At the end of 1986, liabilities exceeded assets by $6.3 billion.
The institution's liabilities exceed its assets by $28 million, he said.
But by 2002, the stock collapsed and pledges exceeded assets.
Early calculations indicate liabilities exceeded assets by $11.6 billion at the end of 1987.
Between 7,000 and 9,000 names are currently believed to have liabilities exceeding their assets.
As a result, it had a net loss of $465.8 million that, on paper, left liabilities exceeding assets.
That exceeded its total assets of $1 billion.
Its liabilities exceed its assets by $:15.4 million, he said.
Good will is the amount by which an acquired institition's liabilities exceeded its assets.
The bank's liabilities, including to depositors, exceeded its assets by $3.3 million to $5 million.