The Graveyard › Banks › 1989

Arrowhead Pacific Federal Savings

San Bernardino, CA · failed April 6, 1989 · FDIC certificate 32045

Arrowhead Pacific Federal Savings of San Bernardino, CA failed on April 6, 1989. It opened in 1979, 10 years before. At its last report before that it held $60.2 million in assets and $88.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1987, it held $78.1 million. The FDIC estimates that the Resolution Trust Corporation lost $35.0 million on it.

1984-031989-03

Assets at the end$60.2 millionlast report before April 6, 1989

Deposits at the end$88.1 million

Estimated loss to the fund$35.0 millionRTC

Largest in the quarterly reports$78.1 millionSeptember 30, 1987

Equity to assets-50.2%March 31, 1989

Loans not being repaid1.6%noncurrent, March 31, 1989

Return on assets-10.61%a year's rate, March 31, 1989

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Also ended in 1989

Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
City Savings, FSB · Somerset, NJ · $9.8 billion in assets
MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
University Federal Savings · Houston, TX · $4.5 billion in assets

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.