The Graveyard › Banks › 1991
Gold River SB
Fair Oaks, CA · failed September 27, 1991 · FDIC certificate 32400
Gold River SB of Fair Oaks, CA failed on September 27, 1991. It opened on November 14, 1985, 5 years before. At its last report before that it held $24.1 million in assets and $21.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $59.5 million. The FDIC estimates that the Resolution Trust Corporation lost $2.1 million on it.
1985-121991-06
Assets at the end$24.1 millionlast report before September 27, 1991
Deposits at the end$21.9 million
Estimated loss to the fund$2.1 millionRTC
Largest in the quarterly reports$59.5 millionMarch 31, 1989
Equity to assets1.0%June 30, 1991
Loans not being repaid2.1%noncurrent, June 30, 1991
Return on assets-7.68%a year's rate, June 30, 1991
Staff17full time, June 30, 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.