The Graveyard › Banks › 1992
North American Thrift and Loan
Corona Del Mar, CA · failed May 29, 1992 · FDIC certificate 27570
North American Thrift and Loan of Corona Del Mar, CA failed on May 29, 1992. It opened on December 30, 1980, 11 years before. At its last report before that it held $21.3 million in assets and $20.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1990, it held $23.9 million. The FDIC estimates that the Bank Insurance Fund lost $4.5 million on it.
1989-091992-03
Assets at the end$21.3 millionlast report before May 29, 1992
Deposits at the end$20.9 million
Estimated loss to the fund$4.5 millionBIF
Largest in the quarterly reports$23.9 millionSeptember 30, 1990
Equity to assets1.7%March 31, 1992
Loans not being repaid7.8%noncurrent, March 31, 1992
Return on assets-3.01%a year's rate, March 31, 1992
Staff35full time, March 31, 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.