The Graveyard › Banks › 1992
Huntington Pacific Thrift & Loan
Huntington, CA · failed December 4, 1992 · FDIC certificate 26440
Huntington Pacific Thrift & Loan of Huntington, CA failed on December 4, 1992. It opened on September 22, 1982, 10 years before. At its last report before that it held $40.5 million in assets and $38.3 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1991, it held $55.5 million. The FDIC estimates that the Bank Insurance Fund lost $17.4 million on it.
1985-121992-09
Assets at the end$40.5 millionlast report before December 4, 1992
Deposits at the end$38.3 million
Estimated loss to the fund$17.4 millionBIF
Largest in the quarterly reports$55.5 millionMarch 31, 1991
Equity to assets3.1%September 30, 1992
Loans not being repaid9.1%noncurrent, September 30, 1992
Return on assets-5.10%a year's rate, September 30, 1992
Staff39full time, September 30, 1992
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.
