The Graveyard › Banks › 1985

Brighton Fs&La

Brighton · assisted May 1, 1985 · FDIC certificate 29279

Brighton Fs&La of Brighton was given assistance by the FSLIC on May 1, 1985. The FDIC's list records an assistance transaction, not a closing. It opened on December 1, 1934, 50 years before. At its last report before that it held $91.4 million in assets and $83.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $100.3 million. The FDIC estimates that the FSLIC's fund lost $22.3 million on it.

1984-031985-03

Assets at the end$91.4 millionlast report before May 1, 1985

Deposits at the end$83.1 million

Estimated loss to the fund$22.3 millionFSLIC

Largest in the quarterly reports$100.3 millionJune 30, 1984

Equity to assets-6.1%March 31, 1985

Loans not being repaid1.7%noncurrent, March 31, 1985

Return on assets-4.10%a year's rate, March 31, 1985

Take today's blind test

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
Bell S&LA · San Mateo · $1.6 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

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.