The Graveyard › Banks › 1987

Tahoe S&LA

South Lake Tahoe · assisted April 3, 1987 · FDIC certificate 31440

Tahoe S&LA of South Lake Tahoe was given assistance by the FSLIC on April 3, 1987. The FDIC's list records an assistance transaction, not a closing. It opened in 1963, 24 years before. At its last report before that it held $81.2 million in assets and $90.8 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $99.7 million. The FDIC estimates that the FSLIC's fund lost $41.7 million on it.

1984-031987-03

Assets at the end$81.2 millionlast report before April 3, 1987

Deposits at the end$90.8 million

Estimated loss to the fund$41.7 millionFSLIC

Largest in the quarterly reports$99.7 millionDecember 31, 1984

Equity to assets-17.3%March 31, 1987

Loans not being repaid12.6%noncurrent, March 31, 1987

Return on assets-19.84%a year's rate, March 31, 1987

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Also ended in 1987

Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
Freedom S&LA · Tampa, FL · $1.9 billion in assets
Vernon S&LA · Vernon, TX · $1.3 billion in assets
Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
Independent American SA · Irving, TX · $1.0 billion in assets
First Financial Bank, FSB · New Orleans · $744.9 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.