The Graveyard › Banks › 1985

Security Trust S&LA

Oakridge · assisted October 28, 1985 · FDIC certificate 31841

Security Trust S&LA of Oakridge was given assistance by the FSLIC on October 28, 1985. The FDIC's list records an assistance transaction, not a closing. It opened in 1974, 11 years before. At its last report before that it held $28.8 million in assets and $27.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $35.4 million. The FDIC estimates that the FSLIC's fund lost $10.4 million on it.

1984-031985-09

Assets at the end$28.8 millionlast report before October 28, 1985

Deposits at the end$27.2 million

Estimated loss to the fund$10.4 millionFSLIC

Largest in the quarterly reports$35.4 millionJune 30, 1984

Equity to assets-5.3%September 30, 1985

Loans not being repaid26.1%noncurrent, September 30, 1985

Return on assets-3.50%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.