The Graveyard › Banks › 1984
Continental Fs&La
Cleveland · assisted September 21, 1984 · FDIC certificate 27781
Continental Fs&La of Cleveland was given assistance by the FSLIC on September 21, 1984. The FDIC's list records an assistance transaction, not a closing. It opened in 1892, 92 years before. At its last report before that it held $1.0 billion in assets and $837.7 million in deposits. The FDIC estimates that the FSLIC's fund lost $80.8 million on it.
1984-031984-06
Assets at the end$1.0 billionlast report before September 21, 1984
Deposits at the end$837.7 million
Estimated loss to the fund$80.8 millionFSLIC
Equity to assets-3.0%June 30, 1984
Loans not being repaid1.5%noncurrent, June 30, 1984
Return on assets-1.53%a year's rate, June 30, 1984
Also ended in 1984
- Continental Illinois National Bank & Trust · Chicago · $40.0 billion in assets · assisted
- San Marino S&LA · San Marino, CA · $856.8 million in assets
- Suburbia Fs&La · Garden City · $660.2 million in assets · assisted
- Century Fs&La · Cedarhurst · $651.7 million in assets · assisted
- Orange Savings Bank · Livingston · $513.4 million in assets · assisted
- Girod Trust Company · San Juan, PR · $405.7 million 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.