The Graveyard › Banks › 1985
Presidio S&LA
Porterville, CA · failed August 28, 1985 · FDIC certificate 31749
Presidio S&LA of Porterville, CA failed on August 28, 1985. It opened in 1974, 11 years before. At its last report before that it held $284.5 million in assets and $244.9 million in deposits. The FDIC estimates that the FSLIC's fund lost $96.6 million on it.
1984-031985-06
Assets at the end$284.5 millionlast report before August 28, 1985
Deposits at the end$244.9 million
Estimated loss to the fund$96.6 millionFSLIC
Largest in the quarterly reports$250.5 millionMarch 31, 1985
Equity to assets-10.9%June 30, 1985
Loans not being repaid54.7%noncurrent, June 30, 1985
Return on assets-0.85%a year's rate, June 30, 1985
On the FDIC's list: PRESIDIO S&LA.
Take today's blind testAlso ended in 1985
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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.