The Graveyard › Banks › 1994
Encino Savings Bank, FSB
Encino, CA · failed June 3, 1994 · FDIC certificate 31484
Encino Savings Bank, FSB of Encino, CA failed on June 3, 1994. It opened in 1979, 15 years before. At its last report before that it held $92.5 million in assets and $89.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $244.0 million. The FDIC estimates that the Resolution Trust Corporation lost $7.4 million on it.
1984-031994-03
Assets at the end$92.5 millionlast report before June 3, 1994
Deposits at the end$89.1 million
Estimated loss to the fund$7.4 millionRTC
Largest in the quarterly reports$244.0 millionDecember 31, 1988
Equity to assets2.4%March 31, 1994
Loans not being repaid4.7%noncurrent, March 31, 1994
Return on assets-3.00%a year's rate, March 31, 1994
Staff24full time, March 31, 1994
Also ended in 1994
- The Bank of Hartford · Hartford, CT · $321.5 million in assets
- Ludlow Savings Bank · Ludlow, MA · $222.7 million in assets
- Bank of Newport · Newport Beach, CA · $167.8 million in assets
- Mechanics National Bank · Paramount, CA · $148.7 million in assets
- CommerceBank · Newport Beach, CA · $142.3 million in assets
- Pioneer Bank · Fullerton, CA · $133.3 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.