The Graveyard › Banks › 1992
Columbia Bank
Avondale, AZ · failed February 27, 1992 · FDIC certificate 25907
Columbia Bank of Avondale, AZ failed on February 27, 1992. It opened on March 18, 1985, 6 years before. At its last report before that it held $17.0 million in assets and $16.9 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $20.5 million. The FDIC estimates that the Bank Insurance Fund lost $3.7 million on it.
1985-031991-12
Assets at the end$17.0 millionlast report before February 27, 1992
Deposits at the end$16.9 million
Estimated loss to the fund$3.7 millionBIF
Largest in the quarterly reports$20.5 millionDecember 31, 1988
Equity to assets0.2%December 31, 1991
Loans not being repaid4.8%noncurrent, December 31, 1991
Return on assets-5.39%a year's rate, December 31, 1991
Staff17full time, December 31, 1991
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.