The Graveyard › Banks › 1990
Peninsula S & La
South San Francisco, CA · failed May 4, 1990 · FDIC certificate 31982
Peninsula S & La of South San Francisco, CA failed on May 4, 1990. It opened in 1977, 13 years before. At its last report before that it held $51.8 million in assets and $46.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $80.4 million. The FDIC estimates that the Resolution Trust Corporation lost $1.5 million on it.
1984-031990-03
Assets at the end$51.8 millionlast report before May 4, 1990
Deposits at the end$46.1 million
Estimated loss to the fund$1.5 millionRTC
Largest in the quarterly reports$80.4 millionSeptember 30, 1988
Equity to assets0.1%March 31, 1990
Loans not being repaid1.0%noncurrent, March 31, 1990
Return on assets-3.09%a year's rate, March 31, 1990
Staff17full time, March 31, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.