The Graveyard › Banks › 1992
The Bank of Beverly Hills
Beverly Hills, CA · failed April 3, 1992 · FDIC certificate 22414
The Bank of Beverly Hills of Beverly Hills, CA failed on April 3, 1992. It opened on February 14, 1977, 15 years before. At its last report before that it held $125.9 million in assets and $122.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $176.3 million. The FDIC estimates that the Bank Insurance Fund lost $25.0 million on it.
1984-031991-12
Assets at the end$125.9 millionlast report before April 3, 1992
Deposits at the end$122.3 million
Estimated loss to the fund$25.0 millionBIF
Largest in the quarterly reports$176.3 millionJune 30, 1987
Equity to assets1.1%December 31, 1991
Loans not being repaid6.9%noncurrent, December 31, 1991
Return on assets-2.79%a year's rate, December 31, 1991
Staff107full time, December 31, 1991
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.