The Graveyard › Banks › 1991
Guardian Fsa
Huntington Beach, CA · failed June 21, 1991 · FDIC certificate 32179
Guardian Fsa of Huntington Beach, CA failed on June 21, 1991. It opened on October 11, 1983, 7 years before. At its last report before that it held $682.1 million in assets and $654.3 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1990, it held $865.3 million. The FDIC estimates that the Resolution Trust Corporation lost $150.2 million on it.
1984-031991-03
Assets at the end$682.1 millionlast report before June 21, 1991
Deposits at the end$654.3 million
Estimated loss to the fund$150.2 millionRTC
Largest in the quarterly reports$865.3 millionDecember 31, 1990
Equity to assets3.0%March 31, 1991
Loans not being repaid12.6%noncurrent, March 31, 1991
Return on assets1.60%a year's rate, March 31, 1991
Staff462full time, March 31, 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.