The Graveyard › Banks › 1985
Eureka Fs&La
San Carlos · assisted June 21, 1985 · FDIC certificate 28745
Eureka Fs&La of San Carlos was given assistance by the FSLIC on June 21, 1985. The FDIC's list records an assistance transaction, not a closing. It opened in 1890, 95 years before. At its last report before that it held $1.6 billion in assets and $1.4 billion in deposits. The FDIC estimates that the FSLIC's fund lost $453.3 million on it.
1984-031985-03
Assets at the end$1.6 billionlast report before June 21, 1985
Deposits at the end$1.4 billion
Estimated loss to the fund$453.3 millionFSLIC
Largest in the quarterly reports$1.6 billionSeptember 30, 1984
Equity to assets-2.1%March 31, 1985
Loans not being repaid6.1%noncurrent, March 31, 1985
Return on assets-0.98%a year's rate, March 31, 1985
Also ended in 1985
- Bowery Savings Bank · New York · $5.3 billion in assets · assisted
- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 billion in assets
- Southern California S&LA · Beverly Hills · $1.5 billion in assets · assisted
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.