The Graveyard › Banks › 1985

Security Fs&La

Alberquerque · assisted October 1, 1985 · FDIC certificate 30922

Security Fs&La of Alberquerque was given assistance by the FSLIC on October 1, 1985. The FDIC's list records an assistance transaction, not a closing. It opened on December 26, 1956, 28 years before. At its last report before that it held $169.1 million in assets and $167.7 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $193.2 million. The FDIC estimates that the FSLIC's fund lost $19.5 million on it.

1984-031985-09

Assets at the end$169.1 millionlast report before October 1, 1985

Deposits at the end$167.7 million

Estimated loss to the fund$19.5 millionFSLIC

Largest in the quarterly reports$193.2 millionSeptember 30, 1984

Equity to assets-13.8%September 30, 1985

Loans not being repaid5.1%noncurrent, September 30, 1985

Return on assets-7.05%a year's rate, September 30, 1985

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Also ended in 1985

Bowery Savings Bank · New York · $5.3 billion in assets · assisted
Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
Central S&LA · San Diego · $2.3 billion in assets · assisted
Bell S&LA · San Mateo · $1.6 billion in assets · assisted
Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
Sunrise, S&LA · Lake Worth, FL · $1.5 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.