The Graveyard › Banks › 1986
Guaranty S&LA
Longview, WA · failed March 21, 1986 · FDIC certificate 30966
Guaranty S&LA of Longview, WA failed on March 21, 1986. It opened in 1957, 29 years before. At its last report before that it held $22.3 million in assets and $13.9 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $28.0 million. The FDIC estimates that the FSLIC's fund lost $3.4 million on it.
1984-031985-12
Assets at the end$22.3 millionlast report before March 21, 1986
Deposits at the end$13.9 million
Estimated loss to the fund$3.4 millionFSLIC
Largest in the quarterly reports$28.0 millionJune 30, 1984
Equity to assets-11.5%December 31, 1985
Loans not being repaid10.2%noncurrent, December 31, 1985
Return on assets-2.95%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.