The Graveyard › Banks › 1990

Rancho Bernardo Fed. Savings Bank

San Diego, CA · failed October 26, 1990 · FDIC certificate 32177

Rancho Bernardo Fed. Savings Bank of San Diego, CA failed on October 26, 1990. It opened in 1982, 8 years before. At its last report before that it held $118.6 million in assets and $113.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $134.3 million. The FDIC estimates that the Resolution Trust Corporation lost $7.7 million on it.

1984-031990-09

Assets at the end$118.6 millionlast report before October 26, 1990

Deposits at the end$113.1 million

Estimated loss to the fund$7.7 millionRTC

Largest in the quarterly reports$134.3 millionSeptember 30, 1989

Equity to assets-0.7%September 30, 1990

Loans not being repaid2.3%noncurrent, September 30, 1990

Return on assets-3.21%a year's rate, September 30, 1990

Staff23full time, September 30, 1990

On the FDIC's list: RANCHO BERNARDO FED. SAV. BANK.

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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.