The Graveyard › Banks › 1995

Continental Savings of America

San Francisco, CA · failed April 28, 1995 · FDIC certificate 31899

Continental Savings of America of San Francisco, CA failed on April 28, 1995. It opened on August 29, 1977, 17 years before. At its last report before that it held $359.4 million in assets and $357.0 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $844.6 million. The FDIC estimates that the Resolution Trust Corporation lost $22.2 million on it.

1984-031995-03

Assets at the end$359.4 millionlast report before April 28, 1995

Deposits at the end$357.0 million

Estimated loss to the fund$22.2 millionRTC

Largest in the quarterly reports$844.6 millionMarch 31, 1989

Equity to assets-2.6%March 31, 1995

Loans not being repaid0.0%noncurrent, March 31, 1995

Return on assets-1.37%a year's rate, March 31, 1995

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Also ended in 1995

Guardian Bank · Los Angeles, CA · $316.9 million in assets
First Trust Bank · Ontario, CA · $227.7 million in assets
Pacific Heritage Bank · Torrance, CA · $147.7 million in assets
Founders Bank · New Haven, CT · $77.4 million in assets
American S & L Association · New York, NY · $64.4 million in assets
Los Angeles Thrift and Loan Company · Los Angeles, CA · $23.4 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.