The Graveyard › Banks › 1995
Los Angeles Thrift and Loan Company
Los Angeles, CA · failed March 31, 1995 · FDIC certificate 33190
Los Angeles Thrift and Loan Company of Los Angeles, CA failed on March 31, 1995. It opened on November 1, 1990, 4 years before. At its last report before that it held $23.4 million in assets and $22.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1993, it held $28.9 million. The FDIC estimates that the Bank Insurance Fund lost $6.1 million on it.
1990-121994-12
Assets at the end$23.4 millionlast report before March 31, 1995
Deposits at the end$22.3 million
Estimated loss to the fund$6.1 millionBIF
Largest in the quarterly reports$28.9 millionJune 30, 1993
Equity to assets4.5%December 31, 1994
Loans not being repaid21.3%noncurrent, December 31, 1994
Return on assets-5.73%a year's rate, December 31, 1994
Staff10full time, December 31, 1994
Also ended in 1995
- Continental Savings of America · San Francisco, CA · $359.4 million in assets
- Guardian Bank · Los Angeles, CA · $316.9 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
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.