The Graveyard › Banks › 1985
Flushing Fs&La
Flushing · assisted July 19, 1985 · FDIC certificate 28504
Flushing Fs&La of Flushing was given assistance by the FSLIC on July 19, 1985. The FDIC's list records an assistance transaction, not a closing. It opened in 1889, 96 years before. At its last report before that it held $527.7 million in assets and $524.9 million in deposits. The FDIC estimates that the FSLIC's fund lost $22.9 million on it.
1984-031985-06
Assets at the end$527.7 millionlast report before July 19, 1985
Deposits at the end$524.9 million
Estimated loss to the fund$22.9 millionFSLIC
Largest in the quarterly reports$552.5 millionSeptember 30, 1984
Equity to assets-5.9%June 30, 1985
Loans not being repaid10.1%noncurrent, June 30, 1985
Return on assets-0.84%a year's rate, June 30, 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.