The Graveyard › Banks › 1991

Columbia Savings and Loan Association

Beverly Hills, CA · failed January 25, 1991 · FDIC certificate 31062

Columbia Savings and Loan Association of Beverly Hills, CA failed on January 25, 1991. It opened in 1958, 33 years before. At its last report before that it held $5.4 billion in assets and $5.6 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $11.8 billion. The FDIC estimates that the Resolution Trust Corporation lost $206.3 million on it.

1984-031990-12

Assets at the end$5.4 billionlast report before January 25, 1991

Deposits at the end$5.6 billion

Estimated loss to the fund$206.3 millionRTC

Largest in the quarterly reports$11.8 billionJune 30, 1989

Equity to assets-21.1%December 31, 1990

Loans not being repaid4.9%noncurrent, December 31, 1990

Return on assets-16.29%a year's rate, December 31, 1990

Staff542full time, December 31, 1990

On the FDIC's list: COLUMBIA SAVINGS & LOAN ASSN..

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Also ended in 1991

Bank of New England, National Association · Boston, MA · $13.4 billion in assets
Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
Goldome · Buffalo, NY · $9.9 billion in assets
Great American Fsa · San Diego, CA · $9.5 billion in assets
The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
Sunbelt Savings · Irving, TX · $6.0 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.