The Graveyard › Banks › 1985
First Federal of Titusville
Titusville · assisted May 2, 1985 · FDIC certificate 30934
First Federal of Titusville of Titusville was given assistance by the FSLIC on May 2, 1985. The FDIC's list records an assistance transaction, not a closing. It opened in 1956, 29 years before. At its last report before that it held $162.7 million in assets and $157.7 million in deposits. The FDIC estimates that the FSLIC's fund lost $7.1 million on it.
1984-031985-03
Assets at the end$162.7 millionlast report before May 2, 1985
Deposits at the end$157.7 million
Estimated loss to the fund$7.1 millionFSLIC
Largest in the quarterly reports$162.7 millionMarch 31, 1985
Equity to assets-2.1%March 31, 1985
Loans not being repaid4.2%noncurrent, March 31, 1985
Return on assets-0.71%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
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 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.