The Graveyard › Banks › 1992
Mission Viejo National Bank
Mission Viejo, CA · failed February 28, 1992 · FDIC certificate 23455
Mission Viejo National Bank of Mission Viejo, CA failed on February 28, 1992. It opened on June 4, 1981, 10 years before. At its last report before that it held $114.6 million in assets and $102.4 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1991, it held $172.4 million. The FDIC estimates that the Bank Insurance Fund lost $31.4 million on it.
1984-031991-12
Assets at the end$114.6 millionlast report before February 28, 1992
Deposits at the end$102.4 million
Estimated loss to the fund$31.4 millionBIF
Largest in the quarterly reports$172.4 millionMarch 31, 1991
Equity to assets-3.3%December 31, 1991
Loans not being repaid22.0%noncurrent, December 31, 1991
Return on assets-7.67%a year's rate, December 31, 1991
Staff89full time, December 31, 1991
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.