The Graveyard › Banks › 1984
Rhode Island Fs&La
Providence · assisted September 1, 1984 · FDIC certificate 29892
Rhode Island Fs&La of Providence was given assistance by the FSLIC on September 1, 1984. The FDIC's list records an assistance transaction, not a closing. It opened in 1936, 48 years before. At its last report before that it held $130.3 million in assets and $124.4 million in deposits. The FDIC estimates that the FSLIC's fund lost $9.6 million on it.
1984-031984-06
Assets at the end$130.3 millionlast report before September 1, 1984
Deposits at the end$124.4 million
Estimated loss to the fund$9.6 millionFSLIC
Largest in the quarterly reports$130.3 millionJune 30, 1984
Equity to assets-8.5%June 30, 1984
Loans not being repaid2.6%noncurrent, June 30, 1984
Return on assets-1.61%a year's rate, June 30, 1984
Also ended in 1984
- Continental Illinois National Bank & Trust · Chicago · $40.0 billion in assets · assisted
- Continental Fs&La · Cleveland · $1.0 billion in assets · assisted
- San Marino S&LA · San Marino, CA · $856.8 million in assets
- Suburbia Fs&La · Garden City · $660.2 million in assets · assisted
- Century Fs&La · Cedarhurst · $651.7 million in assets · assisted
- Orange Savings Bank · Livingston · $513.4 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.
