The Graveyard › Banks › 1993
The Bank of San Diego
San Diego, CA · failed October 29, 1993 · FDIC certificate 22815
The Bank of San Diego of San Diego, CA failed on October 29, 1993. It opened on March 1, 1979, 14 years before. At its last report before that it held $294.3 million in assets and $289.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1992, it held $395.9 million. The FDIC estimates that the Bank Insurance Fund lost $58.9 million on it.
1984-031993-09
Assets at the end$294.3 millionlast report before October 29, 1993
Deposits at the end$289.1 million
Estimated loss to the fund$58.9 millionBIF
Largest in the quarterly reports$395.9 millionDecember 31, 1992
Equity to assets0.4%September 30, 1993
Loans not being repaid24.6%noncurrent, September 30, 1993
Return on assets-3.48%a year's rate, September 30, 1993
Staff190full time, September 30, 1993
Also ended in 1993
- Western FSB · Marina Del Ray, CA · $3.8 billion in assets
- Old Stone SB · Providence, RI · $1.8 billion in assets
- New England Savings Bank · New London, CT · $914.9 million in assets
- First National Bank of Vermont · Bradford, VT · $295.8 million in assets
- Jefferson National Bank · Watertown, NY · $256.0 million in assets
- Capital Bank of California · Los Angeles, CA · $227.7 million 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.