The Graveyard › Banks › 1985

Central S&LA

San Diego · assisted May 31, 1985 · FDIC certificate 30965

Central S&LA of San Diego was given assistance by the FSLIC on May 31, 1985. The FDIC's list records an assistance transaction, not a closing. It opened on July 8, 1957, 27 years before. At its last report before that it held $2.3 billion in assets and $1.7 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $2.6 billion. The FDIC estimates that the FSLIC's fund lost $327.1 million on it.

1984-031985-03

Assets at the end$2.3 billionlast report before May 31, 1985

Deposits at the end$1.7 billion

Estimated loss to the fund$327.1 millionFSLIC

Largest in the quarterly reports$2.6 billionJune 30, 1984

Equity to assets-5.0%March 31, 1985

Loans not being repaid4.6%noncurrent, March 31, 1985

Return on assets-1.99%a year's rate, March 31, 1985

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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
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
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.