The Graveyard › Banks › 1995
Guardian Bank
Los Angeles, CA · failed January 20, 1995 · FDIC certificate 24754
Guardian Bank of Los Angeles, CA failed on January 20, 1995. It opened on October 20, 1983, 11 years before. At its last report before that it held $316.9 million in assets and $297.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1992, it held $820.3 million. The FDIC estimates that the Bank Insurance Fund lost $20.5 million on it.
1984-031994-12
Assets at the end$316.9 millionlast report before January 20, 1995
Deposits at the end$297.9 million
Estimated loss to the fund$20.5 millionBIF
Largest in the quarterly reports$820.3 millionSeptember 30, 1992
Equity to assets5.2%December 31, 1994
Loans not being repaid10.1%noncurrent, December 31, 1994
Return on assets-5.61%a year's rate, December 31, 1994
Staff103full time, December 31, 1994
Also ended in 1995
- Continental Savings of America · San Francisco, CA · $359.4 million in assets
- First Trust Bank · Ontario, CA · $227.7 million in assets
- Pacific Heritage Bank · Torrance, CA · $147.7 million in assets
- Founders Bank · New Haven, CT · $77.4 million in assets
- American S & L Association · New York, NY · $64.4 million in assets
- Los Angeles Thrift and Loan Company · Los Angeles, CA · $23.4 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.