The Graveyard › Banks › 1991
Atlantic Financial FSB
San Francisco, CA · failed July 26, 1991 · FDIC certificate 32301
Atlantic Financial FSB of San Francisco, CA failed on July 26, 1991. It opened on March 8, 1985, 6 years before. At its last report before that it held $448.9 million in assets and $413.5 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $740.5 million. The FDIC estimates that the Resolution Trust Corporation lost $35.0 million on it.
1985-031991-06
Assets at the end$448.9 millionlast report before July 26, 1991
Deposits at the end$413.5 million
Estimated loss to the fund$35.0 millionRTC
Largest in the quarterly reports$740.5 millionJune 30, 1989
Equity to assets-3.4%June 30, 1991
Loans not being repaid1.1%noncurrent, June 30, 1991
Return on assets-7.70%a year's rate, June 30, 1991
Staff120full time, June 30, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.