The Graveyard › Banks › 1985

Bell S&LA

San Mateo · assisted July 25, 1985 · FDIC certificate 28490

Bell S&LA of San Mateo was given assistance by the FSLIC on July 25, 1985. The FDIC's list records an assistance transaction, not a closing. It opened in 1896, 89 years before. At its last report before that it held $1.6 billion in assets and $1.3 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $2.1 billion. The FDIC estimates that the FSLIC's fund lost $829.7 million on it.

1984-031985-06

Assets at the end$1.6 billionlast report before July 25, 1985

Deposits at the end$1.3 billion

Estimated loss to the fund$829.7 millionFSLIC

Largest in the quarterly reports$2.1 billionJune 30, 1984

Equity to assets-4.0%June 30, 1985

Loans not being repaid29.9%noncurrent, June 30, 1985

Return on assets-3.36%a year's rate, June 30, 1985

On the FDIC's list: BELL S&LA.

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Also ended in 1985

Bowery Savings Bank · New York · $5.3 billion in assets · assisted
Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
Central S&LA · San Diego · $2.3 billion in assets · assisted
Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
Sunrise, S&LA · Lake Worth, FL · $1.5 billion in assets
Southern California S&LA · Beverly Hills · $1.5 billion in assets · assisted

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.