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Commonwealth S & L Association

Osceola · failed March 2, 1989 · FDIC certificate 31653

Commonwealth S & L Association of Osceola failed on March 2, 1989. It opened in 1972, 17 years before. At its last report before that it held $37.1 million in assets and $35.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $41.3 million. The FDIC estimates that the Resolution Trust Corporation lost $15.2 million on it.

1984-031988-12

Assets at the end$37.1 millionlast report before March 2, 1989

Deposits at the end$35.7 million

Estimated loss to the fund$15.2 millionRTC

Largest in the quarterly reports$41.3 millionJune 30, 1986

Equity to assets-15.6%December 31, 1988

Loans not being repaid8.8%noncurrent, December 31, 1988

Return on assets-9.91%a year's rate, December 31, 1988

On the FDIC's list: COMMONWEALTH S & L ASSOC..

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Also ended in 1989

Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
City Savings, FSB · Somerset, NJ · $9.8 billion in assets
MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
University Federal Savings · Houston, TX · $4.5 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.