The Graveyard › Banks › 1986

Gateway SB

San Francisco · failed April 14, 1986 · FDIC certificate 32059

Gateway SB of San Francisco failed on April 14, 1986. It opened in 1979, 7 years before. At its last report before that it held $155.9 million in assets and $166.9 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $240.9 million. The FDIC's list gives no estimate of the loss: the FDIC says its figures are not complete for its own cases before 1986 or for FSLIC cases from 1934 to 1988.

1984-031986-03

Assets at the end$155.9 millionlast report before April 14, 1986

Deposits at the end$166.9 million

Estimated loss to the fundnot givenFSLIC

Largest in the quarterly reports$240.9 millionDecember 31, 1984

Equity to assets-14.8%March 31, 1986

Loans not being repaid19.5%noncurrent, March 31, 1986

Return on assets-4.48%a year's rate, March 31, 1986

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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.