The Graveyard › Banks › 1985

Southern California S&LA

Beverly Hills · assisted June 6, 1985 · FDIC certificate 28621

Southern California S&LA of Beverly Hills was given assistance by the FSLIC on June 6, 1985. The FDIC's list records an assistance transaction, not a closing. It opened in 1928, 57 years before. At its last report before that it held $1.5 billion in assets and $1.3 billion in deposits. The FDIC estimates that the FSLIC's fund lost $223.8 million on it.

1984-031985-03

Assets at the end$1.5 billionlast report before June 6, 1985

Deposits at the end$1.3 billion

Estimated loss to the fund$223.8 millionFSLIC

Largest in the quarterly reports$1.5 billionSeptember 30, 1984

Equity to assets-0.2%March 31, 1985

Loans not being repaid4.0%noncurrent, March 31, 1985

Return on assets-1.84%a year's rate, March 31, 1985

On the FDIC's list: SOUTHERN CALIFORNIA S&LA.

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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.