The Graveyard › Banks › 1987
Perpetual SB
Los Angeles, CA · failed March 18, 1987 · FDIC certificate 32183
Perpetual SB of Los Angeles, CA failed on March 18, 1987. It opened in 1982, 5 years before. At its last report before that it held $62.5 million in assets and $59.7 million in deposits. The FDIC's list gives no estimate of the loss: the FDIC says its figures are not complete for its own cases before 1986 or for FSLIC cases from 1934 to 1988.
1984-031986-12
Assets at the end$62.5 millionlast report before March 18, 1987
Deposits at the end$59.7 million
Estimated loss to the fundnot givenFSLIC
Largest in the quarterly reports$62.5 millionDecember 31, 1986
Equity to assets-2.7%December 31, 1986
Loans not being repaid0.0%noncurrent, December 31, 1986
Return on assets-0.43%a year's rate, December 31, 1986
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million in assets · assisted
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.