The Graveyard › Banks › 1985

Sun S&LA

Portland · assisted October 4, 1985 · FDIC certificate 28422

Sun S&LA of Portland was given assistance by the FSLIC on October 4, 1985. The FDIC's list records an assistance transaction, not a closing. It opened in 1915, 70 years before. At its last report before that it held $231.9 million in assets and $177.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $283.4 million. The FDIC estimates that the FSLIC's fund lost $17.5 million on it.

1984-031985-09

Assets at the end$231.9 millionlast report before October 4, 1985

Deposits at the end$177.1 million

Estimated loss to the fund$17.5 millionFSLIC

Largest in the quarterly reports$283.4 millionJune 30, 1984

Equity to assets0.5%September 30, 1985

Loans not being repaid0.6%noncurrent, September 30, 1985

Return on assets-1.31%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.