Underfolio

The Graveyard › Banks › 1985

Centennial S&LA

Guerneville, CA · failed August 20, 1985 · FDIC certificate 31818

Centennial S&LA of Guerneville, CA failed on August 20, 1985. It opened on September 29, 1976, 8 years before. At its last report before that it held $368.2 million in assets and $367.8 million in deposits. The FDIC estimates that the FSLIC's fund lost $148.9 million on it.

1984-031985-06
Assets at the end$368.2 millionlast report before August 20, 1985
Deposits at the end$367.8 million
Estimated loss to the fund$148.9 millionFSLIC
Largest in the quarterly reports$381.6 millionJune 30, 1985
Equity to assets-1.8%June 30, 1985
Loans not being repaid24.7%noncurrent, June 30, 1985
Return on assets-2.42%a year's rate, June 30, 1985

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

Take today's blind test

Also ended in 1985

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.