The Graveyard › Banks › 1984
Scandia S&LA
Des Moines · assisted April 1, 1984 · FDIC certificate 30911
Scandia S&LA of Des Moines was given assistance by the FSLIC on April 1, 1984. The FDIC's list records an assistance transaction, not a closing. It opened in 1951, 33 years before. At its last report before that it held $65.2 million in assets and $65.9 million in deposits. The FDIC estimates that the FSLIC's fund lost $3.4 million on it.
Assets at the end$65.2 millionlast report before April 1, 1984
Deposits at the end$65.9 million
Estimated loss to the fund$3.4 millionFSLIC
Equity to assets-5.1%March 31, 1984
Loans not being repaid2.0%noncurrent, March 31, 1984
Return on assets-6.37%a year's rate, March 31, 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.