The Graveyard › Banks › 1989
Royal Oak S & L Association
Manteca, CA · failed April 6, 1989 · FDIC certificate 32132
Royal Oak S & L Association of Manteca, CA failed on April 6, 1989. It opened in 1981, 8 years before. At its last report before that it held $34.4 million in assets and $35.5 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $3.1 million on it.
1984-031989-03
Assets at the end$34.4 millionlast report before April 6, 1989
Deposits at the end$35.5 million
Estimated loss to the fund$3.1 millionRTC
Equity to assets-3.9%March 31, 1989
Loans not being repaid0.4%noncurrent, March 31, 1989
Return on assets-3.83%a year's rate, March 31, 1989
On the FDIC's list: ROYAL OAK S & L ASSOC..
Take today's blind testAlso ended in 1989
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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.