The Graveyard › Banks › 2008
PFF Bank & Trust
Pomona, CA · failed November 21, 2008 · FDIC certificate 28344
PFF Bank & Trust of Pomona, CA failed on November 21, 2008. It opened in 1892, 116 years before. At its last report before that it held $3.7 billion in assets and $2.4 billion in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2006, it held $4.5 billion. The FDIC estimates that the Deposit Insurance Fund lost $258.8 million on it.
1984-032008-09
Assets at the end$3.7 billionlast report before November 21, 2008
Deposits at the end$2.4 billion
Estimated loss to the fund$258.8 millionDIF
Largest in the quarterly reports$4.5 billionSeptember 30, 2006
Equity to assets4.6%September 30, 2008
Loans not being repaid19.6%noncurrent, September 30, 2008
Return on assets-5.62%a year's rate, September 30, 2008
Staff700full time, September 30, 2008
Also ended in 2008
- Citibank, National Association · Las Vegas · $1.21 trillion in assets · assisted
- Washington Mutual Bank · Henderson, NV · $307.0 billion in assets
- Citibank (South Dakota), N.A. · Sioux Falls · $77.7 billion in assets · assisted
- IndyMac Bank, F.S.B. · Pasadena, CA · $30.7 billion in assets
- Citicorp Trust Bank, fsb · Wilmington · $19.6 billion in assets · assisted
- Downey Savings and Loan Association, F.A. · Newport Beach, CA · $12.8 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.