The Graveyard › Banks › 1985
Golden Pacific National Bank
New York, NY · failed June 21, 1985 · FDIC certificate 22452
Golden Pacific National Bank of New York, NY failed on June 21, 1985. It opened on April 11, 1977, 8 years before. At its last report before that it held $146.3 million in assets and $131.4 million in deposits. The FDIC's list records no loss to the FDIC's insurance fund.
1984-031985-03
Assets at the end$146.3 millionlast report before June 21, 1985
Deposits at the end$131.4 million
Estimated loss to the fundnone recordedFDIC
Largest in the quarterly reports$146.3 millionMarch 31, 1985
Equity to assets5.8%March 31, 1985
Loans not being repaid2.4%noncurrent, March 31, 1985
Return on assets1.02%a year's rate, March 31, 1985
Staff116full time, 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.
