%
18.3%
$134
2.7%
2.9%

4
$3,273
$1,186
293
$2,781
$302
9.1%
9.1%
$146
6.5%
6.7%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

Number o f Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

13
$3,923
$654
623
$3,939
$1,417
31.2%
20.4%
$54
1.5%
1.3%

3
$1,551
$324
313
$2,083
$1,254
54.4%
19.8%
$31
1.5%
1.0%

14
$2,850
$682
385
$2,821
$759
25.1%
15.7%
$59
2.3%
1.9%

2
$353
$249
38
$352
$30
8.6%
6.2%
$2
0.5%
0.5%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

1
$531
$400
52
$454
$3
0.6%
0.4%
$0
0.0%
0.0%

Mixed Deal
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number o f Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

9
$9,737
$614
$706
$7,382
$3,869
35.3%
27.7%
$31
0.6%
0.5%

1
$631
$61
$8
$328
$752
76.4%
80.5%
$0
0.0%
0.0%

7
$6,184
$485
$526
$5,635
$1,751
27.8%
16.3%
$31
0.7%
0.6%

1
$745
$22
$44
$566
$12
2.2%
1.1%
$1
0.1%
0.1%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0% I

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

Number of institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number o f Deposit Accounts ( 0 0 0 s )
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated CosVLiabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

ARP
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated CosVLiabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

Branch Deal




53

TABLE III: RTC RESOLUTIONS BY TRANSACTION TYPE, 1989 - JUNE 1995
(Dollars in Billions)

Type of Transaction
IDT

1991
1993
1992
3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr

Whole Bank
6
$252
$43
$52
$558
$385
68.4%
53.8%
$0
0.1%
0.1%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

1
$2
$1
$1
$5
$0
7.4%
2.7%
$0
1.0%
0.4%

1
$101
$2
$7
$86
$18
19.7%
12.5%
$0
0.4%
0.4%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

1
$96
$25
$7
$86
$51
46.7%
32.5%
$0
0.1%
0.1%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

Number of Institutions
Total Assets at Resolution
Number o f Deposit Accounts (000s)
Number o f Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated CosVLiabilities at Resolution
Estimated Cosi/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

12
$5,537
$918
$268
$5,796
$1,394
23.1%
14.0%
$23
1.0%
0.4%

1
$134
$39
$24
$101
$61
40.8%
32.8%
$0
0.4%
0.4%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

PAYOUT
Number of Institutions
Total Assets at Resolution
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated CosVLiabilities at Resolution
Estimated CosVLiabilities at Takeover

18
$1,087
122
$1,373
$1,072
60.3%
45.9%

0
$0
0
$0
$0
0.0%
0.0%

4
$170
10
$117
$61
34.7%
27.2%

0
$0
0
$0
$0
0.0%
0.0%

0
$0
0
$0
$0
0.0%
0.0%

0
$0
0
$0
$0
0.0%
0.0%

0
$0
0
$0
$0
0.0%
0.0%

1
$94
1
$47
$19
21.4%
18.2%

Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net o f Putbacks)
Number o f Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

Branch Deal
Number of Institutions
Total Assets at Resolution
Total Assets at Resolution
Number o f Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

Mixed Deal




54

TABLE III: RTC RESOLUTIONS BY TRANSACTION TYPE, 1989 - JUNE 1995
(Dollars in Billions)

Type of Transaction
Total During Quarter
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated C ost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover
Average Number of Bids Received

1993
1992
1991
3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr
133
$40,118
$6,399
3,859
$38,305
$16,227
34.4%
23.8%
$512
1.8%
1.4%
6.14

21
$4,609
$1,605
656
$4,643
$2,432
42.0%
23.5%
$78
1.9%
1.5%
6.14

56
$21,039
$3,144
2,210
$18,979
$5,530
25.4%
17.7%
$295
1.8%
1.6%
9.43

11
$12,968
$2,013
730
$7,541
$590
7.0%
5.0%
$269
4.6%
4.4%
13.27

1
$1,266
$58
118
$875
$529
41.3%
26.2%
$82
9.6%
7.0%
21.00

1
$211
$211
22
$198
$0
0.1%
0.1%
$15
8.2%
6.8%
2.00

1
$10
$9
1
$8
$0
0.9%
0.7%
$0
3.8%
3.3%
1.00

3
$715
$491
69
$588
$22
3.5%
2.2%
$1
0.2%
0.1%
16.00

Cumulative to End of Quarter
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated C ost of Resolution
Estimated CosVLiabilities at Resolution
Estimated CosVLiabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover
Average Number of Bids Received




563
584
640
651
652
653
654
657
$180,276 $184,885 $205,924 $218,892 $220,158 $220,369 $220,379 $221,094
$40,661 $42,266 $45,410 $47,423 $47,482 $47,693 $47,702 $48,193
18,135
21,732
21,850
18,792
21,002
21,872
21,873
21,942
$164,298 $168,941 $187,919 $195,460 $196,335 $196,532 $196,541 $197,129
$72,001 $74,433 $79,963 $80,553 $81,082 $81,082 $81,082 $81,104
32.9%
34.4%
32.9%
32.9%
32.8%
34.6%
33.8%
32.9%
24.0%
24.0%
23.9%
25.5%
25.5%
24.7%
24.0%
24.0%
$3,170
$2,447
$2,525
$2,820
$3,088
$3,185
$3,185
$3,186
2.0%
2.1%
2.0%
2.0%
2.1%
2.1%
2.1%
2.1%
1.8%
1.8%
1.7%
1.6%
1.6%
1.7%
1.8%
1.8%
4.47
4.53
4.95
5.10
5.12
5.11
5.11
5.16

55

TABLE III: RTC RESOLUTIONS BY TRANSACTION TYPE, 1989 - JUNE 1995
(Dollars in Billions)

Type of Transaction

1993
1994
1995
3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr

TOTAL

P&A

Whole Bank
Non-ARP
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

13
$658
$288
87
$631
$136
19.7%
9.5%
$30
5.4%
3.6%

3
$434
$186
63
$463
$85
17.5%
8.8%
$39
8.6%
6.2%

9
$249
$30
28
$171
$117
39.7%
18.0%
$8
5.2%
2.2%

14
$1,769
$425
311
$1,892
$629
28.7%
11.9%
$158
9.3%
4.5%

10
$2,045
$727
278
$1,941
$473
19.7%
9.7%
$243
14.0%
7.5%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

338
$110,288
$27,139
10,756
$94,069
$39,851
33.1%
23.1%
$2,459
3.4%
2.7%

ARP
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

1
$44
$25
7
$37
$3
7.3%
6.9%
$2
5.3%
5.3%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

1
$85
$58
5
$87
$9
10.2%
10.0%
$1
2.4%
2.4%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

1
$44
$0
1
$37
$11
26.7%
25.0%
$0
0.9%
0.8%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

2
$426
$39
5
$408
$66
16.0%
15.3%
$20
7.6%
8.5%

41
$21,801
$7,952
$2,626
$20,220
$2,902
0.0%
0.0%
$516
2.9%
3.0%

3
$702
$249
143
$729
$85
11.4%
5.0%
$42
6.1%
3.9%

1
$78
$8
11
$63
$7
8.5%
6.3%
$6
10.8%
8.3%

5
$437
$133
72
$453
$181
34.0%
19.4%
$39
9.6%
6.0%

12
$2,998
$689
585
$4,377
$2,059
41.1%
12.7%
$276
7.1%
3.0%

5
$4,510
$809
423
$3,630
$717
15.3%
8.0%
$264
9.0%
5.6%

1
$232
$2
29
$97
$385
398.4%
22.3%
$8
9.2%
1.8%

1
$1,266
$43
155
$1,369
$276
20.0%
5.8%
$134
11.4%
5.9%

0
$0
$0
0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

95
$49,763
$11,874
5,879
$45,981
$14,502
0.1%
0.1%
$1,274
3.2%
2.3%

1
$887
$219
$244
$754
$113
14.9%
8.9%
$14
3.1%
1.3%

1
$3,957
$1,246
$441
$4,715
$1,511
30.3%
12.2%
$166
5.2%
2.6%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

2
$1,330
$49
$132
$1,256
$473
22.1%
4.4%
$52
6.1%
1.0%

1
$1,495
$72
$41
$350
$1,612
74.0%
63.8%
$35
11.2%
2.5%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

23
$24,966
$2,769
$2,141
$20,987
$10,092
34.9%
18.8%
$329
2.3%
1.3%

Branch Deal
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Uabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

Mixed Deal
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover




56

TABLE III: RTC RESOLUTIONS BY TRANSACTION TYPE, 1989 - JUNE 1995
(Dollars in Billions)

Type of Transaction

1994
1995
1993
3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr

TOTAL

IDT

Whole Bank
0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

124
$11,333
$1,636
$1,206
$12,546
$7,498
49.0%
40.8%
$36
0.4%
0.4%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

12
$9,277
$930
$1,047
$8,194
$4,108
36.3%
0.0%
$71
0.0%
0.0%

Number of Institutions
Total Assets at Resolution
Number of Deposit Accounts (000s)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

0
$0
$0
$0
$0
$0
0.0%
0.0%
$0
0.0%
0.0%

22
$9,601
$1,190
$732
$10,234
$4,645
39.2%
27.1%
$38
0.7%
0.4%

PAYOUT
Number of Institutions
Total Assets at Resolution
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover

0
$0
0
$0
$0
0.0%
0.0%

0
$0
0
$0
$0
0.0%
0.0%

1
$8
1
$5
$17
94.9%
69.1%

2
$108
2
$32
$32
29.8%
25.7%

0
$0
0
$0
$0
0.0%
0.0%

0
$0
0
$0
$0
0.0%
0.0%

0
$0
0
$0
$0
0.0%
0.0%

0
$0
0
$0
$0
0.0%
0.0%

92
$7,830
619
$8,396
$6,500
57.5%
49.4%

Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

Branch Deal
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover

Mixed Deal




57

TABLE III: RTC RESOLUTIONS BY TRANSACTION TYPE, 1989 - JUNE 1995
(Dollars in Billions)

Type of Transaction
Total During Quarter
Number of Institutions
Total Assets at Resolution
Total Assets Passed (Net of Putbacks)
Number of Deposit Accounts (000s)
Total Deposits at Resolution
Estimated Cost of Resolution
Estimated Cost/Liabilities at Resolution
Estimated Cost/Liabilities at Takeover
Premium over Payout
Premium/Core Deposits at Resolution
Premium/Core Deposits at Takeover
Average Number of Bids Received

1993
1994
1995
3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr
18
$2,291
$782
481
$2,151
$337
15.1%
7.6%
$88
5.0%
2.9%
14.00

5
$4,470
$1,441
515
$5,241
$1,603
28.9%
12.0%
$211
5.7%
3.0%
37.60

15
$694
$163
100
$629
$314
37.2%
19.6%
$47
8.4%
4.6%
19.33

31
$6,291
$1,220
1,035
$7,645
$3,202
33.6%
9.9%
$488
7.5%
2.7%
27.94

16
$8,051
$1,608
742
$5,922
$2,801
30.3%
17.1%
$542
10.9%
5.8%
21.38

2
$276
$2
30
$134
$396
285.7%
22.3%
$8
8.7%
1.8%
22.50

1
$1,266
$43
155
$1,369
$276
20.0%
5.8%
$134
11.4%
5.9%
50.00

TOTAL

2
$426
$39
5
$408
$66
16.0%
15.3%
$20
7.6%
42.3%
14.50

747
$244,860
$53,490
25,005
$220,628
$90,099
32.6%
21.8%
$4,724
2.8%
2.1%
7.30

675
680
695
Number of Institutions
726
744
745
747
742
$223,386 $227,855 $228,549 $234,840 $242,891 $243,167 $244,433 $244,860
Total Assets at Resolution
Total Assets Passed (Net of Putbacks) $48,975 $50,416 $50,579 $51,799 $53,407 $53,409 $53,451 $53,490
23,038
24,073
Number of Deposit Accounts (000s)
22,423
22,938
24,815
24,844
24,999
25,005
$199,280 $204,522 $205,151 $212,795 $218,717 $218,851 $220,220 $220,628
Total Deposits at Resolution
Estimated Cost of Resolution
$81,441 $83,044 $83,358 $86,560 $89,361 $89,757 $90,033 $90,099
Estimated CosVLiabilities at Resolution 32.6%
32.6%
32.6%
32.6%
32.5%
32.7%
32.6%
32.6%
Estimated CosVLiabilities at Takeover
23.7%
23.3%
23.3%
22.0%
22.2%
22.0%
21.8%
21.8%
Premium over Payout
$3,274
$3,485
$3,531
$4,019
$4,561
$4,570
$4,704
$4,724
Premium/Core Deposits at Resolution
2.1%
2.2%
2.2%
2.5%
2.7%
2.7%
2.8%
2.8%
Premium/Core Deposits at Takeover
1.8%
1.8%
1.8%
1.9%
2.1%
2.1%
2.1%
2.1%
5.39
5.63
5.93
Average Number of Bids Received
6.87
7.18
7.28
7.22
7.30

747
$244,860
$53,490
25,005
$220,628
$90,099
32.6%
21.8%
$4,724
2.8%
2.1%
7.30

Cumulative to End of Quarter




58

TABLE IV: CONSERVATO RSHIP BALANCE SHEET AND INCOM E STATEM ENT, 1989 - MARCH 1995
(Dollars in Millions)

1989
1st Q tr 2 nd Q tr 3 rd Q tr
BA LA N C E SH EET
N um ber of Institutions
Cash & Investment Securities
Mortgage Backed Securities
1 - 4 Family Mortgages
Construction & Land
O ther Mortgages
T o ta l M o rtg a g e s
Other Loans
Real Estate Owned
Other Assets
T o ta l A sse ts (G ro ss)
Valuation Allowances and Other Contra Assets
T o ta l A sse ts (Net)

4 th Q tr

256
281
175
232
$6,795 $10,508 $10,692 $11,343
8,963
8,203
11,259
11,705
27,254 29,629 33,019
21,407
9,368
8,831
9,335
6,138
16,237
15,032
15,621
13,129
51,654 54,081
58,591
40,674
6,826
6,657
4,898
6,453
12,871
13,576
12,877
9,821
7,524
7,255
7,215
8,423
80,662 101,613 101,662 104,926
10,883
12,455
7,740
11,007
92,471
72,922
90,606 90,779

1 st Q tr
350
$21,930
21,214
50,671
10,108
21,235
82,014
13,609
14,092
11,057
163,916
14,497
149,419

1990
2nd Q tr 3rd Qtr 4th Qtr
247
206
179
$18,592 $14,975 $14,747
15,858
10,021
9,570
37,722
25,797 24,022
7,161
5,869
6,370
15,559
11,436
11,199
60,441
43,101
41,591
10,783
6,233
5,864
11,155
9,618
8,858
8,767
6,748
6,859
125,598
90,696 87,489
9,981
8,596
8,829
115,617
82,100 78,660

Deposits
FHLB Advances
Reverse Repurchase Agreements
Other Borrowing
Other Liabilities
T o ta l L ia b ilitie s
Equity Capital
Redeemable Prefered Stock
T o ta l L ia b ilitie s a n d C a p ita l

131,275
63,988
84,640
89,221
90,069
99,662
70,884 67,449
14,515
11,263
10,649
12,113
12,051
16,286
18,243
14,119
4,110
2,680
3,063
1,231
1,588
4,139
5,823
6,548
21,775
16,727
14,338
14,503
11,121
12,577
2,368
2,432
4,544
3,306
2,744
2,639
1,467
1,899
1,975
2,126
98,303
179,975
138,319 101,908
87,765 111,804 115,660 118,410
(30,556)
(22,703) (19,826) (19,665)
(14,898) (21,199) (24,881) (25,939)
0
0
0
18
0
21
55
0
$72,922 $90,606 $90,779 $92,471 $149,419 $115,617 $82,100 $78,660

M em o: *
Delin. 1 - 4 Mtgs. / Total 1 - 4 Mtgs.
Delin. Other Mtgs. / Total Other Mtgs.
Delin. Other Loans / Total Other Loans
Delin. Total Loans / Total Loans

3.34%
27.56%
11.29%
14.44%

IN C O M E STA TE M E N T
Interest Income
Interest Expense
N e t In te re s t In c o m e (E xpense)
Subsidiary Income
Other Income
Other Expense
O th e r In co m e (Loss)
O p e ra tin g In c o m e (Loss)
Less: Loss Provisions and Accting Adj.
N e t In co m e (Loss)______

$1,779
$1,431
$1,599 $1,648
2,140
2,326
1,790
2,422
(541)
(679)
(643)
(359)
(57)
(375)
(103)
(130)
96
104
126
72
1,031
587
561
762
(865)
(587)
(693)
(1,062)
(1,421) (1,406) (1,265) (1,336)
2,181
1,949
1,351
3,065
($3,601) ($3,356) ($2,616) ($4,401)

3.04%
28.71%
11.49%
14.76%

3.65%
31.76%

3.68%
34.58%
12.68 % 13.49%
15.95% 16.79%

2.68%
28.23%

2.89%
30.34%

3.42%
36.78%
18.35%
17.01%

11.11%

12.00%

12.26%

13.02%

$3,072
3,551
(480)
(133)
375
1,039
(797)
(1,276)
1,936
($3,213)

$1,784 $1,685
$2,543
2,114
2,035
2,902
(330)
(350)
(359)
(283)
(138)
(175)
180
256
322
635
588
521
(596)
(546)
(439)
(955)
(877)
(789)
1,937
1,498
1,631
($2,891) ($2,375) ($2,420)

* Delinquent loans include those past due 90 days or more and still accruing plus those nonaccruing for 1990-1995.
In 1989 these loans included those past due 3 0 -8 9 days and still accruing also.




59

4.26%
39.09%

22.21%
19.38%

TABLE IV: CO N SERVATO RSHIP BALANCE SHEET AND IN C O M E STA TEM EN T, 1989 - MARCH 1995
(Dollars in Millions)

1991
1 st Q tr 2nd Q tr 3 rd Q tr
BALANC E SH E ET
193
Num ber of Institutions
204
Cash & Investment Securities
$15,863 $17,073
M ortgage Backed Securities
9,485
7,287
1 - 4 Family M ortgages
24,781
22,032
Construction & Land
4,205
4,189
Other Mortgages
14,704
14,415
T o ta l M o rtg a g e s
43,690 40,636
Other Loans
7,532
6,888
Real Estate Owned
8,969
10,893
Other Assets
7,003
6,071
T o ta l A s s e ts (G ro ss)
92,542 88,848
Valuation Allowances and Other Contra Assets
8,276
7,717
T o ta l A s s e ts (N et)
84,266
81,131
Deposits
FHLB Advances
Reverse Repurchase Agreem ents
Other Borrowing
Other Liabilities
T o ta l L ia b ilitie s
Equity Capital
Redeemable Prefered S tock
T o ta l L ia b ilitie s a n d C a p ita l
M em o:
Delin.
Delin.
Delin.
Delin.

*
1 - 4 M tgs. / Total 1 - 4 Mtgs.
Other M tgs. / Total O ther Mtgs.
Other Loans / Total Other Loans
Total Loans / Total Loans

IN C O M E S TA TE M E N T
Interest Incom e
Interest Expense
N et In te re s t In c o m e (E xp en se)
Subsidiary Incom e
Other Incom e
Other Expense
O th e r In c o m e (Lo ss)
O p e ra tin g In c o m e (Lo ss)
Less: Loss Provisions and Accting Adj.
N et In co m e (Lo ss)

97
$9,390
5,346
13,857
2,876
9,417
26,150
3,415
6,260
3,529
54,091
3,763
50,328

4 th Q tr
91
$8,237
3,829
11,059
3,753
8,618
23,429
2,865
5,128
3,850
47,338
3,189
44,150

1992
1 s t Q tr 2 n d Q tr 3 rd Q tr
50
$5,691
1,933
5,551
2,418
4,412
12,381
1,239
3,351
2,550
27,145
1,525
25,620

60
$5,486
1,913
5,080
2,029
3,885
10,994
937
1,483
2,391
23,204
1,359
21,845

4 th Q tr

69
81
$7,033 $10,450
1,716
3,637
9,092
9,348
2,549
2,680
5,859
4,907
17,500
16,934
1,526
2,065
2,836
2,980
3,362
4,163
33,973
40,229
2,140
2,940
31,833
37,289

76,079 74,224 40,627
37,071
21,199
18,257
25,634
30,589
9,136
7,439
3,585
2,256
691
711
2,801
1,590
2,979
1,968
2,326
1,134
339
600
188
52
10,266
10,833
7,169
6,451
4,795
3,580
4,907
7,344
2,446
2,126
1,124
1,028
757
743
1,105
1,973
100,906
54,831
96,591
47,941
27,780
23,892
34,636
41,547
(16,662) (15,520) (4,503) (3,791)
(2,160) (2,046)
(2,803)
(4,258)
21
61
0
0
0
0
0
0
$84,266 $81,131 $50,328 $44,150 $25,620 $21,845 $31,833 $37,289

4.30%
28.46%
17.03%
15.09%

4.74%
28.51%
18.02%
15.97%

$1,773 $1,662
1,887
2,022
(248)
(226)
(135)
(74)
242
209
564
609
(502)
(429)
(678)
(728)
926
1,101
($1,778) ($1,653)

4.66%
29.85%
21.37%
17.06%

$1,017
1,031
(14)
(31)
152
297
(176)
(190)
451
($641)

5.79%
34.90%
22.56%
21.31%

$847
855
(8)
(46)
59
291
(279)
(287)
558
($845)

6.61%
32.87%
19.85%
20.98%

$481
469
12
(2)
45
211
(169)
(157)
334
($491)

6.39%
31.04%
21.40%
19.78%

$402
355
47
(25)
33
214
(205)
(158)
137
($295)

4.84%
24.43%
18.11%
14.56%

5.36%
27.66%
14.18%
15.22%

$583
$573
457
497
126
77
(35)
(89)
152
61
256
389
(140)
(417)
(14)
(340)
737
1,197
($751) ($1,537)

* Delinquent loans include those past due 90 days or more and still accruing plus those nonaccruing fo r 1 99 0 -1 9 9 5 .
In 1989 these ioans included those past due 3 0 - 8 9 days and still accruing also.




60

TABLE IV: C O NSERVATO RSHIP BALANCE SHEET AND INCOM E STATEM ENT, 1989 - MARCH 1995
(Dollars in Millions)

1993
1st Q tr 2 n d Q tr 3 rd Q tr 4 th Q tr
BA LA N C E SHEET
Num ber of Institutions
84
83
Cash & Investment Securities
$10,769 $10,699
Mortgage Backed Securities
1,776
2,022
1 - 4 Family Mortgages
6,923
7,083
Construction & Land
2,492
1,873
Other Mortgages
4,618
4,402
T o ta l M o rtg a g e s
14,033
13,358
Other Loans
2,147
1,859
Real Estate Owned
2,645
2,421
Other Assets
4,289
4,533
T o ta l A sse ts (G ro ss)
35,659
34,892
Valuation Allowances and Other Contra Assets
2,830
2,531
T o ta l A sse ts (N et)
32,830
32,361
Deposits
FHLB Advances
Reverse Repurchase Agreements
Other Borrowing
Other Liabilities
T o ta l L ia b ilitie s
Equity Capital
Redeemable Prefered Stock
T otal L ia b ilitie s a n d C a p ita l
M em o: *
Delin. 1 - 4 Mtgs. / Total 1 - 4 Mtgs.
Delin. Other Mtgs. / Total Other Mtgs.
Delin. Other Loans / Total Other Loans
Delin. Total Loans / Total Loans
IN C O M E STATEM EN T
Interest Income
Interest Expense
N et in te re s t In c o m e (E xpense)
Subsidiary Income
Other Income
Other Expense
O th e r In co m e (Loss)
O p e ra tin g In co m e (Loss)
Less: Loss Provisions and Accting Adj.
N et In co m e (Loss)

68
$9,512
1,425
6,018
1,481
3,933
11,432
1,618
1,945
4,259
30,191
2,180
28,010

18
$2,683
517
3,312
189
1,889
5,391
923
463
2,583
12,560
561
11,999

2
$966
206
1,074
16
305
1,395
527
22
512
3,629
123
3,506

1
$633
128
817
10
112
940
80
15
295
2,090
97
1,993

28,032
27,999
24,206
17,819
16,182
7,820
276
913
855
736
31
0
1
146
0
0
0
0
7,453
7,149
7,716
7,322
7,528
5,649
1,896
1,673
1,398
1,427
1,431
1,091
37,658
37,881
34,175
27,304
25,171
14,560
(4,829) (5,519) (6,165) (5,403)
(5,427) (2,561)
0
0
0
0
0
0
$32,830 $32,361 $28,010 $21,901 $19,744 $11,999

1,577
0
0
2,230
52
3,859
(353)
0
$3,506

1,238
0
0
937
303
2,478
(485)
0
$1,993

6.27%
28.51%
14.51%
17.14%

$454
414
41
(27)
96
300
(231)
(190)
406
($597)

7.03%
25.27%
15.17%
15.54%

$398
395
3
(88)
69
293
(312)
(308)
425
($733)

6.51%
25.09%
11.47%
14.84%

$347
338
9
(214)
69
278
(423)
(414)
346
($760)

63
$6,436
1,290
5,080
946
3,355
9,381
1,324
1,101
3,633
23,164
1,263
21,901

1994
1 st Q tr 2nd Q tr 3 rd Q tr 4 th Q tr

6.65%
23.02%
14.26%
14.17%

$265
267
(2)
(259)
75
238
(422)
(424)
199
($623)

48
$5,766
1,208
4,535
680
2,911
8,126
1,289
764
3,710
20,864
1,120
19,744

6.84%
25.19%
13.66%
14.77%

$249
234
15
(67)
88
183
(161)
(146)
55
($201)

7.16%
28.76%
10.11%
14.70%

$152
141
11
(9)
(25)
102
(136)
(125)
38
($163)

6.14%
28.77%
1.56%
8.67%

$52
41
11
4
14
32
(14)
(3)
9
($12)

3.69%
32.73%
11.96%
7.81%

$42
33
9
(55)
12
35
(79)
(70)
62
($132)

* Delinquent loans include those past due 90 days or more and still accruing plus those nonaccruing for 1 990-1995.
In 1989 these loans included those past due 3 0 - 8 9 days and still accruing also.
Note: The data for fourth quarter 1994 conservatorship balances include assets of one institution resolved on 11 /1 8/94.




61

TABLE IV: CONSERVATORSHIP BALANCE SHEET AND INCOME STATEMENT, 1989 - MARCH 1995
(Dollars in Millions)

1995
1st Qtr
BALANCE SHEET
Number of Institutions
Cash & Investment Securities
Mortgage Backed Securities
1- 4 Family Mortgages
Construction & Land
Other Mortgages
Total Mortgages
Other Loans
Real Estate Owned
Other Assets
Total Assets (Gross)
Valuation Allowances and Other Contra Assets
Total Assets (Net)
Deposits
FHLB Advances
Reverse Repurchase Agreements
Other Borrowing
Other Liabilities
Total Liabilities
Equity Capital
Redeemable Prefered Stock
Total Liabilities and Capital
Memo: *
Delin. 1- 4 Mtgs. / Total 1- 4 Mtgs.
Delin. Other Mtgs. / Total Other Mtgs.
Delin. Other Loans / Total Other Loans
Delin. Total Loans / Total Loans
INCOME STATEMENT
Interest Income
Interest Expense
Net Interest Income (Expense)
Subsidiary Income
Other Income
Other Expense
Other Income (Loss)
Operating Income (Loss)
Less: Loss Provisions and Accting Adj.
Net Income (Loss)

0
$84
44
112
0
2
114
1
7
75
324
11
313
0
0
0
529
121
649
(336)
0
$313
14.24%
12.72%
0.00%
14.13%
$8
12
(3)
(5)
6
22
(21)
(24)
7
($31)

* Delinquent loans include those past due 90 days or more and still accruing plus those nonaccruing for 1990-1995.
In 1989 these loans included those past due 30—89 days and still accruing also.
Note: The first quarter 1995 conservatorship balances include the assets of one institution resolved on 11/18/94.
The last conservatorship was resolved on 3/15/95.




62

TABLE V: SOURCES & USES OF CASH, 1989 - SEPTEMBER 1995
(Dollars in Billions)

1989

1990
1991
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr

QUARTERLY ACTIVITY
Beginning Cash Balance

$0.0

$4.5

$3.2

$4.0

$4.6

$4.9

$4.9

Sources of Cash:
Funding Authorized by Congress
FFB Borrowing Outstanding
Recoveries from RCV Assets
Total Sources

24.5
0.0
0.0
24.5

5.0
2.6
0.0
7.6

3.5
23.8
0.0
27.3

5.0
15.1
2.1
22.2

5.0
11.5
6.1
22.7

7.0
4.0
6.1
17.1

30.0
1.2
5.9
37.1

Uses of Cash:
Resolution/Receivership Funding
Conservatorship Advances Outstanding
FFB Interest Payments
Other Uses (Net)
Total Uses
Estimated Loss Funds Used
Total Working Capital

9.9
10.1
0.0
0.0
20.0
5.9
14.1

6.2
2.6
0.0
0.0
8.8
4.2
4.6

28.4
(1.8)
0.0
(0.0)
26.5
18.2
8.3

23.4
(1.8)
0.2
(0.1)
21.7
8.3
13.4

21.7
(0.0)
0.7
(0.1)
22.3
5.5
16.8

19.0
(2.8)
0.9
(0.0)
17.1
8.9
8.2

12.0
1.2
0.9
(0.1)
14.1
4.7
9.4

4.5
$4.5

(1.2)
$3.2

0.8
$4.0

0.5
$4.6

0.4
$4.9

(0.0)
$4.9

23.0
$27.9

Beginning Cash Balance

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

Sources of Cash:
Funding Authorized by Congress
FFB Borrowing Outstanding
Recoveries from RCV Assets
Total Sources

24.5
0.0
0.0
24.5

29.5
2.6
0.0
32.1

33.0
26.4
0.1
59.4

38.0
41.5
2.2
81.7

43.0
53.0
8.3
104.3

50.1
57.0
14.4
121.5

80.1
58.2
20.3
158.5

Uses of Cash:
Resolution/Receivership Funding
Conservatorship Advances Outstanding
FFB Interest Payments
Other Uses (Net)
Total Uses
Estimated Loss Funds Used
Total Working Capital

9.9
10.1
0.0
0.0
20.0
5.9
14.1

16.1
12.7
0.0
0.0
28.9
10.1
18.8

44.5
10.9
0.0
0.0
55.4
28.3
27.1

67.9
9.1
0.2
(0.1)
77.1
36.6
40.5

89.6
9.0
0.9
(0.1)
99.4
42.1
57.3

108.7
6.3
1.8
(0.2)
116.5
51.0
65.5

120.7
7.5
2.7
(0.2)
130.7
55.8
74.9

4.5
$4.5

3.2
$3.2

4.0
$4.0

4.6
$4.6

4.9
$4.9

4.9
$4.9

27.9
$27.9

37

52

207

286

352

374

430

Sources minus Uses
Ending Cash Balance
INCEPTION TO DATE

Sources minus Uses
Ending Cash Balance
Memo: No. of Resolutions Funded




TABLE V: SO U R C ES & USES O F CASH, 1 989 - SEPTEMBER 1995
(Dollars in Billions)

1991
3 rd Q tr 4 th Q tr

1992
1 s t Q tr 2 n d Q tr 3 rd Q tr 4 th Q tr

1993
1 s t Q tr 2 n d Q tr

QUARTERLY A C TIV ITY
Beginning Cash Balance

$27.9

$5.2

$8.8

$24.6

$5.2

$4.5

$2.8

$3.2

Sources of Cash:
Funding Authorized by Congress
FFB Borrowing O utstanding
Recoveries from RCV Assets
Total Sources

0.0
4.7
8.3
13.0

0.0
(5.9)
16.2
10.3

25.0
(0.1)
7.1
32.0

(18.3)
(3.2)
9.3
(12.2)

0.0
(7.2)
10.4
3.2

0.0
(9.3)
10.8
1.5

(0.0)
(1.7)
3.0
1.2

0.0
(6.4)
6.9
0.5

Uses of Cash:
Resolution/Receivership Funding
Conservatorship Advances Outstanding
FFB Interest Payments
O ther Uses (Net)
Total Uses
Estimated Loss Funds Used
Total W orking Capital

36.7
(2.0)
0.9
0.1
35.7
16.2
19.5

6.2
(0.6)
1.2
(0.1)
6.7
2.4
4.3

17.3
(1.1)
0.5
(0.4)
16.3
5.5
10.7

7.3
(0.8)
0.6
0.1
7.2
0.6
6.6

2.0
1.4
0.6
(0.1)
3.9
0.5
3.3

0.4
2.4
0.5
(0.0)
3.2
0.0
3.2

0.4
0.1
0.3
0.0
0.8
0.0
0.8

0.6
(0.6)
0.3
(0.0)
0.3
0.0
0.3

(19.4)
$5.2

(0.7)
$4.5

(1.7)
$2.8

0.5
$3.2

0.2
$3.4

(22.7)
$5.2

3.6
$8.8

15.8
$24.6

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

Sources of Cash:
Funding Authorized by Congress
FFB Borrowing O utstanding
Recoveries from RCV Assets
Total Sources

80.1
62.9
28.6
171.6

80.1
57.0
44.8
181.9

105.1
56.9
51.9
213.9

86.8
53.7
61.2
201.7

86.8
46.5
71.6
204.9

86.8
37.2
82.4
206.4

86.8
35.5
85.4
207.6

86.8
29.1
92.2
208.1

Uses of Cash:
Resolution/Receivership Funding
Conservatorship Advances Outstanding
FFB Interest Payments
Other Uses (Net)
Total Uses
Estimated Loss Funds Used
Total W orking Capital

157.4
5.5
3.6
(0.1)
166.3
72.0
94.3

163.6
4.9
4.8
(0.2)
173.1
74.4
98.6

180.9
3.8
5.3
(0.6)
189.3
80.0
109.3

188.2
3.0
5.8
(0.5)
196.5
80.6
116.0

190.1
4.4
6.4
(0.6)
200.4
81.1
119.3

190.6
6.8
6.9
(0.6)
203.6
81.1
122.5

190.9
6.9
7.2
(0.6)
204.4
81.1
123.3

191.5
6.3
7.5
(0.6)
204.7
81.1
123.6

5.2
$5.2

8.8
$8.8

24.6
$24.6

5.2
$5.2

4.5
$4.5

2.8
$2.8

3.2
$3.2

3.4
$3.4

563

584

640

651

652

653

654

657

Sources m inus Uses
Ending Cash Balance
IN C EP TIO N TO D ATE
Beginning Cash Balance

Sources m inus Uses
Ending Cash Balance
Memo: No. of Resolutions Funded




64

TABLE V: SO UR C ES & USES O F CASH, 1989 - SEPTEM BER 1995
(Dollars in Billions)

1993
3 rd Q tr 4 th Q tr

1994
1995
1st Q tr 2 nd Q tr 3 rd Q tr4 th Q tr 1 st Q tr 2 n d Q tr 3 rd Q tr

Q UARTERLY AC TIVITY
Beginning Cash Balance

$3.4

$8.8

$6.4

$9.8

$6.2

$3.6

$4.0

$2.9

$0.9

Sources of Cash:
Funding Authorized by Congress
FFB Borrowing O utstanding
Recoveries from RCV Assets
Total Sources

0.0
2.6
4.8
7.4

0.0
(1.1)
3.0
1.8

4.0
(1.7)
2.9
5.1

0.0
0.1
2.6
2.7

0.0
(2.4)
3.8
1.4

0.0
(3.6)
3.9
0.3

0.0
(3.2)
3.8
0.6

0.0
(4.0)
3.1
(0.9)

0.0
(2.6)
3.1
0.6

Uses of Cash:
Resolution/Receivership Funding
Conservatorship Advances Outstanding
FFB Interest Payments
Other Uses (Net)
Total Uses
Estimated Loss Funds Used
Total W orking Capital

1.5
0.3
0.2
(0.0)
1.9
0.3
1.6

4.2
(0.1)
0.2
(0.1)
4.3
1.6
2.7

1.0
0.4
0.2
0.0
1.7
0.3
1.3

7.8
(1.5)
0.2
(0.0)
6.4
3.2
3.2

7.3
(3.5)
0.3
(0.0)
4.0
2.8
1.2

1.7
(1.8)
0.3
(0.3)
(0.1)
0.4
(0.5)

1.4
(0.0)
0.3
0.0
1.7
0.3
1.4

0.8
0.0
0.3
0.0
1.1
0.1
1.0

0.3
0.0
0.3
0.0
0.6
0.0
0.6

5.4
$8.8

(2.5)
$6.4

3.5
$9.8

(3.7)
$6.2

(2.6)
$3.6

0.4
$4.0

(1.1)
$2.9

(2.0)
$0.9

(0.0)
$0.9

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

Sources of Cash:
Funding Authorized by Congress
FFB Borrowing Outstanding
Recoveries from RCV Assets
Total Sources

86.8
31.7
97.0
215.5

86.8
30.5
100.0
217.3

90.8
28.8
102.8
222.4

90.8
28.9
105.4
225.1

90.8
26.5
109.2
226.5

90.8
22.9
113.1
226.8

90.8
19.8
116.9
227.4

90.8
15.8
120.0
226.5

90.8
13.2
123.1
227.0

Uses of Cash:
Resolution/Receivership Funding
Conservatorship Advances Outstanding
FFB Interest Payments
Other Uses (Net)
Total Uses
Estimated Loss Funds Used
Total W orking Capital

193.0
6.6
7.7
(0.7)
206.6
81.4
125.2

197.2
6.5
8.0
(0.8)
210.9
83.0
127.8

198.2
6.9
8.2
(0.8)
212.5
83.4
129.2

206.0 213.2 214.9
5.4
1.8
0.0
8.4
8.7
9.0
(0.8)
(0.8)
(1.2)
218.9 222.9 222.8
86.6
89.4
89.8
132.4 133.6 133.1

216.3
(0.0)
9.3
(1.1)
224.5
90.0
134.5

217.1
(0.0)
9.6
(1.1)
225.6
90.1
135.5

217.4
(0.0)
9.9
(1.1)
226.1
90.1
136.0

Sources minus Uses
Ending Cash Balance

8.8
$8.8

6.4
$6.4

9.8
$9.8

6.2
$6.2

3.6
$3.6

4.0
$4.0

2.9
$2.9

0.9
$0.9

0.9
$0.9

Memo: No. of Resolutions Funded

675

680

695

726

742

744

745

747

747

Sources minus Uses
Ending Cash Balance
IN C EP TIO N TO D ATE
Beginning Cash Balance




65

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
First FSB of AK, SB
Home SB, FSB
T otal-A K
Jefferson FS&LA
Tuskegee S&LA, FA
First FS&LA of Russell Co, FA
Birmingham FSB
Altus FSB
First FS&LA of Andalusia
City FS&LA
Guaranty FS&LA
Baldwin County FSB
Phenix FS&LA, FA
First SB of A L F A
T otal-A L
United FS&LA
First SA. FA
First Savings of Arkansas
Savers SA
Independence FB, FSB
Landmark SB, FSB
First FS&LA of Fayetteville
Madison Guaranty S&LA
First State SB, FSB
First FS&LA
Home FS&LA
Commonwealth S&LA
Unipoint FSB
Capital FS&LA
First America SB, FSB
Grand Prairie FS&LA
Arkansas FSB, FA
Texarcana FS&LA
Total-A R
First American FSB
Security S&LA
Southwest S&LA, FA
Universal S&LA

C O NSER­
VATORSHIP
DATE
03/02/69
03/02/89

R ES­
OLUTION
DATE
01/12/90
01/12/90

CITY
Anchorage
Anchorage

CHARTER
F -F e d e ra l
STATE S - S ta te
F
AK
AK

Birmingham
Tuskegee
Phenix City
Birmingham
Mobile
Andalusia
Birmingham
Birmingham
Robertsdale
Phenix City
Hamilton

AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL

F
F
F
F
F
F
F
F
F
F
F

03/08/91
11/30/90
07/24/92
08/21/92
05/17/91
12/28/90
03/30/69
02/17/69
03/30/69
03/09/69
03/09/69

03/13/92
10/11/91
07/23/93
08/06/93
05/20/94
09/27/91
09/14/90
05/04/90
08/10/90
05/16/90
12/15/69

Jonesboro
Paragould
Little Rock
Little Rock
Batesville
Hot Springs
Fayetteville
McCrory
Mountain Home
Malvern
Mountain Home
Osceola
Trumann
Little Rock
Fort Smith
Stuttgart
Little Rock
Texarcana

AR
AR
AR
AR
AR
AR
AR
AR
AR
AR
AR
AR
AR
AR
AR
AR
AR
AR

F
F
F
F
F
F
F

06/26/91
11/30/90
02/10/89
02/10/89
02/17/69
03/02/89
03/02/89
03/02/69
03/02/69
03/02/89
03/02/89
03/02/89
03/02/69
07/27/89
05/25/90
01/26/90
12/21/90
12/07/90

03/13/92
09/13/91
07/26/91
09/20/91
09/07/90
06/22/90
11/02/90
11/30/90
10/26/90
06/25/89
08/25/89
12/07/90
06/22/90
06/29/90
12/07/90
11/09/90
09/06/91
08/30/91

Tucson
Scottsdale
Phoenix
Scottsdale

AZ
AZ
A2
AZ

08/16/91
02/17/89
02/17/89
02/17/69

04/24/92
03/15/91
07/19/91
01/26/90


* Deposits at Takeover are quarter before conservatorship.


F
F
F
F
F
F
F
F

F

AT TAKEOVER
ASSETS
$221
93
313
642
36
90
91
1,609
39
711
396
173
186
25
3.999
143
65
1,834
907
264
146
132
122
125
49
44
40
20
88
452
27
64
46
4.569
158
758
2,322
94

ESTIMATED
DEPOSITS AT RES. COST
DEPO SITS* RESOLUTION @ 12/31/94
$191
$160
$142
81
63
63
273
223 .........
205..
55
485
326
23
16
28
1
79
60
9
62
48
158
428
1,122
6
38
30
648
472
77
292
79
397
133
157
24
162
83
194
24
20
4
3.254
1.994
........ 518
115
19
135
25
47
37
833
1,196
992
646
645
787
346
321
314
153
118
91
112
84
35
101
73
99
128
100
57
52
54
23
73
72
59
36
28
17
23
28
19
46
43
22
383
65
438
8
13
25
16
32
62
26
13
43
2.340
3.180
3.806
86
18
129
624
907
1,052
1,391
618
1,750
88
35
103

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
Sun State S&LA
Western S&LA, FA
Merabank FSB
Sentinel FS&LA
Pima FS&LA
T o ta l-A Z
Santa Paula S&LA
Great American FSA
Far West S&LA, FA
Columbia S&LA
Valley FS&LA
County Bank, FSB
Malibu SB. FSB
Guardian FSA
Executive SB, FSB
Atlantic Financial FSB
Unity S&LA. FA
Beach SB, FSB
Progressive SB, FSB
Gold River SB
Delta FSB
San Clemente FSB
HomeFed Bank, FA
Advanced FSB
First Newport FSB
Homestead FSA
Vista FSA
Golden State FSB
Western FSB
Imperial FSA
Santa Barbara FS&LA
Pacific SB
Westwood S&LA
First California Savings
Founders FS&LA
Gateway FSB
Washington S&LA
Arrowhead Pacific FSB

CITY
Phoenix
Phoenix
Phoenix
Phoenix
Tucson

CHARTER
F -F e d e ra l
STATE S —State
AZ
S
AZ
S
AZ
F
AZ
S
AZ
S

Santa Paula
San Diego
Newport Beach
Beverly Hills
Van Nuys
Santa Barbara
Costa Mesa
Huntington Beach
Marina del Rey
San Francisco
Beverly Hills
Fountain Valley
Pasadena
Fair Oaks
Westminster
San Clemente
San Diego
Northridge
Newport Beach
San Francisco
Canoga Park
Irvine
Marina Del Ray
San Diego
Santa Barbara
Costa Mesa
Los Angeles
Orange
Los Angeles
Oakland
Stockton
San Bernardino

CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA

* Deposits at Takeover are quarter before conservatorship.



CONSER­
VATORSHIP
DATE

RES­
OLUTION
DATE

06/14/09
06/14/69
01/31/90
02/02/90
03/02/90

11/30/90
05/31/90
09/20/90
06/15/90
02/15/91

04/27/90

09/27/91
05/13/94
03/20/92
09/13/91
04/10/92
03/27/92
07/19/91
07/29/94
02/20/92
04/10/92
08/02/91
07/19/91
03/13/92
09/27/91
03/25/94
00/06/93
12/03/93
03/10/94
07/23/93
09/17/93
06/04/93
04/00/94
09/09/94
04/19/91
00/09/91

02/07/09

10/13/09

02/17/09
04/06/09

00/24/90

04/06/09
04/06/09
04/06/09
04/06/09

01/10/91

s
F
S
S
F
F
S
S
F
F
S
S
S
S
S
F
F
F
F
F
F
F
F
S
S
S
S
F
S
S

s
s

08/09/91
01/11/91
01/25/91
03/27/91
01/11/91
06/21/91
04/26/91
07/26/91
02/00/91
01/18/91
05/24/91
11/00/91
06/12/92
07/06/92
01/24/92
06/19/92
10/30/92
01/29/93
00/13/93
06/04/93
02/23/90

09/22/09
06/00/90

05/11/90
05/04/90

AT TAKEOVER
ASSETS

ESTIMATED
DEPOSITS AT RES. COST
DEPOSITS* RESOLUTION @ 12/31/94

1,100
6,467
5,655
102
2,504
19.399
250
9,214
4,040
6,001
2,003
1.159
142
736
50
391
453
05
400
20
63
210
12,606
22
30
1,342
110
51

690
4,115
4,746
170
2,126
15.083
235
7,229
2,984
5,619
1,547
953
124
653
55
409
444
00
374
20
59
206
0,790
24
34
1,225
94
47

3,694
9,395

2,672
6,625

4,173
1,167
400
170
125

1,745
1,019

03
69
63

126
69
60

397

195
167

763
3,040
3,737
150
1,567
11.737
235
1,054
1,006
4,222
1,547
553
125
03
30
332
329
62
241
20
3
115
4,715
5
9
754
47
2
1,757
4,257
1,355

493
2,269
1,060
51
209
5.850
19
1,222
647
676
210
105
30
140
0
26
53
3
60
3
9
41
1,511
17
4
113
19
6

923
360

374

424

703
65

79

263
67
77

47

75

69

7
37

103

75

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In M illion*)

NAME
Perpetual SA, FS&LA
Unified Savings FS&LA
Royal Oak S&LA
City FS&LA
Independence S&LA
City S&LA
Cabrillo FSB
Gibraltar Savings, FA
Lincoln Savings
Southwest FSA
Westco Savings Bank, FSB
The Guardian FS&LA
American Interstate SA
Sierra FS&LA
First FS&LA
Saratoga S&LA
Security FSA
Brookside FS&LA
Wilshire S&LA
Constitution FSA
Mercury FS&LA
Enterprise S&LA
Time FS&LA
Charter SB, FSB
Investment FS&LA
Peninsula FSB
Heartland S&LA
Huntington S&LA
Pacific Coast FSA
Liberty FSB
Pan American FSB
Financial S&LA
Western Empire FS&LA
Wesport FSB
First Network FSB
Rancho Bernardo FSB
Amador Valley S&LA
Westside Bank, a FSB

CHARTER
F -F e d e ra l
STATE S - S ta te
CITY
F
CA
Santa Ana
F
Northridge
CA
S
CA
Manteca
CA
F
Oakland
S
CA
Vallejo
Westlake Village
CA
S
S
CA
San Jose
CA
S
Simi Valley
CA
S
Irvine
CA
S
Los Angeles
CA
F
Wilmington
CA
Bakersfield
F
CA
F
Los Angeles
CA
F
Beverly Hills
F
CA
Bakersfield
S
CA
San Jose
F
CA
Garden Grove
CA
S
Los Angeles
CA
S
Los Angeles
CA
F
Monterey Park
CA
S
Huntington Beach
S
CA
Compton
CA
S
San Francisco
CA
S
Newport
S
Chatsworth
CA
S
South San Franclscc CA
S
CA
La Mesa
CA
S
Huntington Beach
CA
S
San Francisco
CA
F
Montebello
S
CA
San Mateo
CA
S
Fresno
CA
S
Yorba Linda
CA
S
Hanford
S
CA
Los Angeles
CA
S
San Diego
S
CA
Pleasanton
F
CA
Los Angeles


* Deposits at Takeover are quarter before conservatorship.


C O NSER­
VATORSHIP
DATE
04/06/89
04/06/89
04/06/89
04/06/89
04/06/89
04/06/89
04/06/89
03/31/89
04/14/89
04/27/89
04/27/89
06/29/89
07/20/89
07/20/89
06/29/89
11/09/89
11/16/89
11/30/89
01/11/90
04/12/90
02/23/90
05/31/91
06/01/90
06/15/90
01/11/90
05/04/90
02/09/90
03/16/90
11/16/90
07/12/91
01/11/90
02/16/90
03/09/90
04/20/90
10/26/90
09/24/93

RES­
OLUTION
DATE
08/25/89
09/22/89
05/11/90
05/18/90
10/20/89
08/25/89
05/11/90
06/29/90
03/08/91
11/16/90
04/27/90
04/27/90
05/04/90
05/04/90
04/27/90
06/01/90
05/04/90
11/16/90
06/22/90
06/29/90
09/21/90
03/05/93
05/17/91
12/07/90
08/24/90
06/22/90
09/06/91
06/22/90
07/12/91
06/07/91
04/29/94
06/01/90
08/31/90
08/17/90
09/14/90
06/07/91
09/10/93
04/15/94

A T TAKEOVER
ASSETS
19
40
35
20
446
33
73
12,313
5,374
821
189
34
27
34
137
111
73
620
88
67
2,073
14
57
286
267
41
121
125
1,063
45
294
32
377
171
402
128
44
82

ESTIMATED
DEPOSITS AT RES. COST
D EPO SITS* RESOLUTION @ 12/31/94
29
29
14
49
26
52
35
19
4
28
27
12
39
360
373
5
33
34
38
4
62
4,713
811
7,575
2,107
2,701
4,194
115
790
585
181
103
52
28
29
14
19
7
25
12
40
22
109
25
127
69
30
105
64
4
75
560
402
124
57
17
77
5
65
57
1,423
237
1,792
13
8
0
54
33
5
220
282
30
241
203
17
46
34
3
119
119
27
120
105
25
424
35
633
39
7
52
116
19
250
5
29
34
36
133
318
35
141
171
356
209
394
16
70
113
37
3
37
30
26
71

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In M illions)

NAME

CITY

CHARTER CONSER­
F-Federal VATORSHIP
DATE
STATE S-State

Encino SB, FSB
Continental Savings of Amer,F6
Cornerstone Bank, FSB
T otal-C A
Capitol FS&LA
Mesa FS&LA of CO
Valley FS&LA
Modern FS&LA
Alpine Savings
Rocky Mountain Savings
Equity FSB
American Savings of CO
Sun S&LA
Otero Savings
Colorado S&LA
First FS&LA of Colo. Springs
Colorado SB, FSB
Aspen SB, FSB
First America FSB
Heritage FSA
Great West, a FSB
T otal-C O
Financial of Hartford, FSB
Danbury FS&LA
Connecticut FS&LA
Coastal FSB
C olim b ia FSB
Community FSA
Security FS&LA
Charter FSA
T otal-C T
Amerifirst FSB
The First, FA
Hollywood FSB
First FS&LA of Seminole Co, F/
United Savings of America
Flagler FS&LA
Professional FSB

Encino
San Francisco
Mission Viejo

CA
CA
CA

F
F
F

Aurora
Grand Junction
Grand Junction
Grand Junction
Steamboat Springs
Woodland Park
Denver
Colorado Springs
Parker
Colorado Springs
Englewood
Colorado Springs
Sterling
Aspen
Longmont
Lamar
Craig

CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO

F
F
F

Hartford
Danbury
Hartford
New London
Westport
Bridgeport
Waterbury
Stamford
Miami
Orlando
Hollywood
Sanford
Melbourne
Miami
Coral Gables

06/03/94
04/28/95
12/16/94

F
S
F
F
S
S
S
F
F
S
F
S
F

05/04/90
03/09/89
03/09/69
03/09/89
03/09/89
03/09/89
04/06/89
04/06/69
03/09/69
03/09/89
03/09/89
03/09/89
09/26/89
11/09/89
03/16/90
04/20/90
05/11/90

07/12/91
02/02/90
02/02/90
01/26/90
06/22/90
06/22/90
09/14/90
05/18/90
07/20/90
05/25/90
02/09/90
06/29/90
06/29/90
06/08/90
09/13/91
08/23/91
08/16/91

CT
CT
CT
CT
CT
CT
CT
CT

F
S
S
F
F
F
S
F

08/17/90
07/12/91
01/11/91
06/19/92
02/17/89
12/07/89
04/12/91
06/29/90

06/19/91
03/13/92
02/07/92
05/20/94
04/12/90
09/14/90
03/20/92
06/21/91

FL
FL
FL
FL
FL
FL
FL

F
F
F
F
F
F
S

03/15/91

03/20/92
10/11/91
08/19/94
04/03/92
02/07/92
03/27/92
03/13/92

* Deposits at Takeover are quarter before conservatorship.



RES­
OLUTION
DATE

F

02/22/91
04/05/91

07/27/90

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
AT TAKEOVER

85
360
44
85.697
1,033
116
94
73
62
17
5
888
327
550
59
355
12
153
202
48
32
4.028
23
277
18
235
153
58
151
114
1.029
3,509
1,040
1,465
188
298
1,608
680

87
350
37
63.986
760
108
116
71
43
18
5
674
258
477
52
312
13
106
147
44
31
3.234.
18
180
13
223
143
50
129
83
839
2,867
968
1,367
160
292
1,518
615

87
350
37
39.085
644
93
99
55
32
17
1
704
237
366
48
268
10
113
56
30
25
2.796
11
118
5
137
138
31
58
49
546
1,786
968
527
119
292
1,518
413

9
57
11
12.035
424
16
90
11
19
11
2
502
174
316
30
206
4
58
43
10
5
1.921
4
33
3
13
38
7
47
46
191
726
111
127
17
25
111
272

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In M illions)

NAME
Goldome FSB
Coral Coast FSB
Ambassador FS&LA
Citizens & Builders FS, FSB
Gold Coast FSB
Hansen FSB
Sovereign SB, FSB
Citizens FSA
Security FSA
International FS&LA
Bay FSB
Jacksonville FSB
Palm Beach FSA
Florida FSB. FSB
Centrust Bank
Security 1st FS&LA
Pioneer FSB
Freedom S&LA
First FS&LA
First FS&LA of the FL Keys
Miami SB
Financial Security FS&LA
Southern Florldabanc FS&LA
Liberty FS&LA
First Venice S&LA
Brickellbanc SA
Community FS&LA
Lincoln S&LA, FA
Royal Palm FS&LA
New Metropolitan FSB
Commonwealth FS&LA
General FSB
Duval FSA
First Citizens S&LA, FA
Enterprise FS, FSA
Investors FSB
Coral S&LA, FA
Haven S&LA

CHARTER
F -F e d e ra l
STATE S - S ta te
CITY
, St. Petersburg
FL
F
F
Boynton Beach
FL
FL
S
Tamarac
F
Pensacola
FL
S
Plantation
FL
S
Palm Beach Garden FL
S
FL
Palm Harbor
F
Jacksonville
FL
F
Panama City
FL
FL
S
N. Miami Beach
FL
S
West Palm Beach
F
Jacksonville
FL
F
Palm Beach Garden FL
F
St. Petersburg
FL
S
FL
Miami
F
Daytona Beach
FL
S
FL
Clearwater
FL
F
Tampa
F
FL
Largo
F
FL
Key West
S
FL
Miami
F
Delray Beach
FL
F
FL
Boca Raton
F
FL
New Port Richey
S
FL
Venice
S
FL
Miami
FL
F
Tampa
S
FL
Miami
S
FL
West Palm Beach
FL
F
Hialeah
FL
S
Fort Lauderdale
F
FL
Coral Gables
FL
F
Jacksonville
F
FL
Fort Pierce
F
FL
Clearwater
S
Deerfield Beach
FL
S
FL
Coral Springs
F
FL
Winter Haven


* Deposits at Takeover are quarter before conservatorship.


CONSER­
VATORSHIP
DATE
05/31/91
08/02/91
08/24/90
07/27/90
10/19/90
01/10/92
03/15/91
10/16/91
01/31/92
10/12/90
09/06/91
06/26/92
12/08/92
11/09/90
02/02/90
02/02/90
02/07/89
02/17/89
03/16/89
03/16/89
03/16/89
02/17/89
03/16/89
03/16/89
03/16/89
03/16/69
03/16/89
03/16/89
07/19/91
07/20/89
11/16/89
01/18/90
03/08/91
04/20/90
06/01/90
01/25/91
03/02/90

R ES­
O LUTION
DATE
04/15/94
07/15/94
06/21/91
07/12/91
08/23/91
07/22/94
09/13/91
04/29/94
05/06/94
07/05/91
07/15/94
04/08/94
10/08/93
08/02/91
06/29/90
04/10/92
03/01/91
10/13/89
06/08/90
04/27/90
08/17/90
05/25/90
10/06/89
08/10/89
06/01/90
06/08/90
09/07/90
06/08/90
06/08/90
02/28/92
03/08/91
01/11/91
08/16/91
09/20/91
09/07/90
06/07/91
06/28/91
12/07/90

A T TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
378
1,344
1,318
120
63
60
16
21
125
183
161
59
39
33
112
98
86
51
167
141
11
51
43
12
23
5
34
34
29
9
66
67
34
102
100
17
81
44
17
87
15
13
59
54
74
28
158
147
29
60
54
26
1,933
3,870
2,259
501
4,731
7,765
5,922
1,421
906
50
957
906
944
2,004
1,420
315
1,091
1,560
1,127
441
391
334
123
332
66
236
192
141
126
79
161
159
149
108
65
150
161
255
249
184
92
70
91
40
56
55
62
8
39
36
30
17
10
16
14
13
182
263
80
268
278
194
592
490
26
28
16
43
531
1,688
1,176
361
251
142
407
299
424
153
990
857
162
46
205
196
37
63
11
45
184
77
275
239
33
19
5
32
119
45
166
145

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
Great Life FSA
American Pioneer FSB
Life FSB
The Guardian Bank, a FSB
T otal-F L
Federal SB, FSB
First FS, FSB
Guaranty FSA
Cobb FSA
United FSB
First FSB of GA, FA
Southern FSA of GA
Fulton FSA
First Federal SA
First FS&LA
First FS&LA
First Savings of Americus
Habersham FS&LA
Great Southern FS&LA
Moultrie SB, FSB
First FSB, FSB
ToM-<aA.._.....................
Home FS&LA of Harlan
Home FS&LA, FA
Statesman FSB
Peoples FSA
First FS&LA of Creston, FA
United FSA of Iowa
American FSA of Iowa
FirstCentral FSB
Sioux Valley S&LA
First FS&LA
Banc Iowa SB
Sun FSA
T o ta l-IA
Capital FB for Savings
Summit First FS&LA
Enterprise SB

CITY
Sunrise
Orlando
Clearwater
Boca Raton

CHARTER
F - Federal
STATE S - S ta te
FL
S
FL
S
FL
S
FL
F

CONSER­
VATORSHIP
DATE
06/01/90
05/25/90
10/11/91
03/16/93

RES­
OLUTION
DATE
06/21/91
09/20/91
03/11/94
07/15/94

Swainsboro
Dallas
Warner Robins
Marietta
Smyrna
Winder
Atlanta
Atlanta
Warner Robins
Atlanta
Summerville
Americus
Cornelia
Savannah
Moultrie
Ashburn

GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA

F
F
F
F
F
F
F
F
F
F
F
F
F
F
F

03/22/91
02/22/91
05/10/91
11/08/91
05/31/91
11/06/92
07/10/92
01/04/91
04/12/90
03/09/89
03/09/89
06/22/89
06/22/89
06/22/89
06/15/90
04/05/91

03/27/92
09/27/91
03/13/92
08/12/94
03/27/92
11/05/93
04/22/94
07/26/91
08/17/90
05/25/90
06/22/90
06/22/90
09/21/89
06/22/90
01/04/91
04/03/92

Harlan
Algona
Des Moines
Ottumwa
Creston
Des Moines
Des Moines
Chariton
Cherokee
Estherville
Cedar Rapids
Fort Dodge

IA
IA
IA
IA
IA
IA
IA
IA
IA
IA
IA
IA

F
F
F
F
F
F
F
F
S
F
S
S

04/26/91
07/27/90
11/22/91
05/10/91
03/22/91
02/09/90
01/04/90
04/06/89
04/06/89
10/16/89
03/16/90

09/27/91
01/31/92
03/01/91
03/20/92
11/01/91
06/24/94
02/08/91
09/07/90
08/18/89
06/15/90
08/10/90
06/28/90

Chicago
Summit
Chicago

IL
IL
IL

F
F
F

* Deposits at Takeover are quarter before conservatorship.



.
07/13/90

05/10/91
10/26/90
12/27/90

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
44
36
22
9
1,598
1,361
756
495
108
88
25
13
68
60
23
5
35.169
28.461
20.322
6.779
149
130
51
46
37
36
26
6
23
24
8
9
86
83
27
27
117
78
104
12
110
63
97
7
174
58
150
18
2,051
1,384
1,196
154
161
144
117
16
317
148
249
44
34
35
30
8
58
50
42
14
88
94
91
42
908
629
467
183
72
53
40
5
31
31
20
4
4.422
3.289
2.461
596
89
87
87
6
116
95
137
2
278
582
443
43
29
34
34
2
60
3
71
68
245
78
925
712
900
812
488
61
117
105
82
8
87
91
91
47
63
59
44
13
165
140
110
30
24
19
3
14
2.685
1.625
296
3.194
38
33
33
0
59
55
0
47
419
362
362
71

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In M illions)

NAME
American SA
Germanlabank, FSB
Centuiy FSB
C o-operative FSB
First FSB of Zion
Western FS&LA
Lemont FSA
Irving FB for Savings, FSB
Republic FSB
Gem City FS&LA
Great American S&LA
Horizon SB, FSB
Hometown FSA
Arlington Heights SA, FA
Community FSB
Home FSB, FA
New Athens FS&LA
Concordia FB for Savings
Home Savings FS&LA
Madison County FS&LA
Midwest Home FSB
Midwestern SA
Libertyville FS&LA
American Security FS&LA
Chillicothe FS&LA
Home FS&LA
First Savings of America
Skokie FS&LA
Illinois SB, FA
First FS&LA of East Alton
AmeriMac SB, FSB
Peoples S&LA, FA
Security FS&LA
Black Hawk S&LA, FA
Citizens S&LA
Heritage S&LA, FA
Fidelity FSA
St. Charles FSA

CITY
Mt. Carmel
Alton
Chicago
Westmont
Zion
Clenview
Lemont
Chicago
Matteson
Quincy
Oak Park
Wilmette
Winfield
Arlington Heights
East Moline
Waukegan
New Athens
Lansing
Joliet
Granite City
Belleville
Macomb
Libertyville
Chicago
Chillicothe
Centralia
Orland Park
Skokie
Peoria
East Alton
Hillsboro
Streator
Peoria
Rock Island
Springfield
Jerseyville
Galesburg
St. Charles

CHARTER
F -F e d e ra l
STATE S -S ta te
S
IL
IL
F
IL
F
F
IL
S
IL
IL
S
S
IL
F
IL
F
IL
S
IL
F
IL
IL
F
IL
F
F
IL
S
IL
F
IL
S
IL
F
IL
F
IL
F
IL
F
IL
S
IL
F
IL
F
IL
F
IL
F
IL
F
IL
IL
F
F
IL
F
IL
F
IL
IL
S
F
IL
F
IL
IL
S
S
IL
F
IL
S
IL


* Deposits at Takeover are quarter before conseivatorship.


C O N SE R ­
VATORSHIP
DATE
08/10/90
06/22/90
05/03/91
07/19/91
04/05/91
11/22/91
02/28/92
11/20/92
06/05/92
01/18/90
02/16/90
01/11/90
08/03/90
12/07/89
02/23/90
12/14/90
03/02/90
02/17/89
03/16/89
03/16/89
03/16/89
03/16/89
04/06/89
03/16/89
03/16/89
03/16/89
03/16/89
03/16/89
03/16/89
04/06/89
06/29/89
07/20/89
08/17/89
08/17/89
09/07/89
08/24/89
11/09/89
01/11/90

RES­
OLUTION
DATE
06/07/91
07/26/91
01/31/92
12/13/91
11/01/91
03/20/92
02/25/94
03/18/94
11/06/92
09/07/90
09/21/90
03/08/91
05/31/91
09/28/90
11/02/90
09/13/91
11/16/90
05/29/90
11/09/90
05/16/90
11/30/90
06/22/90
04/27/90
06/19/90
08/24/90
05/08/90
08/10/89
02/06/90
08/17/90
05/04/90
05/15/90
05/08/90
08/17/90
06/29/90
06/22/90
08/24/90
11/16/90
11/30/90

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
6
2
11
12
788
299
100
659
20
2
26
24
0
38
79
47
35
7
61
61
3
24
39
26
73
64
196
187
24
278
156
245
0
203
283
263
26
185
253
233
561
58
1,023
732
1,133
1,089
624
127
23
7
47
39
317
18
527
397
74
12
108
113
136
28
353
195
3
28
21
31
290
93
499
424
95
19
156
139
100
34
127
131
67
20
125
106
69
29
101
119
60
10
108
93
36
49
69
7
38
8
53
54
35
50
48
8
47
33
47
32
518
766
227
1,007
9
41
70
68
38
11
56
56
16
9
28
25
19
19
52
47
170
35
323
231
6
54
72
68
65
7
91
78
22
2
30
28
284
62
372
360
80
15
145
113

TA B LE VI: R T C R E S O L U T IO N S , 1 9 8 9 - J U N E 1 9 9 5
(Dollars in Millions)

NAME

CITY

CHARTER
F-Federal
STATE S-State

Crest FS&LA
Frontier FSB
United Savings of America
Olympic FSA
Clyde FSA
Fidelity SB. FSB
First FSA of Tuscola
Bank USA. SA
T o ta l-IL
First Commerce SB, FSB
Pioneer Savings, FA
First FS&LA of Central IN
Hometown SB, FSB
T o ta l-IN
First FS&LA of Pittsburg, FA

Kankakee
Belleville
Chicago
Berwyn
North Riverside
Danville
Tuscola
Silvis

IL
IL
IL
IL
IL
IL
IL
IL

S
S

Lowell
Plymouth
Delphi

IN
IN
IN
IN

F
F
S
F

Pittsburg
Overland Park
Prairie Village
Hiawatha
Newton
Prairie Village
Kansas City
Hutchinson
Topeka
Kansas City
Hutchinson
Wellington
Coffeyville
Topeka
Parsons
Parsons
Liberal
Hays
Medicine Lodge
Salina
Wichita
Garnett
Ottawa

KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS
KS

F
S
S
S
F
F
S
F
F
F
F
F
F

The Overland Park FS&LA
Pioneer FS&LA
The Hiawatha FSA
First FSA of Newton
Colonial FSA
Anchor FS&LA
Valley Savings FS&LA

Shawnee FS&LA
Sun SA, FA
First FS&LA of Hutchinson
First FSB of Kansas
First FS&LA of Coffeyville
Topeka Savings FS&LA
Peoples S&LA
Mid America FS&LA
Colonial SA of America
First of Kansas, FA
The Barber County S&LA
Peoples Heritage
M id-Kansas
Garnett S&LA
Franklin FSA
T otal-K S

Anderson

* Deposits at Takeover are quarter before conservatorship.



CONSER­
VATORSHIP
DATE
11/09/89
01/18/90

s
F
F
S
F
S

F
S
F
S
S

S
F

F
S
S

12/14/90
02/02/90
02/16/90
08/17/90
05/25/90
12.081
06/14/91
07/13/89
11/16/89
06/08/90
05/03/91
11/13/92
04/02/93
03/09/90
05/10/91
01/18/90
02/17/89
03/02/89
03/02/89
02/17/89
03/02/89
03/02/89
03/02/89
03/02/89
03/02/89
03/02/89
03/02/89
04/06/69
03/02/89
08/10/89
10/19/89
12/07/89
02/16/90

AT TAKEOVER

OLUTKDN
DATE

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94

09/14/90
11/29/90
09/27/91
03/27/92
05/31/91
08/22/90
06/07/91
11/09/90

145
46
1,027
935
529
14
22
24

02/07/92
05/18/90
10/05/90
12/14/90

10
83
193
63
349
291
206
139
52
121
147
848
237
223
198
197
168
78
105
88
85
77
54
56
1,900
773
18
10,543
16.605

11/01/91
08/13/93
03/11/94
11/16/90
10/28/91
08/10/90
06/22/90
11/09/90
05/18/90
05/11/90
04/20/90
12/14/90
08/18/89
05/11/90
05/04/90
05/04/90
09/22/69
06/01/90
05/04/90
01/12/90
02/15/91
08/10/90
06/10/94

131
47
1,050
681
560
16
23
21
10.358
10
92
177
58
338
144
95
127
54
105
102
594
211
196
185
171
168
95
108
71
88
64
46
42
1,470
587
18
4,657
9.398

100
34
1,050
445
368
11
17
18
7.440
6
80
157
49
292
120
61
80
46
90
91
455
118
165
122
157
113
86
99
59
71
60
36
34
1,323
405
14
840
4.648

33
4
55
91
67
2
3
0
1.469
2
12
26
10
50
6
15
51
40
4
24
171
107
17
77
93
71
51
58
18
14
48
9
18
785
107
2
315
2.099

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
Future FSB
Henderson Home S&LA, FA
United SB, FSB
T o ta l-K Y
Southern FSB
Dryades S&LA
Desoto FS&LA
Vermillion FSB
Oak Tree FSB
Carrollton Homestead Assn., F t
Life FSB
First FSA
Jennings FSA
Progressive SB, FSB
Pelican Homestead SA
Commonwealth FSA
United FS&LA
Security Homestead FSA
Horizon FS&LA
South S&LA, FA
French Market Homestead, FS/
First FS&LA
Delta S&LA, FA
First Louisiana FSB, FA
Acadia S&LA
American S&LA, FA
First FS&LA
Enterprise FS&LA
River City FSB
Central S&LA
Elmwood FS&LA
Fountainbleau FSB
First FS&LA
Evangeline FS&LA
Terrebonne S&LA
First City FS&LA
First SA of Louisiana
First FS&LA

CITY
Louisville
Henderson
Prestonsburq

CHARTER
F - Federal
STATE 3 - S ta te
KY
F
F
KY
KY
F

New Orleans
New Orleans
Mansfield
Abbeville
New Orleans
New Orleans
Baton Rouge
Winnfield
Jennings
Natchitoches
Metairie
New Orleans
Vldalia
New Orleans
Metairie
Slidell
Metairie
Shreveport
Kenner
Lafayette
Crowley
New Orleans
New Iberia
Marrero
Baton Rouge
New Orleans
Harahan
Slidell
Baton Rouge
Lafayette
Houma
Baton Rouge
La Place
Eunice

LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA
LA


* Deposits at Takeover are quarter before conservatorship.


S
S
F
S
S
S
F
F
F
F
S
S
F
S
F
S
F
F
S
F
F
S
F
F
F
S
F
F
F
F
S
S
F
F

CO N SER ­
VATORSHIP
DATE
02/02/90
08/30/91
12/28/90
06/07/91
11/02/90
05/10/91
10/13/91
03/13/92
01/29/93
08/31/90
05/18/90
07/13/90
07/20/90
08/07/89
02/17/89
08/07/89
02/17/89
03/16/89
08/07/89
11/02/89
03/16/89
08/07/89
03/16/89
03/02/89
03/16/89
08/07/89
03/02/89
03/02/89
03/16/89
03/16/89
08/07/89
08/07/89
03/02/89
03/16/89

RES­
OLUTION
DATE
08/30/91
11/30/90
11/22/91
09/27/91
09/09/94
09/06/91
11/01/91
08/26/94
04/08/94
03/25/94
09/06/91
08/02/91
08/23/91
01/31/92
07/12/91
07/20/90
05/24/91
05/18/90
06/14/91
09/14/90
12/07/90
09/28/90
11/30/90
10/06/89
06/06/90
09/28/90
09/08/89
10/06/89
06/22/90
09/08/89
06/01/90
08/17/90
08/18/89
12/07/90
09/07/90
09/15/89
05/11/90

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
394
390
394
46
50
27
5
54
40
39
32
0
483
453
51
484
193
15
229
230
258
67
18
268
63
42
9
65
14
18
18
1
350
1,612
2,225
2,256
12
2
32
36
9
16
2
15
33
56
51
7
56
34
56
12
55
46
21
17
1,429
1,429
355
1,373
44
35
20
51
18
18
0
18
391
93
582
537
393
330
269
388
131
235
92
266
238
207
91
278
151
200
104
223
99
81
114
177
106
80
48
161
138
140
152
106
71
57
69
27
55
73
64
18
67
67
38
72
98
97
68
75
63
52
33
61
48
59
48
29
33
29
41
37
34
46
43
34
79
63
46
79
17
24
7
29
16
25
11
22
45
39
32
45
15
6
27
16

TA BLE VI: R TC R E S O L U T IO N S , 1 9 8 9 - J U N E 1 99 5
(Dollars In Millions)

NAME
Peoples FS&LA of Thibodaux
Citizens Homestead FSA
Family FS&LA
Home S&LA
Parish FS&LA
Lafayette S&LA
Commercial S&LA, FA
Red River FS&LA
Columbia Fed. Homestead Ass
Peoples Homestead SB, FSB
Louisiana SA
C apltal-U nion FSA
United FS&LA
First FSA of Breaux Bridge
First SB of New Orleans, FSB
Deposit Trust SB
Louisiana SB, FSB
Jonesboro FSA
T otal-LA
Com Fed SB
Sentry SB, FSB
Plymouth FSA
New England FSA
Home FSB of Worcester
Home Owners SB, FSB
T otal-M A
Augusta FSA
John Hanson FSB
Republic SB, FSB
Irvington FSB
Potomac FSB
Standard FSA
Second National FSA
First FSB of Annapolis
Royal Oak FS&LA
Vermont SA, FA
Baltimore Fed. Fin., FSA
Gibraltar S&LA

RES­
OLUTION
DATE
05/11/90
06/07/91
06/15/90
06/22/90
11/30/90
06/01/90
05/31/91
05/17/91
08/30/91
08/02/91
09/13/91
06/21/91
09/28/90
06/21/91
07/26/91
12/07/90
09/13/91
08/16/91

CITY
Thibodaux
New Orleans
Shreveport
New Orleans
Denham Springs
Gretna
Hammond
Coushatta
Metairie
Monroe
Lake Charles
Baton Rouge
New Orleans
Breaux Bridge
Metairie
Monroe
Kenner
Jonesboro
Lowell
Hyannis
Plymouth
Wellesley
Worcester
Burlington

MA
MA
MA
MA
MA
MA

F
F
F
F
F
F

12/14/90
09/21/90
09/27/91
07/17/92
06/08/90
04/27/90

09/13/91
07/26/91
03/11/94
03/04/94
11/09/90
09/07/90

Baltimore
Beltsville
Rockville
Glen Burnie
Silver Spring
Gaithersburg
Salisbury
Annapolis
Randallstown
Timonium
Baltimore
Annapolis

MD
MD
MD
MD
MD
MD
MD
MD
MD
MD
MD
MD

F
F
F
F
F
F
F
F
F
F
F
F

04/26/91
04/26/91
03/22/91
02/28/92
08/28/92
10/21/92
12/04/92
06/01/90

03/20/92
06/10/94
02/28/92
08/20/93
02/25/94
11/18/94
09/16/94
05/03/91
01/04/91
06/28/91
04/20/90
06/08/90

* Deposits at Takeover are quarter before conservatorship.



CONSER­
VATORSHIP
DATE
03/16/89
08/07/89
03/16/89
08/07/89
07/20/89
07/27/89
07/27/89
12/14/89
10/13/89
10/19/89
12/14/89
07/13/90
03/16/90
05/11/90
06/15/90
01/11/90
11/09/90
05/18/90

CHARTER
F -F e d e ra l
STATE S -S ta te
LA
F
LA
S
LA
F
LA
S
LA
F
LA
S
LA
F
LA
S
S
LA
LA
F
LA
S
LA
F
F
LA
LA
F
LA
F
LA
F
F
LA
LA
F

02/09/90
02/07/89
03/02/89

ESTIMATED
DEPOSITS AT RES. CO ST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
16
8
20
21
120
116
95
37
31
24
20
19
36
35
30
19
15
15
9
5
29
27
22
9
78
66
49
36
8
5
11
3
90
67
28
97
293
263
126
105
451
396
274
124
267
368
322
125
20
43
39
54
18
21
2
21
133
86
56
165
27
100
91
55
50
32
11
57
54
35
20
54
8.933
5.646
4.031
9.365
973
678
352
1,651
220
397
750
587
25
84
184
138
138
118
19
21
146
218
234
242
2,289
608
3,500
2,706
3.686
1.373
4.764
6.456
8
143
130
87
143
141
877
657
8
26
6
26
46
26
5
43
20
74
68
26
385
1,859
858
97
1,619
165
1,155
495
166
755
614
432
28
29
29
2
336
51
252
164
1,579
835
396
1,242
70
71
26
10
AT TAKEOVER

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
Liberty SB, FSB
Yorkridge-C alvert FSA
T otal-M D
First FSA
American FSB
T otal-M E
First FS&LA
Ludington FSB
Peoples SA, FA
New Guaranty FS&LA
T o ta l-M l
First FS&LA of Thief River Fal
Lakeland SB, FSB
United SB, FSB
Midwest SA
Fairmont FSA
T otal-M N
First State SA
Community FS&LA
St. Louis County SA, FA
Home FSA of Kansas City
Colonial S&LA
Boonslick S&LA
Blue Valley FS&LA
Missouri SA, FA
First FS&LA of Southeast MO
Financial FS&LA
Mid Missouri S&LA, FA
Cass FS&LA of St. Louis
First Savings B&T, FSB
New Age FSA
T otal-M O
First City FSB
Peoples FSA, FA
Mercantile FSB
Security FS&LA
Greenwood FS&LA
Fidelity FSB

CITY
Randallstown
Baltimore

CHARTER
F -F e d e ra l
STATE S - S ta te
F
MD
MD

C O N SER ­
VATORSHIP
DATE
02/09/90
12/14/89

RES­
OLUTION
DATE
01/04/91
09/28/90

Lewiston
Sanford

ME
ME

F
F

05/21/92
01/11/90

03/18/94
09/13/91

Pontiac
Ludington
St. Joseph
Tavlor

Ml
Ml
Ml
Ml

F
F
F
F

10/16/91
05/17/91
03/09/89
07/27/89

08/27/93
02/07/92
02/02/90
04/27/90

Thief River Falls
Detroit Lakes
Windom
Minneapolis
Fairmont

MN
MN
MN
MN
MN

F
F
F
F
F

03/16/90
05/11/90
02/13/89
02/09/90

08/09/91
08/24/90
07/06/90
10/05/90
09/07/90

Sedalia
St. Louis
Ferguson
Kansas City
Cape Girardeau
Boonville
Kansas City
Clayton
Cape Girardeau
Joplin
Boonville
Florissant
Independence
St. Louis

MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO

01/11/90
03/15/91
01/26/90
11/02/90
02/17/89
06/29/89
04/06/89
04/06/89
06/29/89
04/06/89
05/04/90
08/23/91

04/03/92
12/14/90
06/28/90
03/27/92
11/09/90
05/24/91
06/15/90
09/07/90
05/18/90
04/27/90
04/27/90
06/22/90
07/06/90
03/19/92

Lucedale
Bay St. Louis
Southaven
Jackson
Greenwood
Corinth

MS
MS
MS
MS
MS
MS

09/07/90
02/08/91
04/19/91
10/16/92
02/23/90
04/06/89

07/19/91
08/09/91
10/25/91
04/15/94
05/31/91
05/04/90


* Deposits at Takeover are quarter before conseivatorshlp.


...

F
F
F
F
F
F
F
F
F
F
F
F

F
F

.... .

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. C O ST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
26
48
42
16
296
369
69
585
5.556
2.683
1.450
8.046
76
43
14
85
40
21
15
46
63
29
131
116
48
547
270
938
26
35
34
2
81
10
110
109
192
161
32
212
537
1.294
882
92
55
55
4
55
80
65
29
81
116
55
170
133
1,699
886
3,355
2,265
46
45
34
4
1.969
2.579
979
370 5
164
164
0
167
2,289
433
2,289
2,000
81
80
3
87
2,045
552
3,013
2,605
157
102
16
167
56
70
71
4
599
889
820
263
438
659
501
78
273
395
331
60
138
172
67
180
47
76
67
21
58
65
17
56
19
11
29
21
8
2
9
9
6.317 .... . -1.5 46
7.353
7.797
29
10
39
38
39
4
62
53
30
11
23
34
170
38
293
247
16
5
26
25
122
104
129
125

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
Central SB
Republic Bank for Savings, FA
Delta FS&LA
State Mutual FS&LA
Unifirst Bank for Savings
Brookhaven FS&LA
First Jackson FSB
First Guaranty FS&LA
Great American S&LA
Charter SB, FSB
Southeastern FSB
Mississippi SB, FSB
Southern FSB
T otal-M S
First FSA of Raleigh
Preferred SB, FSB
Southeastern FSB
Surety FS&LA
First American FSB
Heritage FS&LA
Great Atlantic SB
Guaranty SB, FSB
North Carolina S&LA, FA
T otal-N C
First FS&LA of Fargo, FA
First SA, FA
Midwest FSB
T otal-N D
Heritage FSB of Omaha
Occidental SB
Platte Valley Savings
Equitable FSB
Midwest FS&LA
Nile Valley FS&LA
First FSA of York
Equitable FS&LA
Total-N E
First Northern Coop. Bk, FSB

CITY
Jackson
Jackson
Drew
Jackson
Jackson
Brookhaven
Jackson
Hattiesburg
Corinth
Hattiesburg
Laurel
Batesville
Gulfport

CHARTER
F -F e d e ra l
STATE S - S ta te
MS
S
MS
F
MS
F
MS
F
MS
F
F
MS
MS
F
MS
S
F
MS
MS
F
S
MS
MS
S
F
MS

CONSER­
VATORSHIP
DATE
04/06/89
04/06/89
04/06/89
04/06/89
08/10/89
01/18/90
06/29/90
01/04/90
03/16/90
07/20/90
04/20/90
05/08/90
06/22/90

RES­
OLUTION
DATE
09/28/90
06/29/90
06/29/90
05/11/90
06/15/90
07/12/91
07/12/91
06/14/91
12/14/90
07/26/91
05/31/91
12/14/90
08/16/91

Raleigh
High Point
Charlotte
Morganton
Greensboro
Monroe
Manteo
Fayetteville
Charlotte

NC
NC
NC
NC
NC
NC
NC
NC
NC

F
F
F

12/07/90
03/08/91
11/16/90
07/09/91
06/05/92
03/30/89
03/30/89
07/27/90
03/02/90

03/06/92
09/27/91
09/20/91
08/27/93
10/08/93
09/21/90
09/15/89
06/14/91
09/21/90

Fargo
Bismark
Minot

ND
ND
ND

F
F

05/10/91
01/26/90
01/04/90

11/01/91
09/21/90
09/21/90

Omaha
Omaha
Gerlng
Fremont
Nebraska City
Scottsbluff
York
Columbus

NE
NE
NE
NE
NE
NE
NE
NE

F
F
F
F
F
F
F
F

02/16/90
02/17/89
02/17/89
02/17/89
02/17/89
02/17/89
01/18/90
02/16/90

11/30/90
06/22/90
05/11/90
11/16/90
05/18/90
09/15/89
06/22/90
06/22/90

|s

|102/20/91

| 08/02/91

Keene

I nh

* Deposits at Takeover are quarter before conservatorship.




F
S
S
F
F

I

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
62
66
73
45
87
85
70
74
11
9
14
11
9
6
10
4
821
605
98
524
29
45
42
9
100
91
47
24
254
184
163
99
133
72
172
37
69
41
24
134
49
38
10
22
156
93
149
34
137
94
77
41
1.629
679
2.608
2.108
74
596
424
169
16
209
174
122
463
217
40
368
219
163
66
4
53
725
639
392
68
269
253
161
59
110
129
124
54
50
29
11
88
327
637
455
3.300
2.648
1.593
412
5
51
39
51
83
114
100
21
141
992
578
447
166
728
569
1.157
227
174
121
22
685
183
525
488
347
319
206
262
222
203
145
37
144
119
41
92
63
64
62
42
61
54
8
47
74
63
58
9
1.823 .
1.276
549
__ L520
107
86
58
28

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
HomeBank FSA
T o ta l-N H
First Jersey Savings, FA
Mercer FSB
Alexander Hamilton FS&LA
Mainstay FSB, FSB
Center S&LA, FA
Prospect Park FSB
Riverside SB, S&LA
Hansen FSA
Newton SB, FSB
Amerifederal SB, FSB
City SB, FSB
Empire SB, FSB
Trident FS&LA, FA
Action FSB
White Horse FS&LA
Marine View FSB
Polifly FS&LA
Security FSB
Volunteer FSA
Irving FS&LA
Yorkwood FS&LA
Old Borough FS&LA
Nassau FS&LA
North Jersey FSA
Elysian FSB
Metropolitan FS&LA
Carteret FSB
Colonial FSA
First Atlantic FSA
Metrobank FS&LA
United S&L of Trenton, FA
Mutual Aid FS&LA
United SB, FSB
Nutley SB, SLA
Total—NJ
ABQ FSB

CITY
Gilford

CHARTER
F -F e d e ra l
STATE S - S ta te
F
NH

C O N SE R ­
VATORSHIP
DATE
10/10/91

RES­
OLUTION
DATE
07/22/94

Wyckoff
Trenton
Paterson
Red Bank
Clifton
West Paterson
Riverside
Hammonton
Fairfield
Lawrenceville
Somerset
Hammonton
Newark
Sommers Point
Trenton
Middletown
New Milford
Vineland
Little Feriy
Paterson
Maplewood
Trenton
Princeton
Passaic
Hoboken
Denville
Madison
Roselle Park
Plainfield
Palisades Park
Trenton
Manasquan
Paterson
Nutley

NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ

02/08/91
09/21/90
03/08/91
07/20/90
01/25/91
04/19/91
11/02/90
01/10/92
05/03/91
03/01/91
12/08/89
12/14/90
01/04/91
11/15/90
11/22/91
11/01/91
11/20/92
12/04/92
06/05/92
01/18/91
03/09/90
12/14/90
03/09/90
02/17/89
02/17/89
04/27/89
12/04/92
11/09/89
02/23/90
06/28/91
06/15/90
05/04/90
05/15/90

09/13/91
08/02/91
09/13/91
09/27/91
09/20/91
04/22/94
10/04/91
04/15/94
03/20/92
09/20/91
01/11/91
10/11/91
08/02/91
10/25/91
05/06/94
08/06/93
05/06/94
06/17/94
02/25/94
02/21/92
10/18/91
08/23/91
08/23/91
06/07/91
06/29/90
09/28/90
03/13/95
07/05/91
09/13/91
04/10/92
09/06/91
08/16/91
12/13/90
09/27/91

|i f” ...... n 102/09/90

| 03/01/91

Albuquerque

||NM


* Deposits at Takeover are quarter before conservatorship.


S
S
S
F
S
S
S
S
S
F
F
S
F
S
S
S

s
s
s
s
s
s
s
s
F
F
F

s
s
F
S
S
S
S

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
192
72
26
257
129 ........... . 54
364
278
316
256
206
51
20
83
47
99
179
5
212
214
55
165
77
254
91
19
139
125
191
106
473
537
101
61
144
209
249
62
493
427
27
5
38
42
75
24
112
96
4,410
1,874
10,228
7,321
99
33
239
193
36
10
51
44
120
81
277
198
38
21
67
75
86
4
126
107
245
37
371
451
482
76
842
1,104
26
6
53
49
161
33
218
235
191
157
57
211
85
116
5
131
157
55
336
275
301
194
138
333
109
200
39
205
149
174
14
165
1,369
276
2,621
4,828
243
111
474
337
709
260
1,281
1,002
258
156
493
347
169
43
269
274
62
21
104
105
32
162
247
244
172
27
188
172
10.941
3.819
.... 24i§Q4- .......... 17,606
862
512)
2,052
1,470

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars in Millions)

NAME
First FSA
Sandia FSA
American FS&LA
Valley SB, FSB
Sun Country SB of NM, FSB
New Mexico FSA
Silver SA, FA
Security FSB
Security FS&LA
First American FSB
T otal-N M
Frontier SA
Total-N V
Edison FSA
Beacon FSA
Eastern FSA of Sayville
Larchmont FS&LA
Yorkville FSA
State Savings FSB
Columbia Banking FSA
Westerleigh FS&LA
Nassau S&LA
Central FSB
Whitestone FS&LA
Empire FSB
Salamanca FSA
Ensign FSB
American S&LA
T otal-N Y
First FS&LA
Pioneer FS&LA
Columbia FSA of Hamilton
Superior FSA
M id-Am erica FS&LA
United Home Federal
Arcanum FS&LA
First FSA of Toledo
First Ohio SB

CITY
Las Vegas
Albuquerque
Albuquerque
Roswell
Albuquerque
Albuquerque
Silver City
Carlsbad
Albuquerque
Santa Fe

CHARTER
F -F e d e ra l
STATE S -S ta te
NM
F
NM
F
NM
F
NM
F
NM
F
NM
F
NM
F
NM
F
NM
F
NM
F

Las Vegas

NV

New York
Baldwin
Sayville
Larchmont
New York
Jackson Heights
Rochester
Staten Island
Brooklyn
Mineola
Whitestone
Buffalo
Salamanca
New York
New York

NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY

F
F
F
F
F
F
F
F
F
F
F
F
F
F
S

Mt. Vernon
Marietta
Hamilton
Cleveland
Columbus
Toledo
Arcanum
Toledo
St. Bernard

OH
OH
OH
OH
OH
OH
OH
OH
OH

F
S
F
S
F
F
F
F
F

* Deposits at Takeover are quarter before conservatorship.



8

_

CO N SER ­
VATORSHIP
DATE
11/16/90
02/10/89
03/09/89
03/09/89
03/09/89
07/20/89
12/21/89
05/04/90
05/03/91
08/31/90
J|

RES­
OLUTION
DATE
06/21/91
03/01/91
06/08/90
06/08/90
05/31/90
06/15/90
01/18/91
11/16/90
03/13/92
11/30/90
| 12/14/90

252
11/30/90
03/08/91

09/21/90
03/22/91
06/12/92
05/31/91
03/16/90
12/07/90
03/16/90
01/24/90
11/30/89
08/31/90

06/29/90
04/05/91
10/23/90

03/15/91
02/01/91

08/30/91
10/18/91
09/27/91
08/09/91
09/20/91
03/27/92
06/03/94
03/27/92
11/16/90
03/13/92
11/16/90
09/28/90
08/17/90
07/19/91
05/05/95
08/23/91
11/16/90
11/01/91
09/27/91
12/15/90
09/06/91
09/20/91
09/27/91
03/13/92

AT TAKEOVER
ASSETS DEPOSITS*
57
41
917
1,075
207
151
261
213
73
77
256
193
33
27
29
34
274
193
125
109
4.234
3.631
252
246
246
154
114
418
382
259
261
123
121
400
345
465
394
1,267
1,073
149
144
302
300
877
838
385
352
8,050
8,024
30
30
1,833
1,467
66
58
14.779
13.903
69
69
11
9
63
51
97
58
960
878
427
437
47
47
1,067
1,011
37
31

DEPOSITS AT
RESOLUTION
33
838
126
235
68
168
19
29
112
105
2.595
246
246
84
351
261
121
258
312
709
112
257
502
283
5,860
26
940
58
............_ 1 0,134
69
6
34
34
878
437
38
803
31

ESTIMATED
RES. COST
@ 12/31/94
16
979
69
175
57
62
8
16
36
63
.......... 1,992
11
........ 11
9
38
39
0
86
165
97
14
68
272
56
1,620
1
680
8
...... .... 3.155
4
1
3
22
63
28
3
80
0

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
TransOhio FSB
Crestline FS&LA
First S&L Co., FA
Midland Buckeye Savings, FS&
Broadview FSB, FA
Civic FSB
Liberty SB, FSB
Freedom SA, FA
Merchants & Mechanics FSB
T otal-O H
First FSA of Wewoka
American SB, FSB
State Federal SA
First FSA of Chickasha
Broken Arrow SA
Clinton S&LA
Peoples FSA
Continental FS&LA
Family SB, FSB
First FS&LA of Seminole
The Duncan S&LA
Great Plains SA, FA
Cross Roads S&LA
Chisholm FSA
Red River FS&LA
Cimarron FSA
American Home S&LA, FA
Sooner FSA
T o ta l-O K
The Benjamin Franklin FS&LA
Far West FSB
Family FSA
T otal-O R
Home Unity FS&LA
Peoples FSB
Heritage FSA
Bell FSB
Springfield FSA

C ITY
Cleveland
Crestline
Massilon
Alliance
Cleveland
Portsmouth
Marietta
Columbus
Springfield

CHARTER
F -F e d e ra l
STATE S - S ta te
S
OH
S
OH
OH
F
OH
OH
OH
OH
F
OH
F
OH

CONSER­
VATORSHIP
DATE
07/10/92
11/20/92
04/20/90
03/30/89
03/30/89
06/08/89
05/03/91
02/16/90

RES­
OLUTION
DATE
09/16/94
07/30/93
07/19/91
09/07/90
05/18/90
08/02/91
01/31/92
08/09/91
08/23/91

>
Wewoka
Ada
Tulsa
Chickasha
Broken Arrow
Clinton
Bartlesville
Oklahoma City
Sapulpa
Seminole
Duncan
Weatherford
Checotah
Kingfisher
Lawton
Muskogee
Edmond
Tulsa

OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK
OK

F
F
F
F
F
S
F
F
F
F
S
F
S
F
F
F
S
F

03/08/91
03/22/91
02/16/90
03/22/91
08/24/90
03/09/90
03/16/89
10/05/89
03/16/89
03/16/89
10/26/89
07/13/89
04/19/91
04/26/91
04/19/91
10/05/89
11/16/89

08/02/91
11/01/91
08/16/91
02/07/92
06/07/91
07/19/91
12/14/90
08/09/91
05/25/90
09/21/90
08/17/90
08/17/90
05/11/90
03/20/92
03/27/92
05/21/93
09/12/90
09/14/90

Portland
Portland
Dallas

OR
OR
OR

F
F
F

02/21/90
05/23/91
01/11/90

09/07/90
04/15/94
06/22/90

Lafayette Hill
New Kensington
Lancaster
Upper Darby
Springfield

PA
PA
PA
PA
PA

S
F
S
S
F

06/04/92
03/01/91
07/06/90
03/15/91
06/14/91

08/27/93
09/06/91
05/31/91
03/20/92
03/20/92

s
s
s
s


* Deposits at Takeover are quarter before conservatorship.


AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
2,392
1,236
3,371
102
30
27
17
7
20
157
108
174
40
210
145
212
794
195
1,747
1,137
59
17
104
101
4
18
10
18
54
215
312
352
200
21
203
200
664
8.986
. 5.116
.. .....7.148
24
7
33
28
46
118
90
79
98
358
274
531
114
10
170
152
6
18
27
23
3
21
22
21
9
74
108
90
218
526
407
661
49
8
53
54
26
8
35
35
28
117
138
155
49
25
72
114
15
13
16
17
123
1
164
147
301
5
433
378
481
3
826
710
6
41
95
79
1,034
229
1,152
1,566
722
3.247
5.129
4.068
0
2,650
4,692
3,214
381
714
2,160
1,273
93
13
170
101
393
3.458
7.021
4.587
399
36
681
630
9
84
109
97
40
2
50
50
439
245
963
717
0
74
105
94

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars in Millions)

NAME
Abraham Lincoln FSA
Chase FS&LA
Homestead FSA
First Home FSA
Alpha Indian Rock FS&LA
Ukranlan FS&LA
First FS&LA of Pittsburgh
Vanguard SB, FSB
C oncord-Liberty FS&LA
Liberty Bell SA
Hill Financial SA
Horizon Financial, FA
Atlantic Financial Savings
Colony FSB
T o ta l-P A
Caguas Central FSB
T otal-P R
Colonial FSB
Old Stone FSB
T o ta l-R i
First South FSB
Citadel FS&LA
Cooper River FSA
Seabank FSB
Security FS
Standard FS&LA
T o ta l-S C
First FSB of South Dakota
First Federal SB
T otal-S D
First FSA of Waynesboro
George Washington FSA
Lincoln FS&LA
United Guaranty FSB
Germantown Trust SB
Century FSB
Cherokee Valley FSA
Home FS&LA

CITY
Dresher
Philadelphia
Middletown
Pittsburgh
Philadelphia
Philadelphia
Pittsburgh
Vandergrief
Monroeville
Beaver Falls
Red Hill
Southampton
Bala Cynwyd
Monaca
Caguas

CHARTER
F -F e d e ra l
STATE S - S ta te
PA
F
PA
S
PA
S
S
PA
PA
S
S
PA
PA
F
PA
F
PA
S
S
PA
PA
S
F
PA
PA
F
PA
F

IPR

02/23/90
03/09/89
03/09/89
03/09/89
06/08/89
01/11/90
04/05/90

RES­
OLUTION
DATE
03/25/94
07/30/93
04/08/94
06/30/93
07/09/93
06/24/94
01/04/91
07/05/91
12/15/89
12/15/89
10/13/89
05/25/90
11/15/91
10/11/91

Cranston
Providence

RI
RI

s
F

105/25/90
1.667
05/10/91
01/29/93

C olunbia
Charleston
North Charleston
Myrtle Beach
Columbia
Columbia

SC
SC
SC
SC
SC
SC

S
F
F
F
F
F

04/24/92
08/07/92
06/05/92
04/27/89
11/30/89
08/02/91

09/24/93
04/29/94
06/03/94
12/19/89
02/15/91
09/24/93

Rapid City
Huron

SD
SD

F
F

03/08/91

04/24/92
09/13/91

Waynesboro
Jonesborough
Mt. Carmel
Tullahoma
Germantown
Trenton
Cleveland
Memphis

TN
TN
TN
TN
TN
TN
TN
TN

F
S
F
F
S
F
F
F

02/08/91
02/01/91
03/09/89
03/09/89
03/09/89
03/09/89
06/12/92
07/20/89

08/09/91
07/05/91
06/15/90
05/04/90
05/18/90
06/15/90
09/23/94
06/15/90

* Deposits at Takeover are quarter before conservatorship.



I

C O N SER ­
VATORSHIP
DATE
09/19/91
11/22/91
08/30/91
06/19/92
02/28/92
03/12/92

|I 08/31/90
1.255
03/13/92
07/08/94

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
198
164
60
16
49
45
12
11
230
179
74
26
131
128
0
0
7
8
2
3
76
39
72
8
2,929
2,344
2,344
252
178
149
114
32
218
237
199
41
100
86
64
10
3,417
2,452
2,024
903
2,614
1,481
1,777
405
5,525
3,736
1,730
1,102
420
327
197
95
13.293
9.375
3.196
. 17,999
1,255
913
1,667
327
913
327
65
62
31
35
1,902
1,699
1,115
65
1.967
1.761
1.146
100
59
48
15
8
38
38
6
8
231
201
62
21
35
34
32
8
746
667
496
112
278
160
327
22
1.437
1.265
771
179
145
164
164
34
50
53
35
2
198
213
199
36
18
18
16
3
13
15
8
2
74
65
35
21
13
11
8
4
106
124
92
54
77
75
57
22
139
124
70
0
225
164
153
41

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
Metropolitan FS&LA
Investors SB, FSB
Tennessee FSB
T otal-TN
First S&LA, FA
San Jacinto SA
Hidalgo FS&LA
Atascosa FSB
Amigo FS&LA
Citizens Security Bank, FA
Fidelity FS&LA
Centre SA, FA
Texas Commercial FSA
City S&LA, FA
Executive Banc SA, FA
New Merabank Texas, FSB
First SB of Hempstead, FSB
Burleson Co. FSA
Davy Crockett FSA
North TX FSA
First FSA of Nacogdoches
Mutual S&LA
First FSA of Conroe
First FS, FSA
First FSA of Wichita Falls
Marshall SA, FA
Atlanta FSA
First FSA
Southwest FSA
First Bankers Trust, SA
Superior SB, FSB
Banner Banc FS&LA
Andrews S&LA, FA
The Federal Savings Banc, FA
Bright Banc SA
University FSA
Benjamin Franklin FSA
Commonwealth FSA

CITY
Nashville
Nashville
Cookeville

CHARTER
F -F e d e ra l
STATE S - S ta te
F
TN
F
TN
S
TN

Temple
Houston
Edinburg
Jourdanton
Brownsville
Borger
Austin
Arlington
Sulphur Springs
San Antonio
New Braunfels
El Paso
Hempstead
Caldwell
Crockett
Wichita Falls
Nacogdoches
Weatherford
Conroe
New Braunfels
Wichita Falls
Marshall
Atlanta
Lubbock
Dallas
Midland
Nacogdoches
Garland
Andrews
Arlington
Dallas
Houston
Houston
Houston

TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX


* Deposits at Takeover are quarter before conservatorship.


F
S
S
S
S
F
F
S
S
S
S
F
F
S
F
F
F
S
F
F
F
F
F
F
S
S
F
S

s
s
s
s
s
s

CONSER­
VATORSHIP
DATE
04/19/91
03/09/90
08/03/90

RES­
OLUTION
DATE
03/27/92
06/07/91
05/31/91

08/24/90
11/30/90
09/21/90
11/30/90
08/03/90
03/22/91
07/12/91
08/16/91
09/21/90
10/26/90
11/09/90
05/31/91
09/14/90
05/31/91
09/13/91
07/13/90
11/30/90
06/01/90
05/18/90
05/25/90
03/16/90
01/18/90
08/31/90
10/11/91
05/18/90
06/08/90
08/10/90
01/04/90
12/07/90
05/11/90
02/10/89
02/14/89
03/09/89
03/09/89

09/06/91
09/27/91
08/09/91
08/02/91
06/28/91
08/16/91
02/07/92
02/21/92
06/14/91
09/04/91
08/09/91
04/03/92
07/26/91
02/28/92
03/06/92
05/31/91
05/31/91
07/12/91
07/19/91
06/07/91
06/07/91
06/29/90
06/14/91
03/20/92
07/26/91
05/10/91
07/19/91
09/28/90
09/06/91
06/09/91
02/02/90
10/13/89
09/06/91
06/21/91

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
1,011
586
807
147
80
27
18
66
39
36
19
12
322
1.072
_ J«8_13 ____ 1-.48Z.
279
54
335
324
1,893
1,897
3,244
2,776
86
41
153
121
28
8
33
35
15
6
20
20
19
28
7
34
9
36
68
56
8
5
18
16
22
7
27
27
97
45
182
191
10
4
15
16
566
12
1,168
742
3
31
25
34
8
23
32
32
27
4
48
48
13
75
95
99
25
51
45
62
17
92
77
107
39
141
145
180
183
42
207
232
20
71
89
88
50
19
58
66
78
13
89
93
16
167
218
222
556
2,950
3,734
5,350
19
77
93
102
15
55
74
77
38
29
55
57
60
13
124
109
42
82
139
123
1,567
2,716
4,563
3,003
3,458
2,564
4,955
3,731
940
1,291
2,731
2,005
1,263
1,486
1,821
1,608

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME

CITY

Murray FS&LA
Dallas
San Antonio
Gill SA
Bancptus FSA
Pasadena
Commerce FSA
San Antonio
Resource SA
Denison
Alamo FSA of Texas
San Antonio
MeritBanc SA
Houston
American S&LA of Brazoria Co. Lake Jackson
First South FSA
Houston
First State FSA
San Antonio
Texarkana
Security FSA
Waco
Central TX S&LA
Ameriway SA
Houston
Spindletop SA
Beaumont
Western Gulf S&LA
Bay City
Jasper FS&LA
Jasper
Universal FSB
Houston
Bedford SA
Bedford
Jefferson S&LA
Beaumont
Centennial FS&LA
Greenville
Bankers S&LA
Galveston
Spring Branch S&LA
Houston
Mission SA
San Antonio
Brownsville
Southmost S&LA
Trinity Valley FS&LA
Cleveland
First Capital SA of TX
Houston
Village Savings FSB
Houston
Vision Bank SA
Kingsville
First Equity SA
Tombali
Citizens of TX S&LA
Baytown
Meridian SA
Arlington
Jacksonville
Savings of TX Assoc.
La Hacienda SA
San Antonio
Palo Duro S&LA
Amarillo
Century S&LA
Baytown
Timberland FSA
Nacogdoches
Humble S&LA
Humble
Deep East TX SA
Jasper

CHARTER CONSER­
F-Federal VATORSHIP
STATE S-State
DATE

RES­
OLUTION
DATE

TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX

06/08/90
06/15/90
09/20/91
07/12/91
11/16/90
05/03/91
09/14/90
09/28/90
07/12/91
05/04/90
12/07/90
11/02/90
05/11/90
06/01/90
11/08/90
06/14/91
06/22/90
04/20/90
08/24/90
03/02/90
03/16/90
08/31/90
05/04/90
10/26/90
10/06/89
09/22/89
09/22/69
12/07/90
05/11/90
08/10/90
04/13/90
09/28/90
05/04/90
05/17/91
08/16/89
08/02/91
09/15/89
11/02/90

* Deposits at Takeover are quarter before conservatorship.



S
S

s
s
s
s
s
s
s
s
F
s
s
s
s
F
s
S
S
F
S
S
S
S
S
S
F
S
S
S
S
S
S
S
S

s
s
s

04/05/89
02/07/89
03/09/89
02/28/89
04/06/89
03/02/89
03/16/89
03/09/89
03/15/89
03/02/89
03/16/89
04/06/89
03/09/89
03/16/89
03/09/89
03/16/89
03/09/89
04/06/89
03/16/89
04/06/89
03/09/89
03/09/89
03/02/89
03/02/89
03/09/89
03/09/89
03/09/89
03/02/89
03/09/89
03/09/89
04/06/89
03/16/89
03/02/89
01/26/90
03/09/89
03/16/89
03/09/89
03/16/89

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
1,431
1,523
699
843
662
630
259
287
313
295
293
236
186
302
215
142
244
108
135
108
110
126
98
112
102
85
128
95
96
71
295
80
68
67
85
57
60
54

1,171
1,448
922
800
426
628
322
327
454
325
471
211
237
325
243
154
260
103
125
83
114
148
101
112
87
109
155
93
120
104
435
80
116
42
88
49
76
56

1,069
1,197
352
755
324
351
263
217
325
296
365
136
195
284
177
136
223
84
117
72
104
154
73
95
79
113
161
76
115
106
349
67
93
40
85
23
79
52

466
1,489
760
631
345
596
236
234
487
314
505
123
200
279
242
82
266
78
92
40
26
111
82
63
32
82
123
78
97
86
465
64
113
15
60
15
65
30

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars in Millions)

NAME
Park Cities SA
First SA of SETX
Southside FS&LA
Liberty County FS&LA
Rusk FS&LA
Southeastern SA
FSA of the Southwest
Sabine Valley FSA
Bayshore FSA
American FSB
City SA
Southeast TX FSA
Golden Triangle S&LA
Golden Circle SA, FSB
Padre FS&LA
Standard FSA
Permian S&LA
Continental Savings, FS&LA
General SA
Suburban SA
Excel Banc SA
Bexar SA
San Antonio SA
Fidelity FSA
Heritagebanc SA
Victoria SA, FSA
Austin FS&LA
Hearne B&LA
Plano S&LA, FA
Taylorbanc FS&LA
East Texas S&LA
First S&LA, FA
Cornerstone FSA
Guadalupe S&LA, FA
Caprock FS&LA
New Braunfels S&LA
Hallmark SA, FA
North American FSA

CITY
Dallas
Silsbee
Austin
Liberty
Rusk
Dayton
Kilgore
Center
LaPorte
Austin
League City
Woodville
Bridge City
Corsicana
Corpus Christ!
Houston
Kermit
Bellaire
Henderson
San Antonio
Laredo
San Antonio
San Antonio
Port Arthur
Duncanville
San Antonio
Austin
Hearne
Plano
Taylor
Tyler
Waco
Houston
Kerrville
Lubbock
New Braunfels
Plano
San Antonio

CHARTER
F -F e d e ra l
STATE S -S ta te
S
TX
S
TX
s
TX
F
TX
TX
F
S
TX
TX
F
TX
S
TX
S
TX
F
TX
S
TX
S
s
TX
TX
F
TX
F
S
TX
S
TX
F
TX
S
TX
S
TX
TX
S
S
TX
S
TX
S
TX
S
TX
S
TX
TX
S
S
TX
S
TX
TX
S
S
TX
F
TX
S
TX
TX
S
S
TX
S
TX
S
TX
S
TX


* Deposits at Takeover are quarter before conservatorship.


CONSER­
VATORSHIP
DATE
04/06/89
03/16/89
08/17/89
03/09/89
03/16/89
03/09/89
07/27/89
03/16/89
03/09/89
04/06/89
03/09/89
03/16/89
03/16/89
04/06/89
03/02/89
01/18/90
03/02/89
03/09/89
03/16/89
03/02/89
04/06/89
03/02/89
03/02/89
03/16/89
04/06/89
06/29/89
11/30/89
08/17/89
09/21/89
08/17/89
09/21/69
07/13/89
07/13/89
08/17/89
08/01/89
07/27/89
07/27/89
07/27/89

RES­
OLUTION
DATE
08/10/89
11/30/90
06/08/90
07/19/91
06/29/90
10/26/90
06/01/90
05/31/91
09/20/91
09/08/89
08/31/90
06/26/91
10/12/90
08/24/90
01/11/91
08/26/91
08/10/90
08/16/91
06/29/90
09/14/90
12/14/90
06/15/90
03/09/90
11/30/90
04/27/90
10/25/91
06/26/91
05/25/90
06/15/90
06/22/90
06/08/90
06/15/90
05/18/90
06/08/90
09/21/90
06/01/90
05/16/90
05/22/90

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
50
37
39
20
58
44
27
24
41
53
34
30
47
46
27
17
52
47
31
25
80
68
73
76
40
20
48
36
29
22
11
44
63
57
41
34
32
31
36
17
39
40
25
24
36
27
22
9
62
51
43
57
19
14
21
5
26
32
19
24
10
15
10
15
8
3
12
11
382
570
587
673
50
38
76
27
60
50
22
27
159
71
73
174
799
765
950
693
2,268
1,914
1,937
1,107
260
194
266
137
145
138
96
191
656
328
959
752
55
23
108
85
23
28
26
8
244
151
280
255
97
54
145
137
205
78
331
212
405
176
400
413
81
34
117
110
17
8
28
16
365
395
538
442
44
60
87
82
118
156
190
176
53
53
85
92

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME

CITY

Sunbelt FS, FSB
Irving
Capitol City FSA
Austin
Uvalde
Uvalde FS&LA
Dallas
Metropolitan Financial FSB
Denton FS&LA
Denton
Borger
First FSA
Brenham
First FS&LA of Brenham
Garland
First Garland FS&LA
Georgetown
Certified FSA
Karnes County FS&LA
Karnes City
C olim bla FS&LA
Nassau Bay
Laredo
First Savings of Laredo
Surety FSA
El Paso
Valley FSA
McAllen
Texas Western FSA
Houston
Fortune Financial FS&LA
Copperas Cove
Southwestern FSA
El Paso
Travis FS&LA
San Antonio
TexasBanc FSB
Conroe
Remington FS&LA
Elgin
Nowlin FSA
Ft. Worth
First Southwest FS&LA
Tyler
Windsor FSA
Austin
First FS&LA of San Antonio
San Antonio
Texas FSA
San Antonio
First FS&LA
Beaumont
El Paso
El Paso FSA
T otal-TX
Salt Lake City
American Savings FS&LA
Salt Lake City
Deseret S&LA, FA
Mountainwest S&LA, a FS&LA Ogden
Williamsburg FS&LA
Salt Lake City
Salt Lake City
Home SB, FSB
T o ta l-U T
Norfolk
Sentry FSA
Vienna
United FSB
Richmond
Heritage FSB
Richmond
CorEast FSB

CHARTER
F-Federal
STATE S-State
TX
F

RES­
OLUTION
DATE

04/26/91
07/27/89
01/26/90
08/10/89
08/24/89
05/18/90
09/21/89
09/21/89
01/11/90
01/18/90
12/21/89
09/14/89
10/19/89
10/19/89
11/16/89
11/30/89
11/30/89
06/29/90
02/23/90
05/25/90
02/23/90
11/30/90
06/29/90

TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX

S
S
S
S
S
S
S
S
S
S
F
S
F
F
S
S

F
S
F
F

09/07/90

04/10/92
09/14/90
10/19/90
06/22/90
06/22/90
06/28/91
05/25/90
06/22/90
07/19/91
12/07/90
09/13/91
06/15/90
06/07/91
06/29/90
06/17/90
10/19/90
06/14/91
06/21/91
08/02/91
05/30/91
08/16/91
08/23/91
07/12/91
01/04/91
05/22/91
09/27/91
09/20/91

UT
UT
UT
UT
UT

F
F
F
S
S

02/17/89
02/10/89
02/17/89
01/26/90
07/05/90

06/08/90
05/25/90
05/25/90
09/14/90
02/28/92

F

05/03/91
07/31/90
10/19/90
02/01/91

03/20/92
09/20/91
07/05/91
03/06/92

VA
VA
VA
VA

* Deposits at Takeover are quarter before conservatorship.



CONSER­
VATORSHIP
DATE

s
s
s
s
s

F

S
F
F

04/20/90

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
5,891
549
15
843
171
66
149
133
125
56
78
183
300
559
108
81
129
325
317
133
202
52
115
530
57
257
401
57.574
2,239
177
250
310
14
2.990
51
420
886
1,207

4,259
396
14
663
146
53
138
105
91
57
71
157
245
536
95
74
114
271
385
114
196
45
103
475
60
251
370
48,171
1,383
178
226
257
10
2.054
47
353
723
990

3,379
161
10
694
144
38
121
96
72
47
49
115
173
502
58
62
89
239
371
89
147
30
72
475
46
251
244
38.663
1,261
152
152
215
5
1.784
23
172
484
583

54
199
6
366
48
18
57
39
60
26
36
119
91
282
22
38
69
67
328
66
68
6
53
88
49
29
171
26.266
325
98
82
43
0
548
13
135
130
224

TABLE VI: RTC RESOLUTIONS, 1989 - JUNE 1995
(Dollars In Millions)

NAME
TrustBank FSB
Investors FSB
Perpetual SB
Vista FSA
Piedmont FSA
Commonwealth FSB
Liberty FSB
Federal SA of VA
Home FSB
Security FSA
Community FS&LA
Peoples S&LA
Seasons FSB
Atlantic Permanent Federal
T otal-V A
Family S&LA, FA
Gibraltar Savings, FSB
Frontier FS&LA
T otal-W A
Monycor FSB
Community S&LA
Durand FS&LA
T otal-W l
Evergreen FS&LA
First Standard SA
First FSA of Bluefield
Shenandoah FSA
T otal-W V
Westland FS&LA
Sweetwater FS&LA
First FSB
Provident SA, FA
Total—WY
TOTAL

CITY
Tysons Corner
Richmond
Vienna
Reston
Manassas
Manassas
Warrenton
Falls Church
Norfolk
Richmond
Newport News
Hampton
Richmond
Norfolk

CHARTER
F -F e d e ra l
STATE S - S ta te
VA
F
VA
F
VA
F
VA
F
F
VA
VA
F
VA
VA
F
VA
F
VA
F
VA
F
VA
F
VA
F
VA
F

02/28/92
10/09/92
04/03/92
07/17/92
04/10/92
07/10/92
03/02/90
03/30/89
08/29/89
10/19/89
12/08/89

RES­
OLUTION
DATE
03/20/92
07/10/92
01/10/92
04/29/94
05/13/94
05/06/94
03/25/94
03/11/94
09/30/94
09/28/90
05/18/90
05/18/90
09/28/90
07/12/91

Seattle
Seattle
Walla Walla

WA
WA
WA

S
F
F

02/08/91
03/31/89
02/23/90

07/19/91
06/29/90
06/22/90

Barron
Fond Du Lac
Durand

Wl
Wl
Wl

F
S
F

07/12/91
02/17/89
03/30/89

03/13/92
02/09/90
05/25/90

Charleston
Fairmont
Bluefield
Martinsburg

WV
WV
WV
WV

F
F
F
F

09/13/91
02/23/90
02/23/90
05/08/92

09/17/93
11/02/90
11/09/90
10/15/93

Rawlins
Rock Springs
Diamondville
Casper

WY
WY
WY
WY

F
F
S
F

11/30/89
02/23/90

07/26/91
08/22/90
06/15/90
08/17/90


* Deposits at Takeover are quarter before conservatorship.


CONSER­
VATORSHIP
DATE
01/25/91
12/13/91

AT TAKEOVER

ESTIMATED
DEPOSITS AT RES. COST
ASSETS DEPOSITS* RESOLUTION @ 12/31/94
1,880
1,500
833
211
875
529
2,009
1,432
2,424
671
2,849
2,424
108
32
35
111
150
89
482
370
28
18
75
64
93
86
24
14
30
30
1
11
52
51
232
194
320
237
171
44
8
10
9
2
20
26
24
4
213
120
279
57
173
590
371
88
9.176
2.327
... 11.548.
6,17.4.
44
60
4
101
1,029
115
1,816
1,368
98
119
7
162
1.172
127
2.079
1.546
96
8
153
136
147
38
186
161
118
84
47
114
94
327
453 ... ....... -4 1 5
15
35
4
38
61
6
75
75
20
5
33
37
43
6
68
98
138
20
248 ........ . 2 1 L
29
29
5
32
11
2
12
11
17
23
7
11
159
242
200
27
309
251
217 ____ ___ .41
$220,585 .......*9 0 .0 9 9
$315,441
$402,571




TECHNICAL NOTES

87




Technical Notes
Tables I-S. I. IIA-S. IIB-S. IIC-S and II
1. Conservatorship/receivership accounting differences Under Generally Accepted Accounting Principles
(GAAP), the RTC and its conservatorships use accrual accounting while RTC receiverships use modified cash
accounting. Most subsidiaries of both conservatorships and receiverships use accrual accounting. Some
differences between these accounting rules were reversed for more consistent reporting (see note 2). Other
differences are discussed in notes 6, 7, 9 and 11.
2. Contra-assets were reversed for all conservatorship reporting in this document, to reduce the effects of
accounting differences between conservatorships and receiverships. Contra-assets include valuation allowances,
unearned discounts and loans-in-process.
3. All assets are shown net of participations (i.e., if the RTC only owns part of an asset, only the portion owned
by the RTC is reported).
4. The tables reflect revisions made after the data were first reported. Differences between the data initially
reported and data in these tables exist for two primary reasons: (a) corrections to data after they were first
reported, or (b) revisions resulting from reporting changes or changes in the source database structure. Those
from reporting changes are discussed in a separate section below. Although most of the changes were made
within the appropriate RTC system, some were made by the Office of Planning, Research, and Statistics for
this publication; these are discussed in note 5.
5. To prepare a valid time series, the receivership data required several adjustments. Due to audit requirements,
the source for receiverships records corrections of prior period data in the period when corrections are made;
certain prior period adjustments are made at year-end. In addition, the structure of the source database changed
twice during the life of the RTC. Thus the following adjustments were made to these data:
a. all resolution sales were assumed to occur during die quarter of resolution;
b. all negative putbacks were assumed to be corrections of prior putbacks, and were moved to prior quarters
on a pro-rata basis;
c. year-end adjustments were assumed to occur during the fourth quarter of the year when they were
recorded;
d. reclassifications of cash and non-interest bearing deposits asset activity from other assets to cash and
securities (which were made in late 1992 and early 1993) were moved into a quarter shortly after
resolution, where the activity most likely occurred; and
e. other adjustments were made after researching apparent errors in the original data. Most of these
adjustments relate to the timing of activity, although some affect the inception-to-date figures.
All adjustments were made separately by institution and by the six asset types. Some of these adjustments are
not included in other RTC publications.
6. In receiverships, the origination of mortgages (seller financing) is treated as an asset transfer rather than a
new asset. Because only the down payment is treated as sales proceeds, the reported recovery rates for financed
sales tend to be very low; however, the subsequent recovery on the new mortgage is generally quite high. Most
seller financing has been used for real estate sales, but subsequent collections from the new mortgage are
recorded under mortgages; thus the effects do not balance out when reviewing the results of a single asset type.
Through September 1995, the RTC has originated about $4.7 billion in seller financing, and roughly $1.2 billion




89

was outstanding as of September 30, 1995.
7. In conservatorship, working cash and reserve funds are recorded within cash and investment securities. In
receivership, these assets are recorded separately and are not included in these reports.
8. When assets are securitized, the full cash recovery at sale is recorded, even though some of the funds are
set aside as reserves against future losses. Subsequent losses from reserve funds are recorded as principal losses
(effectively reversing the earlier recoveries) as they occur. Additional recoveries from the sale of residuals
receive similar treatment, except they are gains rather than losses. As of September 1995, estimated future
securitization losses were $1.6 billion, and estimated gains on future residual sales were $0.6 billion.
9. Goodwill is written off the books of conservatorships in the first few months after takeover, and is not
recorded at all for receiverships.
10. Subsidiary assets are not consolidated on these tables. Most employ the "equity'* method of accounting,
where the parent’s equity in the subsidiary is shown. Ongoing income and expenses (including gains and losses
from sales of subsidiary assets) are shown as an adjustment to the parent’s equity holding. Ongoing
distributions and payments at dissolution are shown as other (non-sale) principal collections.
11. Writedowns and writeoffs These are generally taken only after an asset is sold, an asset is determined to
be worthless, a subsidiary is dissolved, or a work-out agreement with die borrower has been executed.
Writedowns are not taken during the marketing period of an asset. Receiverships do not write down an asset
at foreclosure. Per GAAP, writedowns may be taken at foreclosure in conservatorships, although some
conservatorships chose to follow receivership accounting for foreclosures. Writedowns taken during
receivership are booked as a loss at disposition. Conservatorships book writeoffs taken at foreclosure as asset
adjustments. From inception through September 1995, total foreclosures during conservatorship were $6
billion; the amount of associated writeoffs is unknown.
12. In receiverships, the creation of an equity partnership is treated like an asset transfer rather than the creation
of a new asset. Like seller financing (note 6), this results in low reported recovery rates initially, which are
later augmented by recoveries from the partnership. Because equity partnership recoveries are recorded in other
assets, while the original sales often come from mortgages or real estate, die effects do not balance out when
reviewing results of a single asset type.
Tables m-S and IP
1. The RTC occasionally sold individual branches or groups of branches of an institution prior to final
resolution. Deposit premiums from these sales are not included in these tables; associated asset sales are
recorded as conservatorship sales in other tables.
2. In n/95, there was one ARP that was also a branch sale: this is recorded as an ARP rather than a branch
sales in Table m.
3. The 45 mixed deals can be further broken down as follows: 20 were a combination of P&A and payout; 2
were a combination of P&A, IDT and payout; 1 was a combination of P&A and IDT; and 22 were a
combination of IDT and payout.
4. For most institutions, total assets passed (net of putbacks^ implicitly assumes that all putbacks to date are
from assets sold at resolution. However, in quarters whore total assets passed (net of putbacks) was negative,
it is assumed that resolution sales were zero. Although most putbacks were related to sales at resolutions, such
sales may be underestimated since some putbacks relate to other types of sales.




90

5. The number of deposit accounts is as of quarter before resolution and includes both insured and uninsured
accounts.
6. The cost of resolution is defined as the difference between the outlays at resolution and the net RTC
recoveries from the remaining assets in receivership. Because assets still remain to be sold for most institutions,
this table provides an estimate based on the RTC’s 1994 audited financial statements.
7. The deposit premium is calculated as the difference in cost to the RTC between a deposit payout and the
winning bid, regardless of the way that RTC savings are achieved. Core deposits are estimated using data for
deposit accounts with balances less than $80,000.
8. The average number of bidders is calculated as the total number of bids received divided by total resolutions.
If multiple bids are received from one entity, those bids are counted as one bid. Only bids for deposits are
included (i.e., bidders for assets only are excluded). Also, many bids are for one or more branches, rather than
the whole institution.
Table IV
1. On the income statement, loss provisions and accounting adjustments are calculated using the following line
items from the Thrift Financial Report: provision for losses on interest-bearing assets (SO-321); minus income
(loss) from sale of assets held for sale (S0-430); minus lower-of-cost-or-market (LOCOM) adjustments made
to assets held for sale (SO-465); minus realized and unrealized gains (losses) on trading assets (S0-485); plus
amortization of goodwill (S0-560); plus net provision for losses on non-interest-bearing assets (S0-570); minus
gain on asset sales (SO-61); plus loss on asset sales (SO-66); plus extraordinary items (SO-811).
2. For roughly 200 institutions, the income statement data for one quarter is incomplete. Most institutions
undergo a pass-through receivership sometime before resolution. Because this process essentially creates a new
institution, only data during the period after the pass-through receivership are included within the primary data
source for this table. The RTC surveyed most institutions to include the full quarter’s income, but 200
institutions had already been resolved before RTC began the survey.
3. Advances for taxes and insurance and accrued interest receivable are allocated among assets on a pro-rata
basis as appropriate. When calculating loan delinquency rates, these items are excluded from the asset base.
4. Delinquent loans are defined as loans that are 90 or more days delinquent or that have been placed in non­
accrual status.
Tables V-S and V
1. The quarterly and annual figures for conservatorship advances show the net change during the period. The
cumulative figure is outstanding conservatorship advances.
2. Other uses include expenses paid on behalf of conservatorships and other corporate disbursements, less
interest payments and expense reimbursements received from conservatorships and other sources.




91

3. Estimated loss funds used reports the RTC estimate based on its audited December 1994 financial statements,
and may change as assets continue to be sold and expenses are incurred. It does not include any estimate for
future resolutions. Working capital is calculated as total uses minus estimated loss funds used.
4. The cash balance equals total sources minus total uses and is the amount of cash held by die RTC in its
corporate capacity. The balance excludes cash and investments held by receiverships, such as working cash and
cash set aside to fund reserves for securitizations, representations and warranties.
Tables VI-S and VI
1. For each institution, the state is determined by the location of die main office.
2. Deposits at takeover are as of the quarter-end date prior to takeover, because it is not available for all

institutions at the takeover date. Gross assets are as of the takeover date.
3. The charter type refers to either a federal- or state-chartered institutions.
4. The estimated resolution cost is based on the December 1994 audited financial statements, and may diange
as assets continue to be sold and expenses are incurred.
Reporting Policy Changes

There were two substantive changes in reporting policy over die life of the RTC.
1. In most RTC reports, office premises in receivership were originally classified as other assets, reflecting the
conservatorship classification. Beginning with reports prepared using January 1992 data, they were moved from
other assets to REO. These tables show all office premises in receivership as real estate.
2. In most RTC reports, ^ains on disposal of assets were excluded from sales proceeds and reported as income

in receiverships until May 1994. This report shows gains as a part of sales proceeds.




92