The Graveyard › Banks › 1986
First Fs&La of Redding
Redding · assisted March 20, 1986 · FDIC certificate 31380
First Fs&La of Redding of Redding was given assistance by the FSLIC on March 20, 1986. The FDIC's list records an assistance transaction, not a closing. It opened in 1962, 24 years before. At its last report before that it held $39.6 million in assets and $41.2 million in deposits. The FDIC's list records a negative loss of $223,445: the FSLIC's fund got back more than it paid out.
1984-031985-12
Assets at the end$39.6 millionlast report before March 20, 1986
Deposits at the end$41.2 million
Estimated loss to the funda gain of $223,445FSLIC
Equity to assets-30.6%December 31, 1985
Loans not being repaid5.0%noncurrent, December 31, 1985
Return on assets-5.50%a year's rate, December 31, 1985
Also ended in 1986
- Western S&LA · Dallas, TX · $2.0 billion in assets
- The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
- Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
- National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
- Mainland S&LA · Houston, TX · $1.0 billion in assets
- American Diversified Savings Bank · Costa Mesa · $978.6 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.