The Graveyard › Banks › 1991
Executive SB, FSB
Marina Del Rey, CA · failed April 26, 1991 · FDIC certificate 32202
Executive SB, FSB of Marina Del Rey, CA failed on April 26, 1991. It opened in 1982, 9 years before. At its last report before that it held $58.6 million in assets and $55.5 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $71.0 million. The FDIC estimates that the Resolution Trust Corporation lost $6.3 million on it.
1984-031991-03
Assets at the end$58.6 millionlast report before April 26, 1991
Deposits at the end$55.5 million
Estimated loss to the fund$6.3 millionRTC
Largest in the quarterly reports$71.0 millionJune 30, 1989
Equity to assets-1.3%March 31, 1991
Loans not being repaid8.8%noncurrent, March 31, 1991
Return on assets-2.73%a year's rate, March 31, 1991
Staff16full time, March 31, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.