The Graveyard › Banks › 1991
Landmark Thrift and Loan Association
San Diego, CA · failed July 12, 1991 · FDIC certificate 25592
Landmark Thrift and Loan Association of San Diego, CA failed on July 12, 1991. It opened on January 3, 1983, 8 years before. At its last report before that it held $16.6 million in assets and $15.8 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1987, it held $34.7 million. The FDIC estimates that the Bank Insurance Fund lost $2.2 million on it.
1984-091991-03
Assets at the end$16.6 millionlast report before July 12, 1991
Deposits at the end$15.8 million
Estimated loss to the fund$2.2 millionBIF
Largest in the quarterly reports$34.7 millionDecember 31, 1987
Equity to assets4.2%March 31, 1991
Loans not being repaid7.2%noncurrent, March 31, 1991
Return on assets-4.03%a year's rate, March 31, 1991
Staff16full 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.