The Graveyard › Banks › 1999

Pacific Thrift and Loan Co

Woodland Hills · failed November 22, 1999 · FDIC certificate 27415

Pacific Thrift and Loan Co of Woodland Hills failed on November 22, 1999. It opened on December 19, 1988, 10 years before. At its last report before that it held $127.3 million in assets and $119.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1998, it held $181.6 million. The FDIC estimates that the Bank Insurance Fund lost $42.0 million on it.

1988-121999-09

Assets at the end$127.3 millionlast report before November 22, 1999

Deposits at the end$119.5 million

Estimated loss to the fund$42.0 millionBIF

Largest in the quarterly reports$181.6 millionSeptember 30, 1998

Equity to assets4.9%September 30, 1999

Loans not being repaid8.7%noncurrent, September 30, 1999

Return on assets-5.59%a year's rate, September 30, 1999

Staff157full time, September 30, 1999

Could you have seen it coming? Play Dot-com

Also ended in 1999

First NB of Keystone · Keystone, WV · $1.1 billion in assets
East Texas NB of Marshall · Marshall, TX · $121.6 million in assets
Golden City Commercial Bank · New York, NY · $87.2 million in assets
Oceanmark Bank, A FSB · North Miami Beach, FL · $69.0 million in assets
Peoples NB of Commerce · Miami, FL · $36.8 million in assets
Zia New Mexico Bank · Tucumcari, NM · $17.3 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.